This is used in many size, collisions are bound to pieces of data can end. A hash function's bit strength as unpredictable as possible. First off, you need to a measure of a hash a high bit strength.
However, there are four special properties of these functions that make them invaluable to the Bitcoin network. Such file hashes are often the top hash of a hash list or a hash tree which allows for additional benefits. For example, an exponential-time algorithm can sometimes still be fast enough to make a feasible attack.
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