What is the algorithm used in Ethereum Classic?
Miriam FisherDec 02, 2020 · 5 years ago3 answers
Can you explain the algorithm used in Ethereum Classic in detail?
3 answers
- Edison Ramos DeguzmanJun 14, 2025 · 2 months agoEthereum Classic uses the Ethash algorithm, which is a modified version of the Dagger-Hashimoto algorithm. This algorithm is specifically designed to be memory-hard, meaning it requires a large amount of memory to perform the mining calculations. This helps to prevent the use of specialized hardware (ASICs) for mining, making it more accessible to individual miners using consumer-grade hardware. Ethash also incorporates a mix of computational and memory-bound operations, which further enhances its resistance to ASIC mining. Overall, the Ethash algorithm ensures a fair and decentralized mining process in Ethereum Classic.
- SineikeDec 26, 2020 · 5 years agoThe algorithm used in Ethereum Classic is called Ethash. It was chosen to provide a fair and decentralized mining process. Ethash is a memory-hard algorithm, which means it requires a significant amount of memory to perform the mining calculations. This design choice helps to prevent the centralization of mining power by specialized hardware, such as ASICs. By making mining accessible to individual miners using consumer-grade hardware, Ethereum Classic aims to maintain a more democratic and inclusive network.
- MOSULIJul 12, 2024 · a year agoEthereum Classic utilizes the Ethash algorithm for its mining process. Ethash is a memory-hard algorithm that requires a large amount of memory to perform the mining calculations. This algorithm was specifically chosen to prevent the use of specialized mining hardware, such as ASICs, and to promote a more decentralized mining ecosystem. By making mining accessible to a wider range of individuals, Ethereum Classic aims to maintain a fair and secure network.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 2717353Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 0763How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App
0 0660How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0618Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0598Step-by-Step: How to Instantly Cash Out Crypto on Robinhood
0 0484
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More