Algorithm

Cryptos:

2,117

Exchanges:

10

Marketcap:

$2,167,403,761,749

Volume 24h:

$40,657,416,778

BLAKE-256

Rank #47

2

$337,336,794

1

0

Winners (undefined)%

24H

Losers (undefined)%

Rank

47

Assets

1

Marketcap

$337,336,794

Volume 24h

$1,298,054

Winners

1

Overview
Assets

$337,336,794

Marketcap

$1,298,054

Volume

47

Rank

1

Winners

0

Losers

2.75

%

Change 24h

11.15

%

Change 7d

1H

-0.930

%

1D

2.75

%

1W

11.15

%

1M

-17.15

%

2M

17.30

%

3M

40.30

%

6M

78.45

%

1Y

35.83

%

About BLAKE-256

BLAKE-256 is an influential cryptographic hash function, celebrated for its speed, security, and simplicity. It emerged as part of the BLAKE family of cryptographic algorithms that have been developed over the years to optimize data security. These hash functions are built on the HAIFA structure and incorporate primitive operations of the ChaCha stream cipher, a component highly regarded for its efficiency and security.

The '256' in BLAKE-256 refers to the length of the hash output, which is 256 bits. This length provides a high level of security, making it significantly challenging for any potential adversary to generate the same hash output (collision resistance) or determine the original input based on the hash output (preimage and second preimage resistance).

One defining characteristic of BLAKE-256 is its speed. In the context of rapidly evolving digital environments where large volumes of data need to be processed swiftly, speed is of paramount importance. BLAKE-256 shines in this aspect, providing excellent performance across various computing platforms, from low-capacity embedded systems to high-performance multi-core servers.

Furthermore, BLAKE-256 also offers strong resistance against various cryptanalytic attacks. The security of a hash function is assessed based on its ability to withstand collision, preimage, and second preimage attacks. BLAKE-256 has been designed to resist all these attacks, enhancing its reliability in cryptographic applications.

Another pivotal strength of BLAKE-256 lies in its simplicity. The algorithm is designed to be easy to implement in code, reducing potential error incidence. Simpler designs often translate to fewer vulnerabilities, and this holds true for BLAKE-256. It strikes a careful balance between speed, security, and simplicity, making it an exemplary choice for many applications in cryptography.

In summary, the BLAKE-256 hash function represents a significant stride in cryptography, providing a robust, efficient, and straightforward tool for maintaining data integrity and security in various applications. Its exceptional balance of key qualities propels its widespread usage and influence in the field.