How does hashing work in blockchain?
An example of an AI chatbot conversation about how hashing secures blockchain data.
Can you explain how hashing works in blockchain?
Sure! Hashing in blockchain is a process that transforms input data into a fixed-size string of characters, which is unique to that data.
What is the purpose of hashing in blockchain?
Hashing ensures data integrity and security by creating a unique identifier for each block, making it tamper-proof.
How does hashing prevent fraud in blockchain?
If someone tries to alter a block, the hash changes, which would break the chain and alert the network to the fraud.
Can you give an example of a hashing algorithm used in blockchain?
Certainly! One common hashing algorithm used in blockchain is SHA-256, which is used in Bitcoin.
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