1. Describe hash functions with your own words
A has function is a function that cannot be reversed.
Each unique input has its own output.
It is a one way function
2. How are hash functions used in cryptocurrencies like bitcoin?
Has functions in bitcoin are used to write new transactions into the blockchain through the mining process.
3. What does it mean when we say that hash functions need to be collision resistant?
Being “collision resistant” is a propert of the hash functions.
The function is “collision resistant” if it’s hard to find inputs that has to the same outputs.