1.sha 256 algorithm
- Virtually impossible computations. It’s hard to brute force as each input has it’s own Hash.
1.sha 256 algorithm
1- SHA256: Secure Hashing Algorithm
2- Determining the original input from the hash is almost impossible because for someone to find out would have to take a guess and hash that guess. Then see if it’s the same as the hash of the original input he/she was trying to find out. In average, that would take the person around 2^127 times. That’s a huge number!
What is the hashing algorithm called used in Bitcoin?
SHA-256
Why is this hashing algorithm really hard (almost impossible) to brute-force?
Because it is a one-way function where the output length is the same no matter the size of the inputs.
1. What is the hashing algorithm called used in Bitcoin?
2. Why is this hashing algorithm really hard (almost impossible) to brute-force?
bitcoin uses SHA 256
Because it would take to long
The algorithm is SHA-256 (256 bit Secure Hash Algorithm), which always produces a 64-byte hexadecimal character string regardless of the size of the input text.
The algorithm is almost impossible to brute-force because while the hash algorithm is deterministic (the same input always produces the same hash), it is impossible to work backwards and get the original input by decoding the hash. The only method available for finding the original input is by using the brute-force method, which means creating a random input, hashing it, comparing the output with the target hash and repeating it until you find a match.
There is an infinitesimally small probability that someone might generate an input that produces the same hash as the target hash. Since the hash is 64 characters with each character having one of 16 possible values, that means there is a total of 16^64 = 1.16x10^77 hashes. While this is a large number, it is still finite, while the number of possible inputs is infinite… This means there’s a small chance that 2 different inputs from a pool of infinite possibilities might produce the same hash. Because of this, there is no guarantee that a randomly generated input will match the original input.
A good cryptographic hash function meets the following requirements:
SHA256 meets all of these conditions, which makes it ideal for making Bitcoin addresses and transactions secure.
1)sha-256
2)there are too many possibilities out there (reminds me of playing lotto, just even more difficult with many more possibilities: extremely difficult to win with all the numbers right - and if you do, it was pure luck)
SHA-256
Because one change in the input results in a huge change in the hash, so if you were randomly typing in hashes, the output would also pretty much be random. And because there is only one hash (without any crashes) you will be tryinig forever to guess the right one.
SHA-256
The sheer number of possible hashes makes stumbling upon a random input that matches a hash nearly impossible (when you have high min-entropy). Pre-image resistance.
SHA256
Computational possibilities are very highly and highly infeasible as it will lot of effort and resources.