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Behind Blockchain Encryption – The Sha 256 Hashing Algorithm

Behind Blockchain Encryption – The Sha 256 Hashing Algorithm

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Behind Blockchain Encryption – The Sha 256 Hashing Algorithm

What is the Sha 256 Hashing Algorithm?The Bitcoin blockchain is essentially a series of blocks with transactions, sender/receiver information, time stamps and an encrypted key that ...

What is the Sha 256 Hashing Algorithm?The Bitcoin blockchain is essentially a series of blocks with transactions, sender/receiver information, time stamps and an encrypted key that seals each block. The Sha-256 hashing algorithm works by comparing a computed hash, to an expected ...

How are Cryptocurrency Taxed?
How are cryptocurrency taxed

How are Cryptocurrency Taxed?

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How are Cryptocurrency Taxed?

Bitcoin is a virtual currency that uses cryptographic encryption system to facilitate secure transfers and storage. Unlike a fiat currency, bitcoin is not printed by a central back ...

Bitcoin is a virtual currency that uses cryptographic encryption system to facilitate secure transfers and storage. Unlike a fiat currency, bitcoin is not printed by a central back, nor is it backed by any. Bitcoins are generated by what is called mining—a process wherein high-po ...