Algoritme

Cryptos:

2,117

Beurzen:

10

Marktkapitalisatie:

$2,158,935,982,977

Volume 24u:

$40,053,641,848

Equihash

Rang #45

$351,629,879

1

0

Winnaars (undefined)%

24U

Verliezers (undefined)%

Rang

45

Activa

1

Marktkapitalisatie

$351,629,879

Volume 24u

$6,793,180

Winnaars

1

Overzicht
Activa

$351,629,879

Marktkapitalisatie

$6,793,180

Volume

45

Rang

1

Winnaars

0

Verliezers

N/A

Verandering 24u

N/A

Verandering 7d

1U

-0.620

%

1D

0

%

1W

0

%

1M

-27.03

%

2M

-5.33

%

3M

-6.95

%

6M

-16.98

%

1J

-48.50

%

Over Equihash

Equihash is a proof-of-work algorithm used in several cryptocurrencies, including Zcash and Komodo. It was developed by Alex Biryukov and Dmitry Khovratovich in 2016 and is designed to be ASIC-resistant, meaning it can be mined using standard consumer-grade hardware.

The Equihash algorithm is based on the generalized birthday problem, a well-known cryptographic problem. It requires miners to find a solution to a complex mathematical equation that requires a significant amount of computational power to solve. Once a solution is found, it can be easily verified by the network.

One of the key features of the Equihash algorithm is its memory-hardness. This means that the algorithm is designed to require a large amount of memory to solve, which makes it difficult and expensive to create ASICs for mining. As a result, Equihash is considered to be a more democratic algorithm because it allows anyone with a computer to participate in mining.

Equihash is also designed to be resistant to attacks by quantum computers, which are believed to pose a threat to many existing cryptographic algorithms. This is achieved by requiring a large amount of memory and by using a hashing function that is not vulnerable to quantum attacks.

The Equihash algorithm has been widely used in various cryptocurrencies and has proven to be secure and reliable. It allows for a fair and decentralized distribution of mining rewards, and its ASIC-resistant design ensures that the network remains accessible to a wide range of participants.

In conclusion, the Equihash algorithm is a widely used proof-of-work algorithm that is designed to be ASIC-resistant and memory-hard. It has proven to be a reliable and secure algorithm that allows for a fair distribution of mining rewards and is resistant to attacks by quantum computers.