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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.

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Related Terms

Decryption
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
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A communication protocol that does not require a central hub
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
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Shorthand for "Test Network", testnets are staging areas for experimenting new blockchain features.
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