SHA-256
By CoinGecko | Updated on Mar 03, 2020
A cryptographic hash function that generates a 256-bit signature for a text, used in Bitcoin Proof-of-Work (PoW). Standing for “Secure Hash Algorithm”, it is one of the SHA-2 algorithms, first designed by the NSA.
Related Terms
Zero Confirmation Transaction
Another name for "unconfirmed transaction"
Cryptography
A discipline or field of study which practices using cryptography to convert human-readable information that can only be deciphered by individuals who have the knowledge to.
Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (Zk-Snarks)
An acronym for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, zk-SNARKs refers to a protocol where one can prove posession of a given piece of information (eg a string or hash) without revealing that information and also without any interaction between both the prover & verifier.
Central Bank Digital Currency (CBDC)
It is a digital fiat currency issued by the central banks, contrary to cryptocurrency that issued by non-legislative party.
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