miRNAs, microRNA, are short RNA sequences that are complementary to regions of a transcribed gene and have regulatory functions. Current research indicates that circulating miRNA may be utilized as novel biomarkers, hence show promising evidence to be utilized in disease diagnostics. MiRNAs are formed from longer sequences of RNA that are cut free by a Dicer enzyme from an RNA sequence that is from a regulator gene. These short strands bind to a RISC complex. They match up with sequences in the upstream region of a transcribed gene due to their complementarity to act as a silencer for the gene in three ways. One is by preventing a ribosome from binding and initiating translation. Two is by degrading the mRNA that the complex has bound to. And three is by providing a new double-stranded RNA (dsRNA) sequence that Dicer can act upon to create more miRNA to find and degrade more copies of the gene. Small interfering RNAs (siRNAs) are similar in function to miRNAs; they come from other sources of RNA, but serve a similar purpose to miRNAs.
Given their short length, the rules for complementarity means that they can still be very discriminating in their targets of choice. Given that there are four choices for each base in the strand and a 20bp - 22bp length for a mi/siRNA, that leads to more than  possible combinations. Given that the human genome is ~3.1 billion bases in length, this means that each miRNA should only find a match once in the entire human genome by accident.