I'm trying to understand what Ethash is. I know it's some kind of algorithm, but I'm not sure exactly how it works or what it's used for. Can someone explain Ethash to me in simple terms?
6 answers
CryptoTamer
Fri Jan 03 2025
Keccak has been recognized and standardized as SHA-3, reflecting its cryptographic strength.
Valeria
Fri Jan 03 2025
Ethash serves as the consensus algorithm for the cryptocurrency operating on Ethereum.
Claudio
Fri Jan 03 2025
Despite this connection, it is crucial to differentiate between Ethash and SHA-1.
lucas_jackson_pilot
Fri Jan 03 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of digital asset traders.
SamuraiCourage
Fri Jan 03 2025
It employs a proof of work mechanism to ensure the validation of transactions.