Understanding Hashing in Blockchain Technology

Get Certified in Blockchain Technology. Both tech and Non-Tech can apply! 10% off on Blockchain Certifications. Use Coupon Code - blockchain10 ➡️ https://bit.ly/3VvzqSN One of the key features of blockchain technology is being able to record large amounts of data in a compact form, and linking these pieces of information to one another in a chain. These ties ensure the immutability of the network, as changes in any element would reflect on the full chain. The cornerstone of this function is only possible due to something which we all call blockchain hashing. Hashing is blockchain is quite a crucial concept and plays a vital role in applications like cryptocurrencies, this video will help you understand what is hashing in blockchain, its importance & how blockchain hashing works. Video Walkthrough, 0:00 Introduction 0:12 What is Hashing in Blockchain 0:23 Blockchain Hashing vs Encryption 0:34 Cryptocurrency Example 0:53 Secure Hashing Algorithm 256 (or SHA 256) 1:44 Characteristics of Cryptographic Hash Functions 2:52 How Blockchain Hashing Works 3:54 Blockchain and Hashing 4:54 What is Hashrate in Blockchain 5:09 Conclusion Recommended Videos, What is Tokenomics Explained | Tokenomics 101: Everything You Need To Know https://www.youtube.com/watch?v=38CQ6l5bxEI Blockchain vs Hashgraph vs DAG vs Holochain | Types of DLT Explained https://www.youtube.com/watch?v=JjMWrXqsrUs What is Forking in Blockchain | Blockchain Forking Explained https://www.youtube.com/watch?v=YSKC_8N_ABM Blockchain Prerequisites | Blockchain Learning Path to Kickstart Your Journey https://www.youtube.com/watch?v=SP9UGROYE5E 28+ Important Blockchain Terms Explained | Blockchain Terminology https://www.youtube.com/watch?v=-VwTgmaNa2g 7 Skills Needed to Become a Blockchain Developer https://www.youtube.com/watch?v=x9l3y0cdpuU Introduction to Cryptography in Blockchain (Explained) https://www.youtube.com/watch?v=QUG-T3E05P4 What is Blockchain Technology and How Does it Work https://www.youtube.com/watch?v=KA_wOqYc1zo Blockchain Career Path with Salaries | How to Start Career in Blockchain https://www.youtube.com/watch?v=tk59LlehxBM Blockchain Protocol Explained | Top 5 Enterprise Blockchain Protocols You Need to Know https://www.youtube.com/watch?v=PwxcdKDfsPY Got feedback on this video? Feel free to share your views in the comment section below. Let's get social! https://twitter.com/brandlitic https://www.instagram.com/brandlitic https://www.facebook.com/brandlitic #Blockchain #Hashing #BlockchainHashing #BlockchainDeveloper #WhiteboardProgramming #BlockchainTechnology #LearnBlockchain #Crypto #Cryptocurrency