Mining centralization is one of the most biggest challenges with Cryptocurrencies. Equihash Algorithm is a proof of work algorithm, developed by Alex Birynukov and Dmitry Khovratovich. This is a asymmetric memory oriented proof-of-work system that is based on a computer science and cryptography concept known as the generalized birthday problem. Being memory oriented proof of work, the time taken to complete a computational problem is determined by the amount of RAM required to hold data. The main reason behind this invention of Equihash Algorithm is to diminish the elongated time required to hail the process of mining. The unique feature of Equihash Mining Algorithm is that it is memory-hard and very easy to verify on the other.
Having wide experience in the field of Cryptocurrency development, we Blockchainappsdeveloper have become expertise in Equihash Algorithm Development, to mine new cryptocurrency with more features and advantage. Our development process is completely secure and transparent.
Equihash Algorithm, also called as ZCash Algorithm, has efficient verification and in future, it could be important for clients on constrained devices or for implementing ZCash client inside Ethereum. This memory oriented PoW relates with mining with the RAM required and it is possible to build affordable custom ASICs for mining. The following are the reasons for choosing Equihash Algorithm.
Equihash is one of the mining algorithms, best for those that requires certain computational and memory resources. Here is the list of cryptocurrency using Equihash Protocol.