Is there an algorithm for crypto?

Cryptocurrencies makes use of different algorithms named as hashing algorithms . By the way, Hash is a “message digest” -a number generated from a string of text, the hash itself is smaller than the text, it’s almost impossible to generate another string of text with the same hash value.

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Is Binance safe to use?

Binance has been mostly safe for people’s information and funds , and the fact that they covered the losses themselves says a lot about them. On top of that, according to Zhao, the transaction was only around 2% of the total Bitcoin holdings of Binance. They ordered a “thorough security review” as well.

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