Cryptocurrency Hashing Algorithms 2019
Cryptocurrency algorithm or hashing algorithm u2013 is a mechanism that encrypts virtual currency or digital currency. Some algorithms can be used in multiple cryptocurrencies because the number of cryptocurrencies today exceeds the number of existing algorithms. Miners decrypt this algorithm (seek hash). If the decryption is successful the new block is generated. This block stores records about transactions carried out in the system and the cryptocurrency blockchain expands. As a result, miners provide blockchainu2019s work and get rewards. Algorithm decryption turns the body of random data into a primary succession of data that grants cryptocurrency operation. The result of computing operations that miners carry out is called hash. Explore more from here - https://bit.ly/2Xmrbqs
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