I am curious why CryptoNight opted for CryptoNight as their moniker. What was the rationale behind this choice? Did they want to emphasize the secretive and encrypted nature of their work, or was there another reason entirely?
7 answers
Tue Jan 14 2025
In May 2019, an updated whitepaper was released regarding the project.
Mon Jan 13 2025
ASIC resistance is crucial for maintaining a fair and decentralized mining ecosystem.
Mon Jan 13 2025
The updated whitepaper further mentioned that developers would implement periodic changes to the algorithm.
Mon Jan 13 2025
This updated document revealed a significant change in the project's direction.
Mon Jan 13 2025
These changes were intended as a deterrent to prevent any single entity from gaining too much control over the mining process.