SHA-256

DeFi

SHA-256, which stands for Secure Hashing Algorithm 256, is a method used to turn any data into a fixed 64-character string. It is a one-way process, meaning you can't reverse it to get the original data back. This algorithm is part of a group called SHA-2 and is commonly used in cryptocurrencies for security.

Definition
SHA-256, which stands for Secure Hashing Algorithm 256, is a method used to turn any data into a fixed 64-character string. It is a one-way process, meaning you can't reverse it to get the original data back. This algorithm is part of a group called SHA-2 and is commonly used in cryptocurrencies for security.

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