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What Is the “Birthday Paradox” and How Does It Relate to Collision Attacks?

The Birthday Paradox is the counter-intuitive probability that in a relatively small group of people, two will share the same birthday. In cryptography, it shows that a collision in an n-bit hash function can be found with a probability of 50% after only 2^(n/2) attempts, not 2^n.

This drastically reduces the computational effort required for a collision attack, making it the theoretical benchmark for the strength of collision resistance.

What Is the “Birthday Problem” in Cryptography and How Does It Relate to the Risk of Hash Collisions in SHA-256?
What Is a Hash Collision and Why Is a 256-Bit Output Size Considered Resistant to It?
Why Is Collision Resistance Generally Considered a Stronger Requirement than Preimage Resistance?
How Does the “Difficulty Adjustment” in Bitcoin Mining Relate to the 256-Bit Hash Target?