Algorithm

Cryptos:

2,117

Exchanges:

10

Marketcap:

$2,243,771,578,670

Volume 24h:

$34,180,051,536

X11

Rank #46

$366,828,843

0

1

Winners (undefined)%

24H

Losers (undefined)%

Rank

46

Assets

1

Marketcap

$366,828,843

Volume 24h

$3,497,384

Losers

1

Overview
Assets

$366,828,843

Marketcap

$3,497,384

Volume

46

Rank

0

Winners

1

Losers

N/A

Change 24h

N/A

Change 7d

1H

-0.360

%

1D

0

%

1W

0

%

1M

-17.86

%

2M

2.51

%

3M

9.24

%

6M

16.47

%

1Y

-34.76

%

About X11

X11 is a hashing algorithm used by many cryptocurrencies, including Dash, PIVX, and more. It was designed to be resistant to ASIC mining, which is a method of using specialized hardware to mine cryptocurrencies more efficiently than general-purpose computer processors.

The X11 algorithm consists of 11 different hash functions, hence the name X11. The hash functions used in X11 are:.

Blake
  1. BMW
  2. Groestl
  3. JH
  4. Keccak
  5. Skein
  6. Luffa
  7. CubeHash
  8. SHAvite-3
  9. SIMD
  10. Echo

Each of these hash functions is applied in sequence, with the output of one function being used as the input to the next. This creates a hash that is much more difficult to reverse-engineer than a simple hash function.

The X11 algorithm is also designed to be energy-efficient, which is becoming increasingly important in the cryptocurrency mining industry. By using a combination of different hash functions, X11 is able to achieve high levels of security while using less power than other hashing algorithms.

Overall, the X11 algorithm has proven to be a popular choice for many cryptocurrencies due to its resistance to ASIC mining and energy efficiency.