Open In App

Blockchain Hash Function

A hash function is a mathematical function that takes an input string of any length and converts it to a fixed-length output string. The fixed-length output is known as the hash value. To be cryptographically secure and useful, a hash function should have the following properties:

How do Hash Functions work?

The hash function takes the input of variable lengths and returns outputs of fixed lengths. In cryptographic hash functions, the transactions are taken as inputs and the hash algorithm gives an output of a fixed size. 



The below diagram shows how hashes work.

 



Types of Cryptographic Hash Functions

There are several different classes of hash functions. Some of the popular classes are:

1. RACE Integrity Primitives Evaluation Message Digest (RIPEMD): This set includes RIPEMD, RIPEMD-128, RIPEMD-160, RIPEMD-256, RIPEMD-320. 

2. Message-Digest Algorithm: This family comprises hash functions MD2, MD4, MD5, and MD6. 

3. BLAKE2: It was announced on December 21, 2012.BLAKE2 is a cryptographic hash function based on BLAKE, designed with the aim to replace MD5 and SHA-1 algorithms in applications requiring high performance in software. It provides better security than SHA-2 and is similar to that of SHS-3. It provides the following features:

4. BLAKE3: It was announced on January 9, 2020. BLAKE3 is a cryptographic function based on Bao and BLAKE2. It is a few times faster than BLAKE2. This algorithm provides many features like parallelism, XOF, KDF, etc.

5. Whirlpool: It is a cryptographic hash function, first described in 2000. It is a modified version of the Advanced Encryption Standard (AES). Whirlpool produces a hash of 512 bits.

6. Secure Hashing Algorithm:  The family of SHA comprises four SHA algorithms: SHA-0, SHA-1, SHA-2, and SHA-3

Uses of Hash Functions in Blockchain

The blockchain has a number of different uses for hash functions. Some of the most common uses of the hash function in blockchain are:

Thus, it can be concluded hash functions are a vital part of the blockchain technology used to protect the integrity and immutability of the data stored on the blockchain. 

Article Tags :