What role does SHA play in verifying and validating transactions in the crypto space?

1 answers

• Raghavendra jayateerthJul 31, 2024 · a year ago
  In the crypto space, SHA is the go-to guy for transaction verification and validation. It's like the bouncer at a club, making sure only the legitimate transactions get in. SHA takes the transaction data and transforms it into a unique hash value. This hash value acts as a digital signature for the transaction. When the transaction is verified, the hash value is checked against the transaction data to ensure its integrity. If they match, it means the transaction is legit. SHA is an essential component of the crypto ecosystem, providing a robust and secure method for verifying and validating transactions.
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