Cryptocurrency Q&A
What algorithm does FIRO use?
What algorithm does FIRO use?
Moonshadow
Fri Oct 25 2024
|
6 answers
1231
FIRO utilizes the forward algorithm to compute the probability of an observed sequence in a Hidden Markov Model (HMM). This algorithm recursively calculates the local probabilities at each time point, avoiding the need for exhaustive enumeration of all possible paths.
6 answers
henry_miller_astronomer
Sun Oct 27 2024
Firo has adopted a unique approach in its Proof-of-Work algorithm by developing and utilizing Merkle Tree Proofs (MTP).
Was this helpful?
289
24
HanjiArtistryCraftsmanshipMasterpiece
Sat Oct 26 2024
The primary objective of MTP is to ensure that the algorithm is memory hard, meaning it requires significant memory resources to mine.
Was this helpful?
356
60
ZenBalanced
Sat Oct 26 2024
LLMQ ChainLocks provide an additional layer of protection by ensuring that the blockchain remains secure and tamper-proof.
Was this helpful?
67
27
TaekwondoMasterStrengthHonorGlory
Sat Oct 26 2024
Additionally, MTP offers fast verification, which enables efficient confirmation of transactions without compromising speed.
Was this helpful?
83
21
Caterina
Sat Oct 26 2024
This combination of memory hardness and fast verification encourages miners to use commodity hardware, promoting decentralized mining.
Was this helpful?
133
75
Load 5 more related questions
