Cryptocurrency Q&A What is the algorithm of Nexa coin?

What is the algorithm of Nexa coin?

Raffaele Raffaele Wed Oct 30 2024 | 5 answers 1141
I'm interested in Nexa coin and I want to understand its underlying technology. Specifically, I'm curious about the algorithm that powers Nexa coin. Could someone explain it to me? What is the algorithm of Nexa coin?

5 answers

Stefano Stefano Thu Oct 31 2024
This enhancement will further bolster the robustness and functionality of the mining algorithm.

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Giulia Giulia Thu Oct 31 2024
The mining algorithm Nexapow currently utilizes SHA-256 hashing in combination with Schnorr signatures.

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Luigia Luigia Thu Oct 31 2024
This blend of hashing and signature mechanisms ensures a secure and efficient mining process.

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DreamlitGlory DreamlitGlory Thu Oct 31 2024
Nexapow is designed to evolve and adapt to the needs of the cryptocurrency ecosystem.

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DondaejiDelightfulCharmingSmileJoy DondaejiDelightfulCharmingSmileJoy Thu Oct 31 2024
In the future, Nexapow will undergo an upgrade to incorporate UTXO lookups.

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