Python: Simulate Blockchain Mining

In my earlier tutorial, I demonstrated how to use the Python library hashlib to create a sha256 hash function. Now, using Python, I am going to demonstrate the principle of blockchain mining. Again using BitCoin as my model, I will be trying to find a nonce value that will result in a hash value below a predetermined target.

We will start by simply enumerating an integer through our sha 256 hash…

Python: Create a Blockchain Hash Function

If you are at all like me, reading about a concept is one thing. Actually practicing it though, that helps me to actually understand it. If you have been reading my blockchain tutorial, or if you came from an outside tutorial, then you have undoubtedly read enough about cryptographic hashes.

Enough reading, let’s make one:

( if you are unfamiliar with crytographic hashes, you can reference my…

To fully understand blockchain, it helps to have a good understanding of what is known as a cryptographic hash. It is this hash that is at the very core of how blockchain works.

If you read my introduction to blockchain lesson, you would see that the Hash is part of every block. It serves as a unique identifier for the block. That is the general idea for all Hashes, whether cryptographic or not.

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