Sentences with phrase «hashing algorithm used»

Blake2s is a high - speed, optimized cryptographic hashing algorithm used for Proof - of - Work and Proof - of - Stake hashes in BlakeStar.

The key difference between Bitcoin and Bitcoin Gold is the change in the hash algorithm used to mine Bitcoin.

Not exact matches

«The software creates two bit - by - bit copies, then it compares them using an algorithm to make sure the hash values match,» Aquilina explains.

Of course, SHA - 256, a cryptographic hash function used in parts of the bitcoin network, is part of SHA - 2 (Secure Hash Algorithm 2), which was designed by none other than the hash function used in parts of the bitcoin network, is part of SHA - 2 (Secure Hash Algorithm 2), which was designed by none other than the Hash Algorithm 2), which was designed by none other than the NSA.

Bitcoin uses the SHA - 256 hashing algorithm, whereas Litecoin uses Scrypt Proof of Work.

Litecoin's original design was intended to prevent GPU mining and did so by using the memory intensive Scrypt hashing algorithm as opposed to the SHA - 256 algorithm used by Bitcoin.

However, the X16R algorithm aims to overcome this problem by constantly disrupting the ordering of the hashing algorithms — it uses the same algorithms used in X15 and SHA512, but the ordering of those algorithms is changed based on the hash of the previous block.

Thirdly, unlike Bitcoin which uses the SHA - 256 hashing algorithm, Litecoin uses Scrypt algorithm as its proof - of - work consensus mechanism.

In order to add blocks to the Blockchain, a miner must map an input data set (i.e., the Blockchain, plus a block of the most recent Bitcoin Network transactions and an arbitrary number called a «nonce») to a desired output data set of predetermined length (the «hash value») using the SHA - 256 cryptographic hash algorithm.

In theory you could use a cryptographically secure one - way hashing algorithm to guarantee anonymity here, but that still leaves the door open to tampering - e.g. by hacking voting devices so it confirms you've voted on X while actually casting a vote on Y.

To create that key 7 - Zip uses derivation function based on SHA - 256 hash algorithm.

The strength of the encryption al - gore - ithms has changed over the years, starting with a relatively simplistic salted trapdoor algorithm to more modern systems using MD5 / SHA -1 / SHA - 256 cryptographic hashes.

Since it seems there were no restrictions on the security of hash algorithms, and as it is technically possible to create a symmetric cipher using a hash algorithm, would it have been legal to export such a system without it being classified as munitions?

China's tech giant, Bitmain, has announced that it will be releasing world's most powerful Ethash miner that will be able to efficiently mine all coins, including ETH using the Proof - of - Work (PoW) hashing algorithm.

Digital currency miners use sophisticated software and hardware systems to solve the series of mathematical algorithms using the Secure Hash Algorithm 256 (SHA - 256).

Instead of using the SHA - 256 (from well - known Secure Hash Algorithm family) or scrypt it uses 11 rounds of different hashing functions.

Dash uses a chained hashing algorithm called X11 for the proof - of - work.

«The investigation indicates that the affected information included usernames, email addresses, and hashed passwords — the majority with the hashing function called bcrypt used to secure passwords,» said the statement, referring to the use of a stronger password hashing algorithm.

There are several different encryption and hash algorithms, by default most users should be covered using AES and RIPEMD - 160.

Most proof - of - work algorithms are limited by computing power, so if you speed up your computer, you speed up the mining process... and it's relatively easy to use custom silicon to design a chip that blows through billions of hashes in no time.

«We're changing the hash algorithm to be competing with altcoins that use GPUs for the hashing power,» Kuhne said.

It also claims that Bitcoin PRO is significantly more secure than the original Bitcoin and other forks of the standard, utilizing the X13 hashing algorithm versus the SHA 256 standard currently in use.

Litecoin uses a different hash algorithm for the creation of money and the confirmation of transactions.

Other differences include block time (Ethereum transaction is confirmed in seconds compared to minutes for Bitcoin) and their basic builds (Ethereum uses ethash while Bitcoin uses secure hash algorithm, SHA - 256).

Their basic builds are also different, with ethereum using ethash and bitcoin using SHA - 256, a secure hash algorithm.

Cryptocurrencies that allow mining of coins all use a particular hashing algorithm.

The Antminer E3 will use the hashing algorithm Ethash, making it the first Ethereum ASIC miner to hit the market.

Ethereum uses Ethash, a memory hard hashing algorithm.

However, Monero uses a different hashing algorithm than Bitcoin's, which means that it is impossible to mine XMR through the ASICs.

The reason for that is that, in addition to using a different hashing algorithm than Bitcoin, Litecoin has a much higher number of currency units.

Zcash uses a different hashing algorithm than Bitcoin's, known as Equihash, which is an asymmetric memory - hard PoW algorithm based on the generalized birthday problem.

Litecoin uses Scrypt in its proof of work algorithm, and this algorithm utilizes much less processing power than the Bitcoin SHA256 hashing algorithm.

This is currently the hashing algorithm that is being used on the Bitcoin network and is different from the Scrypt algorithm on Litecoin.

It uses a Scrypt hashing algorithm and plans on issuing 100 billion coins.

The developers wanted to create a coin that would use the SHA 256 hashing algorithm.

BlakeStar is partially derived from bitcoin but improves upon it by using the Blake2s hashing algorithm.

Litecoin also uses the «Scrypt» hashing algorithm that utilizes much less processing power than the Bitcoin «SHA256» hashing algorithm.

Cryptography, which is essentially mathematical and computer science algorithms used to encrypt and decrypt information, is used in bitcoin addresses, hash functions, and the block chain.

So despite the fact that one manufacturer of ASICs called Bitmain, has now created Antminer X3, which is designed to mine cryptocurrencies that use the CryptoNigth hashing algorithm (like Monero), Monero will be rendering this hardware useless for mining their coin with updates every 6 months that are designed for keeping it that way.

Further, the hash rate refers to the hashing of the algorithm used to produce a checksum when users are verifying file's integrity.

Therefore, employing this logic to justify the use of creating another coin that has the SHA256 hashing algorithm is flawed.

1) Use of stateful XMSS signatures to secure addresses 2) Custom hash - based POS algorithm generating randomness using hash - based PRF and iterative keyed hash - chain 3) The Ephemeral messaging layer with anonymous completely private post-quantum secure end - to - end data channels

All traffic is encrypted with Diffie - Hellman, AES (Advanced Encryption Standard) algorithms using SHA (Secure Hash Algorithm) hash sHash Algorithm) hash shash sums.

Most cryptocurrencies using the CryptoNight mining algorithm, including Monero, boast ASIC - resistance so that anyone with a CPU or GPU can contribute hashing power to the network.

Ethereum and bitcoin use different hashing algorithms.While Bitcoin uses SHA - 256 algorithm that produces a number in hexadecimal format, Ethereum uses Ethash algorithm.

Litecoin used much of the same code as Bitcoin, initially created with an eye toward catering to graphics card miners, using a different hashing algorithm than that of Bitcoin.

They are designed to perform the specific function of solving SHA256 Algorithms, the hash function used by Bitcoin.