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SHA-256 Meaning

SHA-256 (Secure Hash Algorithm 256-bit) is a cryptographic hash function that takes an input of any size and produces a fixed-size 256-bit string (a Hash). It is a One-Way function, meaning it is computationally impossible to reverse the hash to find the original input.

This is the foundational technology that secures the Bitcoin network and many other blockchains.In the Bitcoin protocol, SHA-256 is used in two critical ways: creating wallet addresses and Mining (Proof of Work). Miners must repeatedly run the SHA-256 algorithm on a block's data plus a nonce (a random number) until they find a hash that starts with a specific number of zeros.

This process is essentially a Digital Lottery that requires immense physical energy, creating the Economic Wall that prevents hackers from rewriting the blockchain's history.SHA-256 is favored for its Collision Resistance-the astronomical improbability that two different inputs would ever produce the same hash. Even a one-letter change in a 500-page book would result in a completely different SHA-256 hash.

This sensitivity is what allows users to Verify the integrity of data; if the hash of a file matches the hash provided by the source, you can be 100% certain the file hasn't been tampered with or corrupted during the download.

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Finery Markets BVI Limited (“Finery Markets”) provides software, technology infrastructure, and related Information and Communication Technology (ICT) services on a Software-as-a-Service (“SaaS”) basis. Finery Markets acts solely as a software vendor and does not operate a trading platform, does not intermediate, match, execute, clear, or settle transactions, and does not engage in any activities that would require regulatory authorisation under applicable laws.

Finery Markets’ software is non-custodial and is provided exclusively to licensed institutional entities that act as independent operators of their own environments. All counterparties are solely responsible for establishing and maintaining their own bilateral trading and settlement relationships. Finery Markets is not a party to any such arrangements and assumes no responsibility for the conduct, verification, or compliance obligations of any users of the software.

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