CryptoCurrency Hash Types

CryptoCurrency Hash Types

What is Cryptocurrency?

According to wikipedia:

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.[1][2][3] Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.

If you are not familiar with this concept, then embrace the learning path. This Video has a good overview.

Also wikipedia is a entrance of the rabbit hole 🙂

What is Hash?

Again, referring back to Wikipedia:

A hash function is any function that can be used to map data of arbitrary size to data of fixed size. The values returned by a hash function are called hash values, hash codes, digests, or simply hashes. An example is finding similar stretches in DNA sequences. They are also useful in cryptography. A cryptographic hash function allows one to easily verify that some input data maps to a given hash value, but if the input data is unknown, it is deliberately difficult to reconstruct it (or equivalent alternatives) by knowing the stored hash value.

A Work in Progress Table

# Hash Name Currency Total Possible Website Block Explorer
1 SHA256 Bitcoin 12M
2 Scrypt Litecoin 84M http://www.litecoin.org  http://explorer.litecoin.net/chain/Litecoin
3 X11 Dash 400M http://www.dashpay.io/  https://chainz.cryptoid.info/drk/
4 Scrypt Verge ? https://vergecurrency.com/ https://prohashing.com/explorer/Verge/

I will add more info as time goes by, and also provide a public api for you to use in your excel sheet, or nodejs app.