Blockchain and Cryptocurrency
A birthday attack is a type of cryptographic attack that exploits the mathematics behind the probability of collisions in hash functions. It demonstrates that finding two different inputs that produce the same hash value is much easier than one might expect due to the birthday paradox, which states that in a group of just 23 people, there's a 50% chance that two people share the same birthday. This concept is crucial in understanding the vulnerabilities of hash functions and informs countermeasures for securing cryptographic systems.
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