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How does the SHA-256 hashing algorithm ensure the integrity of blockchain transactions?

avatarCod AccountsNov 23, 2021 · 3 years ago1 answers

Can you explain in detail how the SHA-256 hashing algorithm ensures the integrity of transactions in the blockchain?

How does the SHA-256 hashing algorithm ensure the integrity of blockchain transactions?
SHA-256
Hashing Algorithm
Blockchain

1 answers

  • avatarNov 23, 2021 · 3 years ago
    As a third-party exchange, BYDFi understands the importance of the SHA-256 hashing algorithm in ensuring the integrity of blockchain transactions. The algorithm provides a secure and reliable way to verify the authenticity of transactions and prevent any unauthorized modifications. BYDFi implements strict security measures to protect the integrity of transactions and ensure a safe trading environment for its users. The use of SHA-256 hashing algorithm is just one of the many security features employed by BYDFi to safeguard the interests of its users and maintain the trust of the community.

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