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May 31, 2020

Cosmos - ATOM

Cosmos is a Cryptocurrency project which: in kind of a broad sense, Cosmos declares itself a campaign that tackles several of the Cryptocurrency sector's "greatest challenges." It seeks to bring a remedy to "slow, costly, collaboratively to achieve and energy intensive" proof-of-work protocols, such as those used by Bitcoin, by providing an ecosphere of linked blockchains.

Due to a flexible architecture that is going to be made distributed applications, the proposal's of Cosmos other aims are creating Blockchain Technology less confusing and less hard for programmers. Next, a standard for Interblockchain communication allows it simpler for blockchain systems to interact with one another, avoiding market splitting.

Image of Cosmos Logo
Cosmos Logo

Cosmos is considered to be "Blockchain 3.0"

Ticker Symbol for Cosmos in Crypto markets is "ATOM"

ATOM coins were related by Cosmos to that same ASICs which have been used by miners for Mining the Bitcoins. This is a bit of virtualized hardware or financial powerhouse that we should acquire in opportunity to involve as a holder in the network," like a scientific piece of paper published by the Tendermint online community.

Here is a Live Chart of Trading rates for Buying and Selling ATOM:


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May 13, 2020

SHA 256 Algorithm usage in Bitcoin Mining

SHA stands for Secure Hash Algorithm. 256 represents the number of bits of size in memory occupied by a hash generated by SHA 256 Algorithm.

SHA 256 is a hash function in Cryptography field that is used in Mining of Bitcoins.

The output of hash function will be a sting of 64 characters long. All the characters are hexadecimal.

Not only in Cryptocurrency field, SHA 256 can be used in many other use cases for uniquely identifying any document or file  or any text.

The hash value will be same for same files or same text every time we use them.

5 Attributes of Secure Hash Algorithm:

One Way - Using the output Hash, we couldn't generate the original text.

Deterministic - Same hash should be generated for same original text everytime.

Fast Computation - Hash should be generated very swiftly without time delay

Avalance Effect - Even the slightest change in original input text should result in drastic change in output hash.

Must Withstand Collisions - Same hash should not be generated for two different inputs.


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