Hashing In Blockchain — Blockchain’s Security Backbone

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Hashing In Blockchain

Ever wondered how information on a blockchain stays safe and can’t be messed with, even without one big boss in charge? Well, it’s all thanks to something called hashing in blockchain, a really powerful tool in the world of secret codes.

Think of a world where trust is super important, but having one person or group in charge of everything isn’t cool. That’s what blockchain is all about — it’s like a special kind of record book (distributed ledger system) that everyone can see, but no one person controls. But how does it keep all the info safe and sound without a boss calling the shots? That’s where hashing comes in — it’s like the secret hero that keeps everything secure.

In this article, we’re going to explore the cool world of hashing and see how it keeps blockchain technology safe and sound. We’ll start by learning what hashing is and why it’s so awesome, then we’ll see how it works in the world of blockchain.

Let’s Get Started….

What is Hashing in Blockchain? 🤔

Hashing in blockchain is a critical process within blockchain technology, serving to secure transactions and maintain data integrity. It is like putting your secret message through a special machine. This machine takes your message and spits out a unique code, kind of like a secret password. This code is called a “hash.”

Once your message has its hash, it’s locked in tight. Nobody can change it without everyone knowing. It’s like sealing your message in an unbreakable box!

So, hashing is super important for keeping blockchain safe. It makes sure that all the info stored in it stays secure and can’t be messed with.

Types of Hash Functions in Blockchain👇

There are different types of hash functions in blockchain, each with its own special features and uses. Here are some commonly used ones in blockchain:

1️⃣SHA-256 (Secure Hash Algorithm 256-bit):

SHA-256 is the superhero of security in blockchain. It’s really good at making sure that data stays safe and unique. With its super-strong 256-bit code, it’s like having a fortress protecting your information. Imagine it as a digital guardian that keeps watch over your data, ensuring that no one can tamper with it without leaving a trace.

2️⃣MD5 (Message Digest Algorithm 5):

MD5 used to be popular, but it’s not as safe as it used to be. It’s like an old lock that’s starting to rust — it’s still there, but it’s not the best choice for keeping things secure anymore. Think of it as an outdated security system that needs an upgrade to keep up with modern threats.

3️⃣RIPEMD-160 (RACE Integrity Primitives Evaluation Message Digest 160):

This one’s often used in blockchain for making special codes called addresses, especially for cryptocurrencies. It’s like having a secret passcode for your digital money. Imagine it as a digital safe where you store your cryptocurrency, protected by a unique code that only you have access to.

4️⃣CRC32 (Cyclic Redundancy Check 32-bit):

Unlike the others, CRC32 isn’t used for super-secure stuff. Instead, it’s like a tool for checking if data is correct or if there are any mistakes. It’s like a spellchecker for information, ensuring that everything is in order and there are no errors. While it’s not designed for high-security applications, it’s invaluable for ensuring data accuracy in various contexts.

5️⃣Tiger Algorithm:

The Tiger Algorithm is known for being quick and easy to use. While it might not be the strongest, it gets the job done fast. It’s like having a fast car for a quick getaway — not the fanciest, but it gets you where you need to go in a hurry. Think of it as a reliable workhorse that delivers speedy results when you need them most.

How Does Blockchain Hash Work? 🤔

How Does Blockchain Hash Work
How Does Blockchain Hash Work?

In blockchain, hashing is like putting data through a special machine to turn it into a unique code. When new data gets added to a block, it’s hashed along with some other stuff. To understand this there are multiple steps:

👉 Step 1: Data Goes into the Vault (Hash Function)

Let’s imagine your data, like a transaction record, as your treasure. The first step is like putting this into a special vault called a hash function. This vault uses its smart algorithms to process the data.

👉 Step 2: A Unique Fingerprint Appears (Hash Generation)

Just like a vault keeps things safe, the hash function creates a unique fingerprint for your data. This fingerprint, or hash, is a special code made up of letters and numbers. Even a tiny change in your original data will create a completely different hash.

👉 Step 3: Adding to the Chain (Putting the hash in a block)

Now, imagine putting your treasure chest (the data) and its unique fingerprint (the hash) into a safe box called a block. This block also has other important information, like when the data was added and where it came from.

👉 Step 4: Connecting the Blocks (Linking with previous hash)

But the story doesn’t stop there. To make a chain that’s hard to mess with, each block not only has its own data and hash but also includes the hash from the previous block. This links all the blocks together like a chain, with each one protecting the one before it.

👉 Step 5: Detecting Changes (Spotting tampering)

Imagine someone trying to mess with one of the chests in the chain (changing the data). This would not only change what’s inside the chest (the data) but also its unique fingerprint (the hash). Since each block has the hash from the block before it, any change will set off an alarm down the chain, letting everyone know something fishy is going on.

Which Hash is Used in Blockchain?

📌 The answer is SHA-256, or Secure Hash Algorithm 256, because it keeps data safe in blockchain. It’s known for being strong and hard to crack.

When it creates a hash, it makes a code that’s 256 bits long (which is like 32 bytes), making it really secure and unlikely for two different pieces of data to make the same code.

Unlike some other methods like MD5, which have shown weaknesses, SHA-256 is a reliable choice for protecting important data in blockchain. While there are other ways to create these codes, SHA-256 is popular because it strikes a good balance between being secure, fast, and well-known.

It’s worth noting that no security measure is perfect, and SHA-256 isn’t invincible either. But for now, it’s really tough for anyone to break through its defenses, making it a trusted tool for keeping blockchain data safe.

What are the Benefits of Hashing?🤔

Hashing adds layers of security to blockchain. It creates unique “fingerprints” called hashes for data, making any changes easy to spot. This keeps data safe from being tampered with. In blockchain, each block refers back to the previous block’s hash, making data change-resistant. Trying to change data would mess up the whole chain, making it almost impossible.

Also, checking hashes is much quicker than checking all the data, which makes transactions happen faster. Plus, hashing keeps data private, even if someone gets hold of the hashes. In simple terms, hashing keeps data safe, speeds up processes, and boosts blockchain security overall.

Conclusion

In simple terms, hashing as the super glue that holds blockchain together. It makes sure everything stays safe and in place. With hashing, blockchain keeps data safe, stops it from changing, and makes sure it’s all correct.

📢 As blockchain gets better and better, hashing will always be there, keeping everything safe and working smoothly.

So, whether it’s buying stuff online or keeping track of important stuff, hashing in blockchain will make sure everything stays secure and reliable.

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Akshay Kumar - Web3 Marketing | Blockchain Growth

Specialized in Web3 Marketing | Blockchain Growth strategies for the evolving digital landscape.