What does blockchain hash value mean in plain language (What is the hash of blockchain)?

What does blockchain hash value mean in plain language. In simple terms, it refers to the size of the number of timestamps calculated for a block. In the traditional computer field, in order to determine whether a transaction is successful or erroneous based on accurate data and accounting speed, mathematical methods need to be used to solve, weight, and provide the correct answer and its finality assuming for that number. However, in the field of blockchain, mainstream currencies such as Bitcoin use “distributed storage technology” instead of traditional cryptographic models. So the purpose of the blockchain hash value is very simple: it represents the specific data volume of a certain time node multiplied by the hash value to obtain the corresponding result for that number.

What is the hash of blockchain

In the blockchain technology, the hash function of cryptocurrencies such as Bitcoin and Ethereum is proven through mathematical methods. This is a special algorithm that allows computers to obtain a random number as a way of data processing while ensuring transactions without sacrificing decentralization. Since the value of encrypted assets fluctuates over time, the hash function is also considered one of the most secure methods. Mining refers to the process of powering the computing devices with electricity. (For example: when you have a server, your computer will waste electricity.)