Tag Archives: Hash

Litecoin Network’s Hash Rate Blows Past New All-Time High at Nearly 360 TH/s

Litecoin’s hash rate has reached a new all-time high after falling abruptly at the end of 2018. Litecoin (LTC) is one of the largest digital assets in the market and it is one of the oldest in the space. Litecoin’s network has never been as secured as now. Continue reading Litecoin Network’s Hash Rate Blows Past New All-Time High at Nearly 360 TH/s

Eden Block: Hash Function

Instead of using public and private keys for encryption and decryption (as with ECC and RSA), a hash function can be used to secure data. A hash function processes plaintext of any size and creates a unique, fixed-length identifier. In other words, hash functions take the generic text (like this article) and turn it into a string of numbers and letters. This hash is unique to the message; this means that Message A and Message B cannot have the same hash function and that Message A will always have the same hash provided that the message doesn’t change. Additionally, any change to the original message will produce an entirely different hash. This is also called a collision-resistant hash function, meaning that no two different messages will produce the same hash. The resulting hash usually has a size between 128 and 512 bits. Continue reading Eden Block: Hash Function