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ekimehtor | 2 years ago

Didn't the NS some other alphabet company create and then open source SHA 256 encryption? Isn't that the encryption scheme BTC uses?

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mrkeen|2 years ago

SHA256 is just a hash (one-way function), not an encryption scheme.

And Bitcoin is more than encryption. It's a consensus algorithm which still functions correctly under the assumption that the participants are untrustworthy.