Could you please clarify what hashing a message entails? Is it a process that involves transforming a message into a fixed-length string of numbers and letters using a mathematical function, ensuring that the original message cannot be retrieved from the hash? Is it a security measure that helps to verify the integrity of the message and prevent tampering? How does it work, and what are some of the common hashing algorithms used in the cryptocurrency and finance industry?
7 answers
LightningStrike
Sat Oct 05 2024
This means that even if the input data is extremely large, the resulting hash will still be of the same predetermined length.
DigitalDragon
Sat Oct 05 2024
Hashing is a process that involves taking data of any size and applying a mathematical algorithm to it.
SarahWilliams
Sat Oct 05 2024
The mathematical algorithm transforms the input data into an output that is a unique string of characters and numbers.
Carlo
Sat Oct 05 2024
The significant aspect of hashing is that the output, or hash, is always of the same length, regardless of the size or length of the input data.
CryptoKnight
Sat Oct 05 2024
Cryptography is a field that deals with securing information through various methods. One of the key processes in cryptography is hashing.