Cryptocurrency Algorithms (Page 3)

A mining hash algorithm acts like a signature for a data file. An almost unique hash is created to validate a cryptocurrency transaction on the blockchain. A hash is a number generated from a string of text and depending on the algorithm, varies in length. The longer the hash, the stronger it is. Due to the length, it is almost impossible to create the same hash twice. However, a longer hash means more processing time. Hence why different coins, such as Bitcoin and Ethereum, have opted for different algorithms.

We've listed many of the cryptographic algorithms below. Click through to see which coins use it and a little bit about the algorithm.

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Argon2

5 Coins

The Argon2 algorithm was created in 2015 by researchers of the Luxemburg National University. It aimed to tackle to issues,…

Counterparty

5 Coins

This algorithm fully depends on the the Bitcoin system and was developed by the creators of the Counterparty (XCP) coin.…

Cryptonight Heavy

5 Coins

CryptoNight Heavy is an evolution of the CryptoNight algorithm. It was created in order to become ASIC resistant. The CryptoNight…

X16s

5 Coins

X16S is an algorithm based on the classic X11 algorithm. It uses sixteen chained hashing algorithms instead of eleven. The…

Equihash 144,5

5 Coins

Based on the Equihash algorithm, Equihash 144,5, also known as Zhash, has the goal of hardening the protocol to be…

Zhash

X17

4 Coins

Developed back in 2014, X17 is a based on the X11 algorithm. It is comprised of seventeen different hashing functions,…

Yescrypt

4 Coins

Created by Alexander Peslyak, Yescrypt is an algorithm based on the Scrypt algorithm, created by Colin Percival of Tarsnap. It…

Dagger

4 Coins

Based on moderately connected directed acyclic graphs, or DAGs, is where Dagger draws its name. The Dagger algorithm is an…

HMQ1725

4 Coins

HMQ1725, developed by the CryptoCoderz community, is a modernised version of the Quark hashing algorithm. This modification occurred as a…

PHI2

4 Coins

Based on the original PHI algorithm, PHI2 is more miner-friendly and consumes up to sixty percent less energy, when compared…

CryptoNight Fast

4 Coins

Developed by the Masari (MSR) cryptocurrency, CryptonightFast (CN-Fast) is a Proof of Work (PoW) algorithm that mitigates potential attacks and…

Blake2b

3 Coins

Blake2b is one of two algorithms based on BLAKE2, the other being Blake2s. Blake2b is optimized for 64-bit platforms, whereas…

1GB AES Pattern Search

3 Coins

1GB AES Pattern Search is a Proof of Work (PoW) algorithm, derived from the Momentum proof-of-work algorithm, that is based…

Time Travel

3 Coins

Time Travel (sometimes referred to as TimeTravel10) is an algorithm created in 2016 by the developers of the Machinecoin (MAC)…

Tribus

3 Coins

Tribus is an algorithm that was created for the hybrid cryptocurrency, Denarius (DNR). So far, Denarius is the first and…

YesPoWer

Yescrypt R16

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