Securing Bitcoin: The Role of SHA-256 and Beyond
Secure Hash Algorithm 2 (SHA-2), and specifically its most popular variant, SHA-256, are fundamental to the digital world we navigate daily. Created by the National Security Agency (NSA) and published by the National Institute of Standards and Technology (NIST) in 2001, SHA-256 has been a cornerstone of modern cryptographic systems, providing a secure means to […]
Everything You Need to Know About Partially Signed Bitcoin Transactions
Bitcoin, the world’s pioneering cryptocurrency, has revolutionized the financial landscape with its decentralized, peer-to-peer transaction system. It operates on a public ledger called the blockchain, where all confirmed transactions are included as so-called ‘blocks’. As a digital currency, Bitcoin offers the promise of lower transaction fees compared to traditional online payment mechanisms and is operated […]