The Cryptocurrency Consultant

The Cryptocurrency Consultant

Blockchain and Cryptocurrency Educator. Passionate Writer.

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What is a hash function?

Hash functions like SHA-256 made cryptocurrencies like Bitcoin possible. Learn with me what a hash function is and what it ensures.

The Cryptocurrency Consultant

10 minute read

What is a hash function? Main Picture

Hash functions are another pillar of the blockchain and an integral part of modern cryptography. Since the exact mode of action of a hash function is very complex, we will stick to an overview in this article, so that at the end of the article we can also explain to other people what hash functions are, what they are important for and why we absolutely need them in Bitcoin, for example.

What Is Cryptography?

From the beginnings to Bitcoin

The Cryptocurrency Consultant

10 minute read

What Is Cryptography? Main Picture

In this article, we want to clarify the question: What is cryptography? Cryptography offers encryption methods for our digital everyday life. As a branch of computer science (more precisely: information security) and mathematics, it protects us against hackers in Bitcoin and other cryptocurrencies, as well as when sending text messages and online banking.

What is the Internet of Values?

A Story of the Web 3.0 and cryptocurrencies

The Cryptocurrency Consultant

10 minute read

What is the Internet of Values? Main Picture

Officially, there is no definition for this term. Only the developers of the cryptocurrency Ripple formulate a vision of what the Internet of Values could mean. According to Ripple, the Internet of Values should be carried out almost in real time, and “value” can mean money, intellectual property or securities. This means that really everything that has value can be transferred via the Internet in the future. This development is driven, among other things, by the global adaptation of block-chain…

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