Application of Binary Cross Entropy.

Binary Cross Entropy also referred to as Log Loss, assumes a central role in scenarios where the classification task is binary in nature. In such instances, the model’s prediction pertains to one of two possible classes. Certainly, let’s delve deeper into the detailed uses of Binary Cross Entropy in various real-world applications:

Blockchain and cryptography

Complete overview of Cryptocurrency.

Cryptocurrency represents a revolutionary digital payment system that operates without the need for traditional banking institutions. It functions on a peer-to-peer basis, allowing individuals anywhere in the world to send and receive payments directly to each other. Unlike physical currency, which is tangible and exchanged physically, cryptocurrency transactions are purely digital entries recorded in an online database, known as a ledger…