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Results tagged with hash
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user 5837
A hash is the output of a hash function, a function which is a mathematically reproducible but irreversible process that takes in an arbitrary length input and produces a fixed length output. The same input will always result in the same output. Hashing is central to Bitcoin mining as well as the generation of Bitcoin addresses.
2
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Accepted
Are transactions still tamper-proof if blocks are hashed without nonces?
Ripple is an example that works without proof of work nor proof of stake (so no nonce needed). This mechanism is more vulnerable to sybil attacks, so it needs strong peer identity knowledge (but not t …
- 186
11
votes
How many hashes create one Bitcoin?
These charts show the approximate network hash rate on the left axis:
http://bitcoin.sipa.be/
We know the network adjusts for 25 new bitcoins per 10 minutes. … Together this provides enough info to give an approximate answer to your question:
hashes per bitcoin
= (network hash rate) / (25 BTC per 10 minutes)
= (180 * Th / s) / (25 * BTC / (600 * s) )
= 180 …
- 186