📝 The hash function is a deterministic function, the input of which is a string of bits of #arbitrary length, and the output is always a bit string of a fixed length n.
⠀
🔰 Properties that should be inherent in #cryptographic hash functions:
1. Resistance to the search for the first #prototype - absence effective polynomial algorithm for computing the inverse function.
2. Resistance to the search for the second prototype (collisions first kind).
3. Resistance to collisions (collisions of the second kind)
The resistance of the hash function to collisions means that there is no #effective polynomial algorithm to find collisions.
⠀
〽️ SHA1 is a hash algorithm created by the National #Security Agency (NSA). The #SHA1 hash algorithm is commonly used in security and data integrity applications. SHA-1 was established in 1995 as the successor to SHA-0. SHA1 is a message hashing or digest algorithm where it generates a 160-bit unique value from the input. The size of the input does not matter, because SHA1 always generates a message hash of the same size, which is 160 bits. This may seem very confusing, but the algorithm is just for that.
⠀
📊 Hash algorithms specified in this standard are called #safe because it is impossible to calculate the following according to a given algorithm: 1) restore a message using a specific message digest, or 2) find two different messages that have the same message digest (find a collision). Any changes in the message are very likely to result in different hash values. This property is useful when creating and verifying digital signatures, when #authenticating messages, and when creating random numbers.
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♻️ Each #algorithm consists of two stages: preprocessing and hash calculation. Pre-processing includes message padding, splitting the padded message into M-bit #blocks, and setting the initialization values used to calculate the hash. The calculation of the hash is iterative, processing each M-bit block of the augmented message, and uses functions, constants, and word operations to obtain a hash value. The result of the hash calculation procedure is a message digest.
⠀
💠 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗵𝗮𝘀𝗵𝗶𝗻𝗴 𝗺𝗲𝗰𝗵𝗮𝗻𝗶𝘀𝗺
Relictum Pro is a supplemented modification of SHA1-based #hashing mathematics. The main advantage of it is in converting from 20 bytes to 32 bytes (in your own hash). This gives a high crypto-stability, including from a promising #quantum computer.
🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno
⠀
🔰 Properties that should be inherent in #cryptographic hash functions:
1. Resistance to the search for the first #prototype - absence effective polynomial algorithm for computing the inverse function.
2. Resistance to the search for the second prototype (collisions first kind).
3. Resistance to collisions (collisions of the second kind)
The resistance of the hash function to collisions means that there is no #effective polynomial algorithm to find collisions.
⠀
〽️ SHA1 is a hash algorithm created by the National #Security Agency (NSA). The #SHA1 hash algorithm is commonly used in security and data integrity applications. SHA-1 was established in 1995 as the successor to SHA-0. SHA1 is a message hashing or digest algorithm where it generates a 160-bit unique value from the input. The size of the input does not matter, because SHA1 always generates a message hash of the same size, which is 160 bits. This may seem very confusing, but the algorithm is just for that.
⠀
📊 Hash algorithms specified in this standard are called #safe because it is impossible to calculate the following according to a given algorithm: 1) restore a message using a specific message digest, or 2) find two different messages that have the same message digest (find a collision). Any changes in the message are very likely to result in different hash values. This property is useful when creating and verifying digital signatures, when #authenticating messages, and when creating random numbers.
⠀
♻️ Each #algorithm consists of two stages: preprocessing and hash calculation. Pre-processing includes message padding, splitting the padded message into M-bit #blocks, and setting the initialization values used to calculate the hash. The calculation of the hash is iterative, processing each M-bit block of the augmented message, and uses functions, constants, and word operations to obtain a hash value. The result of the hash calculation procedure is a message digest.
⠀
💠 𝗥𝗲𝗹𝗶𝗰𝘁𝘂𝗺 𝗣𝗿𝗼 𝗵𝗮𝘀𝗵𝗶𝗻𝗴 𝗺𝗲𝗰𝗵𝗮𝗻𝗶𝘀𝗺
Relictum Pro is a supplemented modification of SHA1-based #hashing mathematics. The main advantage of it is in converting from 20 bytes to 32 bytes (in your own hash). This gives a high crypto-stability, including from a promising #quantum computer.
🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno
#Stablecoins are cryptocurrencies that have a stable price that is not subject to volatility like the value of traditional cryptocurrencies. This property is achieved by linking the #exchange rate of stablecoins to stable assets, for example, fiat currencies (US #dollars, euros), physical assets (oil, #gold). This makes it possible to use Stableсoin as a means of settlement in commodity-money relations, since it allows you to determine and compare prices for goods and services.
⠀
All currently available stablecoins can be divided into 𝘁𝗵𝗿𝗲𝗲 𝘁𝘆𝗽𝗲𝘀:
✔️ Stablecoins secured by traditional currencies and other #assets in a 1 to 1 ratio.
✔️ Stablecoins provided by other cryptocurrencies. Everything is the same as described above, but instead of fiat currencies and other #financial assets, such stablecoins are “tied” to top cryptocurrencies, for example, bitcoin or ether.
✔️ Stablecoins without collateral. Such #tokens have a price, which can be any, because they have no connection with something tangible.
⠀
⠀⠀𝗪𝗵𝗮𝘁 𝗶𝘀 𝗥𝗲𝗹𝗶𝗰𝘁 𝗖𝗼𝗶𝗻 (𝗥𝗟𝗖)?
Relict Coin is the coin that is not subject to external #economic and political influences, it is based on the complex mathematical #algorithm that excludes coin inflation. If you make an analogy with the world of electronic, #digitalcurrencies and assets, we can draw the following conclusions:
➖ The amount of assets on Earth — is a constant value
➖ The value of electronic, digital currencies and assets — fluctuates only with respect to each other
⠀
The project team believes that you can create a permanent, relative to the basis of all currencies, stablecoin #RLC, which would level fluctuations in the value of stable tokens with respect to each other.
⠀
⠀⠀𝗥𝗟𝗖 𝗶𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘀𝘁𝗮𝗯𝗹𝗲 𝗰𝗼𝗶𝗻
Such constancy will be expressed in the costing of dynamic-coefficient stable-coin RLC related to #global electronic, digital #currencies and assets that will be reflected on the currency fluctuation map.
⠀
⠀⠀𝗦𝘁𝗮𝗯𝗹𝗲 𝗖𝗼𝗶𝗻 𝗙𝗼𝗿𝗴𝗶𝗻𝗴
The forging model provides for two options for the emergence of coins:
◾️ 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗙𝗼𝗿𝗴𝗶𝗻𝗴 - Based on the issue of stable tokens
▫️ Since the tokenomic model of stable tokens involves charging a fee for #withdrawing assets from the RLC coin in the amount of 2%
◾️ 𝗗𝗶𝗿𝗲𝗰𝘁 𝗳𝗼𝗿𝗴𝗶𝗻𝗴 - Based on the purchase of RLC stablecoins
▫️ This is the basis for the release of stable RLC #coins
⠀
Stable RLC coins resulting from direct forging, in the amount of 100% will be automatically credited to network users who purchased RLC stablecoins.
⠀
Read more about 𝗥𝗲𝗹𝗶𝗰𝘁 𝗖𝗼𝗶𝗻 𝗛𝗘𝗥𝗘: https://relictum.pro/relictcoin
🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community
⠀
All currently available stablecoins can be divided into 𝘁𝗵𝗿𝗲𝗲 𝘁𝘆𝗽𝗲𝘀:
✔️ Stablecoins secured by traditional currencies and other #assets in a 1 to 1 ratio.
✔️ Stablecoins provided by other cryptocurrencies. Everything is the same as described above, but instead of fiat currencies and other #financial assets, such stablecoins are “tied” to top cryptocurrencies, for example, bitcoin or ether.
✔️ Stablecoins without collateral. Such #tokens have a price, which can be any, because they have no connection with something tangible.
⠀
⠀⠀𝗪𝗵𝗮𝘁 𝗶𝘀 𝗥𝗲𝗹𝗶𝗰𝘁 𝗖𝗼𝗶𝗻 (𝗥𝗟𝗖)?
Relict Coin is the coin that is not subject to external #economic and political influences, it is based on the complex mathematical #algorithm that excludes coin inflation. If you make an analogy with the world of electronic, #digitalcurrencies and assets, we can draw the following conclusions:
➖ The amount of assets on Earth — is a constant value
➖ The value of electronic, digital currencies and assets — fluctuates only with respect to each other
⠀
The project team believes that you can create a permanent, relative to the basis of all currencies, stablecoin #RLC, which would level fluctuations in the value of stable tokens with respect to each other.
⠀
⠀⠀𝗥𝗟𝗖 𝗶𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘀𝘁𝗮𝗯𝗹𝗲 𝗰𝗼𝗶𝗻
Such constancy will be expressed in the costing of dynamic-coefficient stable-coin RLC related to #global electronic, digital #currencies and assets that will be reflected on the currency fluctuation map.
⠀
⠀⠀𝗦𝘁𝗮𝗯𝗹𝗲 𝗖𝗼𝗶𝗻 𝗙𝗼𝗿𝗴𝗶𝗻𝗴
The forging model provides for two options for the emergence of coins:
◾️ 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗙𝗼𝗿𝗴𝗶𝗻𝗴 - Based on the issue of stable tokens
▫️ Since the tokenomic model of stable tokens involves charging a fee for #withdrawing assets from the RLC coin in the amount of 2%
◾️ 𝗗𝗶𝗿𝗲𝗰𝘁 𝗳𝗼𝗿𝗴𝗶𝗻𝗴 - Based on the purchase of RLC stablecoins
▫️ This is the basis for the release of stable RLC #coins
⠀
Stable RLC coins resulting from direct forging, in the amount of 100% will be automatically credited to network users who purchased RLC stablecoins.
⠀
Read more about 𝗥𝗲𝗹𝗶𝗰𝘁 𝗖𝗼𝗶𝗻 𝗛𝗘𝗥𝗘: https://relictum.pro/relictcoin
🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community
🗓 On Wednesday, April 4, a network of anonymous cryptocurrency Verge was subjected to the so-called “51% attack.” As a result, for three hours, fraudsters completely controlled the network and the transactions taking place in it. In this post, we will look at how such attacks happen, in which cases they are most likely to occur, and how exactly the Relictum Pro network solves this #problem.
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⠀⠀𝗛𝗼𝘄 𝘁𝗵𝗲 “𝟱𝟭% 𝗮𝘁𝘁𝗮𝗰𝗸” 𝗵𝗮𝗽𝗽𝗲𝗻𝘀
⠀
📈 A “51% attack” occurs when the attacker, in which a relatively small number of miners can play, has a “control packet” of the hashrate, that is, computing power. As a result of the #attack, miners gain control over the entire network and can create blocks at their discretion.
⠀
🌐 In a network that uses the Proof-of-Work consensus #algorithm, in order to add a new block, miners must perform complex calculations, thereby proving that they have done the work. The first miner who proposed the right solution creates a new block and receives a reward for this. The more computing #power the miner has, the higher the chances of finding the right solution faster than anyone and the greater the size of the reward.
⠀
🔑 It is the key role of computing power that leads to the 51% Attack threat. If a miner or a pool of miners controls more than half the #hashrate, then they have the opportunity to completely control the network: they can add new #blocks, manipulate two-way operations and not confirm new transactions. Also, with the “51% attack”, attackers can use the same coin several times, recalling transactions made with it, which is called double-spending.
⠀
⠀⠀𝗦𝗼𝗹𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗽𝗿𝗼𝗯𝗹𝗲𝗺 𝗼𝗳 𝟱𝟭% 𝗮𝘁𝘁𝗮𝗰𝗸
⠀
💠 In Relictum Pro, a single #node makes a decision within 0.5 to 10 seconds, the network is updated (regenerates) and another main node is selected, it collects instructions, forms blocks and distributes them to all nodes, i.e., the #network changes dynamically every second. This gives an advantage, which excludes various kinds of ambiguities – collisions, double spending, and other things. There are no standard consensus principles. The more nodes are in the network, the better is the performance. This is achieved by the unique architecture of #Proof of Tsar and the organization of the virtual circuit switching network.
🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community
⠀
⠀⠀𝗛𝗼𝘄 𝘁𝗵𝗲 “𝟱𝟭% 𝗮𝘁𝘁𝗮𝗰𝗸” 𝗵𝗮𝗽𝗽𝗲𝗻𝘀
⠀
📈 A “51% attack” occurs when the attacker, in which a relatively small number of miners can play, has a “control packet” of the hashrate, that is, computing power. As a result of the #attack, miners gain control over the entire network and can create blocks at their discretion.
⠀
🌐 In a network that uses the Proof-of-Work consensus #algorithm, in order to add a new block, miners must perform complex calculations, thereby proving that they have done the work. The first miner who proposed the right solution creates a new block and receives a reward for this. The more computing #power the miner has, the higher the chances of finding the right solution faster than anyone and the greater the size of the reward.
⠀
🔑 It is the key role of computing power that leads to the 51% Attack threat. If a miner or a pool of miners controls more than half the #hashrate, then they have the opportunity to completely control the network: they can add new #blocks, manipulate two-way operations and not confirm new transactions. Also, with the “51% attack”, attackers can use the same coin several times, recalling transactions made with it, which is called double-spending.
⠀
⠀⠀𝗦𝗼𝗹𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗽𝗿𝗼𝗯𝗹𝗲𝗺 𝗼𝗳 𝟱𝟭% 𝗮𝘁𝘁𝗮𝗰𝗸
⠀
💠 In Relictum Pro, a single #node makes a decision within 0.5 to 10 seconds, the network is updated (regenerates) and another main node is selected, it collects instructions, forms blocks and distributes them to all nodes, i.e., the #network changes dynamically every second. This gives an advantage, which excludes various kinds of ambiguities – collisions, double spending, and other things. There are no standard consensus principles. The more nodes are in the network, the better is the performance. This is achieved by the unique architecture of #Proof of Tsar and the organization of the virtual circuit switching network.
🏮 Website: https://relictum.pro
⠀
#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community
Many modern #blockchain platforms are built using very outdated #cryptographic algorithms that use the elliptic curve #algorithm.
⠀
🔓 This method is very reliable, but if you find a linear discrete logarithm algorithm or select a key using a quantum computer, then the cryptographic strength is reduced to zero.
⠀
⚙️ And if you find a linear algorithm a task that is almost impossible in modern technical realities, then quantum computers can easily cope with this task.
⠀
❓ What solution does Relictum Pro offer?
⠀
💡 Relictum Pro is a supplemented modification of SHA1-based hashing mathematics. The main advantage of it is in converting from 20 bytes to 32 bytes (256 bits). This gives a high crypto-stability, including from a promising quantum #computer. Regardless of the size of the input, SHA-1 always gives a 32-bytes #hash.
⠀
🔹 Suppose that the message sent to you by the user, with standard #encryption algorithms, would take 15 bytes. In this case, it would be very easy to find it, simply by going through all possible solutions on a quantum computer.
⠀
🔐 However, expanding the message to 32 bytes would confuse the encryption search algorithm and, in all possible cases, would return an incorrect value.
⠀
✔️ Thus, Relictum Pro easily tackles the main blockchain problem with the advent of the quantum computer and provides the best cryptographic strength in the #industry.
⠀
📢 Learn more about the Relictum Pro project on our website: https://relictum.pro/
⠀
🔓 This method is very reliable, but if you find a linear discrete logarithm algorithm or select a key using a quantum computer, then the cryptographic strength is reduced to zero.
⠀
⚙️ And if you find a linear algorithm a task that is almost impossible in modern technical realities, then quantum computers can easily cope with this task.
⠀
❓ What solution does Relictum Pro offer?
⠀
💡 Relictum Pro is a supplemented modification of SHA1-based hashing mathematics. The main advantage of it is in converting from 20 bytes to 32 bytes (256 bits). This gives a high crypto-stability, including from a promising quantum #computer. Regardless of the size of the input, SHA-1 always gives a 32-bytes #hash.
⠀
🔹 Suppose that the message sent to you by the user, with standard #encryption algorithms, would take 15 bytes. In this case, it would be very easy to find it, simply by going through all possible solutions on a quantum computer.
⠀
🔐 However, expanding the message to 32 bytes would confuse the encryption search algorithm and, in all possible cases, would return an incorrect value.
⠀
✔️ Thus, Relictum Pro easily tackles the main blockchain problem with the advent of the quantum computer and provides the best cryptographic strength in the #industry.
⠀
📢 Learn more about the Relictum Pro project on our website: https://relictum.pro/
