A hash is a function that takes an input of any size and produces an output of a fixed size. Hashes are used in Bitcoin to create a digital fingerprint of a transaction or block. This fingerprint is used to secure the Bitcoin network and prevent double spending. What does a hash mean in Bitcoin? […]
What Hash Does Ethereum Use
What hash does Ethereum use? Ethereum is a blockchain-based platform that uses a unique hashing algorithm called Ethash. Ethash is a memory-hard algorithm that requires a lot of memory to compute. This makes it difficult for miners to use ASICs to mine Ethereum. Instead, Ethereum miners use graphics cards (GPUs) to mine Ethereum. This makes […]
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