What is Hashcash?
Definition of Hashcash
Hash cash is a proof of work algorithm which has a very important function of bitcoin or other cryptocurrency mining.
Breif Explanation of Hashcash
Hash cash is also used to prevent the denial of service attacks on the world of cryptocurrency. This requires a specific amount of work or data in a network or systems to perform their functions.
It was introduced by ADAM BACK in 1917. Hash cash is a public auditable system for any recipient either a sender or receiver Hashcash stamps can be verified very efficiently by their recipient.
Hash cash source codes include both forms a library form and an algorithmic form.