Crypto Academy Season 3 Week 4 Homework Post for @pelon53 | Hash rates and Merkle Tree
1. Explain in Detail The Hash Rate
Hashing and hash rates are very popular issues in cryptocurrency. They are normally concerned with Proof of work blockchain systems like Bitcoin and Ethereum.
Hash is a mix of alphabets and numbers used to represent a message or data in a blockchain. A popular example of hash generator is SHA256.
Hash rate or hash power simply, is the speed it takes to mine a block in a blockchain. The hash rate is determined by the processing power of the device used in mining. The hash rate is a very important component of the blockchain system because it measures and also indicates the productivity and efficiency of the device used in mining.
Hash rate is measured using the unit hash per second.
Below are some hash rate measurement terms.
Measurement term | Unit measure |
---|---|
1 kilo hash per second (1 Kh/s) | one thousand hashes per second (1,000 h/s) |
1 mega hash per second (1 Mh/s) | one million hashes per second (1,000,000 h/s) |
1 giga hash per second (1 Gh/s) | one billion hashes per second (1,000,000,000 h/s) |
1 tera hash per second (1 Th/s) | one trillion hashes per second (1,000,000,000,000 h/s) |
1 peta hash per second (1 Ph/s) | one quadrillion hashes per second (1,000,000,000,000,000 h/s) |
It should be noted that, the higher the hash rate of a mining device, the faster mining is completed. Hash rates can also vary depending on the cryptocurrency and the device used for mining. The hash rate to mine a blockchain keeps increasing as more users join to mine; increasing the difficulty to mine hence increasing the hash rate. Higher hash rate implies higher network security and higher rewards after successful mining.
There are instances where a group of miners gain over 50% control of a blockchain network. This is known as the 51% attack and these group of miners can interrupt the whole mining process by preventing other miners from completing blocks in the blockchain.
2. Make The Following Merkle Tree:
Transaction (Tree Leaves): Steem1, Steem2, Steem3, Steem4, Steem5, Steem6, Steem7, Steem8.
Make it to The Root Hash and put every Hash Generated using SHA-256, Show Screenshots.
Tell The Steps to Follow to Verify if Steem6 is Included in The Markle Tree
Hash: 7760E25BCB80ADF1DD92DB339BF5790A59E90CD54EFA072F1250DCE13FA97045
Hash: FE00506E91CF52BC4B35321E6B978D1A7349397B19C6C1C01E095971FDEC9741
Hash:
A9418332E0C351D6A50C835AA9E57D514F0573C231D491E97726DB8A5844F2DC
Hash:
22F4EC8E20C9CCAF2C313B23F18981B1C73BF39081BCD739E5D998A95A46AB30
Hash:
2A3C87336683AB0DDFA56AFEFC740E6C13A02FEA0A43D6797343B26D7AF0C57B
Hash: A7BAA6DE0C0658E9E3681966E542BACD116529F5AE9A2D9126CDB1C1D5BC1278
Hash: D441688DDA7F9285E8811728DD9A3955CF74F0A3C7600C1589D0F1D3B48FFAC7
Hash: F2E38ED4FF662087B6E9BEAFA4158EBC488B995732057BDA019A6A77FFB5F9F5
Tree Branches
Hash: A5568957014F6AC3866923C7DE20D375E706B8D8C9F453636E90B9965ABEC62B
Hash: 18D25196DB699F6AB9222B7302EB8A6F6EBFADEC703C07DD5DB8D9455913A499
Hash: D118E137F92A0DBEA138B6BF70C7714153A7BC393CD0272A44BD94864645224B
Hash: A81D57BA11AEDFA9EFBBA42F6523D75D1EFA50B22C5E3557A21CEFFE87DDFC4A
Second Level Tree Branches
Hash: 8A248C05E69C4F1AA403AD18A7F445FF500C42483DA425CE0C980CDB2FD1AD9B
Hash: 8B0935AEAB3F51BFA2B0750703EE2387E2B20EB19B0D24227E180C03A851AF17
Root Hash
Hash: 9C2FC83F36D59B8ED5033D2BCC417728583C8DAA0AA9868FD374BE3619D6E4F9
Creating the Merkle Tree
Steps to Follow to Verify if Steem6 is Included in The Merkle Tree
- To verify if Steem6 is included in the tree, you first verify Steem5; the leaf node next to it and in the same branch.
- You then verify Steem7Steem8.
- Verify the Branch Steem1Steem2Steem3Steem4 and
- Lastly verify Steem1Steem2Steem3Steem4Steem5Steem6Steem7Steem8, the Root Hash of the block.
Tree leaves
Using The SHA-256, You must Place each Complete Hash in The Merkle Tree Transaction (Tree Leaves): SCA1, SCA2, SCA3, SCA4, SCA5, SCA6, SCA7, SCA8. Explain each Step, Show Screenshots. If The Number of Leaves on The Tree is Odd, What should you do? Explain.
Hash: 13E0A04BB0E669E1C638DBE3A704743F99F162B25245E4D8C064D35BA38FA8C8
Hash: 27849353A9C8CC4E948EB6E5748EDD79CB83513D8C0ADAF3E8C83D3792C9149B
Hash: 67E872F952C105C35E0BCE130536D061F4999DCA5593754BA9BA7BE59B8E7C0D
Hash:
491928A32BAE70A12FA251412BBFD7C9999F317BA6BF577C283C724225270A43
Hash: 99C078C39CDE7F47799E0E8691460A9F3E83E78D498EA989308FCFCC58907B19
Hash: 7A648D887B124DB14E96E23BA92783E7F26D00957C19B9B8229632C2C1873729
Hash:
7E0BBD6BA4BA9896F9911AF46B06DD2C47535F9C80B29D693FDF6B9319D0D68E
Hash: 562ABCEEB497E1FE7AE275A883FD5EF9D92A05F5C19D82ABAA0DC1571B7DF3AD
Tree Branches
Hash:
91B09BBA815748166FB36413342C7E4E7E809F4BAC538C0418841A4476B527EF
Hash:
B49B48697A3ACBC5E3D2E36B6EE49C44020D88E664C5C1AA7A7CF34058177379
Hash: F026924CD1285FF92C2A2DE9B9313027EB67273A82375C939348C887F6B52F77
Hash: AA55EC5A6B11393B289C4B2B6916172ACC2941C5C978FB1D7BF02696BAB323A4
Second Level Tree Branches
Hash: F50DC120CBF6C46923037F6D7F41D4153ECC9AB7430DDA662C142DB1FFE483F7
Hash:
A3D8CA8494CC426ABD5E1FC5FA0FEAE4F2B2ECE4C4CECDCA05E19EB66542533F
Root Hash
Hash: CB40CA6DB72DD507CF9118963F94B7740822258E74AFB0FD45D89DB35D24B386
Creating the Merkle Tree
If The Number of Leaves on The Tree is Odd, What should you do? Explain.
The merkle tree can only be complete if the leaves in the tree is even because the leaves are usually paired and continued till the root hash is generated. In an event where the number of leaves is odd, the last leaf should be duplicated to make the number even.
Example
A tree with 3 leaves; SCA1, SCA2 and SCA3 will look like this:
SCA3 will have to be duplicated so we have another SCA3 to complete the tree. The Tree Branch will then be SCA3SCA3, and the Root will be SCA1SCA2SCA3SCA3.
Below is how the Merkel Tree will look like:
Conclusion
As discussed hash and hash rates are two important components of the Blockchain technology. Hash is the alphanumeric codes use to represent a message or text in a blockchain. Hash rates or hash power is simply the speed or time it takes to mine a block in a blockchain.
Blocks in the Blockchain can be arranged in a Merkle Tree identifying from individual leaf nodes and their hash, to branches and finally the root hash. The Merkle tree helps miners to verify a block or a transaction in the blockchain without downloading the entire blockchain.
Thanks for reading. Huge credits to @pelon53 for this lecture.
Gracias por participar en Steemit Crypto Academy Season 3:
Espero seguir leyendo tus publicaciones.
Pregunta 1, debe investigar con mayor profundidad.
Pregunta 2, todos los hash coinciden
Pregunta 3, todos los hash coinciden.
Recomendaciones:
La investigación se debe hacer con mayor profundidad.
Los árboles pueden hacese que sean más legibles.
Calificación: 7.9