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Hash

By CoinGecko | Updated on Mar 03, 2020
Term used to refer to ‘summary functions or hash functions’. Technically a hash function is an output code (unique and alphanumeric) that we obtain from an input string, which allows us to know if the original string has been altered. It is produced from algorithm and ensure the input in encrypted.

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Related Terms

Hard cap
The maximum amount that an ICO will be raising.
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Decentralized applications (dApps)
Applications that run on decentralized peer-to-peer networks such as Ethereum.
Merkle Tree
A Merkle tree is also known as a hash tree in cryptography. It is a tree where every lead node is labelled with cryptographic hash of a data block, and every non-leaf node is labelled with the hash of the labels of its child nodes. It is used to verify of data stored within it and transferable in and between computers.
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