What are the differences between ethash and etchash in the context of cryptocurrency?

1 answers

• Tour BranchAug 08, 2024 · a year ago
  Ethash and etchash are two hashing algorithms used in cryptocurrency mining. Ethash, the algorithm used by Ethereum, is designed to be memory-hard, which means it requires a large amount of memory to perform the mining calculations. This makes it more resistant to ASIC mining, as ASICs lack the necessary memory capacity. Etchash, on the other hand, is a modified version of ethash used by Ethereum Classic. It reduces the memory requirements of ethash, making it more accessible to a wider range of miners. However, this also makes etchash more vulnerable to ASIC mining. The choice between ethash and etchash depends on the specific goals and priorities of the cryptocurrency community. Some may prioritize decentralization and resistance to ASIC mining, while others may prioritize accessibility and inclusivity for miners of all types.
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