DogeMD

DogeMD

In this blog I will try to explain fundamental concepts of blockchain technology and cryptocurrencies in an interactive manner, such that you really understand what's going on under the hood.


Moneros RandomX - how to get rid of those pesky ASICs

16 Jun 2021 3 minute read 0 comments DogeMD

ASIC miners are everywhere these days and might pose a problem when it comes to decentralization. As more ASICs join the mining community, a lot of regular household miners are disincentivized and shut down their mining programs.  The Monero communit...

How does SHA-256, the hashing function behind bitcoin, actually work?

14 Jun 2021 4 minute read 1 comment DogeMD

Let's talk about hashing functions, and specifically about how SHA-256, the hashing algorithm used in bitcoin, works. The name SHA stands for secure hashing algorithm, and SHA-256 was developed by the NSA and first published in 2001. It is based on t...