Equihash Algorithm Development Company

1. Equihash Algorithm Development Company www.developcoins.com

2. Developcoins: A leading blockchain and cryptocurrency development company, has extended its research and development in various upcoming cryptocurrency mining algorithms and blockchain consensus mechanism and various innovations. We are interested in developing new crypto coins, on various crypto mining algorithms such as SHA-256, Scrypt, X11, Pivx, Ethash, Equihash, EOSIO, Cryptonight, Quark and lot more.

3. Cryptocurrency mining comprises of 2 functions: When you want to create your own cryptocurrency, you will need to know some basic knowledge about cryptocurrency mining algorithms. So if you are a newcomer in the crypto space you must keep in this general term before you jump into the crypto world. Cryptocurrency mining comprises of 2 functions: • Creating and launching new crypto coins in the network • Verifying and adding new transactions to the blockchain record

4. These primary roles are implemented by utilizing a PC which is united to the internet and well-equipped with specific mining hardware and software to manage/control cryptocurrency mining. So if you want a create coin then choose suitable mining algorithms and also hardware. The hardware depends on the algorithm utilized by a digital coin. For example, if you want to create a cryptocurrency with the SHA-256, Equihash algorithms you can buy ASIC. If you find out that the coin is resistant to ASIC you should buy GPU.

5. What is Equihash Algorithm? Equihash protocol as its hashing algorithm. It is an asymmetric, memory-driven Proof-of-Work algorithm that completely relies on the generalized birthday problem.It demands extreme RAM requirements to bottleneck proof generation, building ASIC advancement impracticable, just like Ethereum. This algorithm obviously bridges the gap between the average miner and large mining groups by determining cryptographic problems on an even plane.

6. Origin of Equihash Algorithm Equihash - it was developed by Alex Biryukov and Dmitry Khovratovich at the University of Luxembourg. It is also memory-orientated in that it is ‘memory-hard’. As a result, the amount of PoW mining that can be done using the Equihash algorithm is basically determined by how much memory i.e. RAM that a person possesses. Put otherwise, memory-hard specify to the instance in which the length of time taken to complete a computational problem is, to a large extent, determined by the amount of memory that is required to hold data.

7. ASIC Resistant The usage of ASIC resistant is that they lead to the centralization of mining activities which overcome the purpose of decentralization. To find out this, ASIC resistant is being enforced in many of the recent cryptocurrencies. If a coin is ASIC resistant, the crypto mining algorithm with which the coin is developed will not have an ASIC solution and that has to be mined using Graphic cards (GPU Mining). Ultimately ASIC has been found out to overcome this limitation for LTC coin which was developed using the Scrypt algorithm and that is why it is always stated as ASIC Resistant not ASIC Proof and above all, it is just a matter of time. But ASIC miners have disadvantages when compared with GPU mining

8. GPU MINING Mining using Graphic cards are much more useful when comparing with ASIC miners. They are regular purpose computing and are easily resold with much of the initial cost. Even graphic cards are cheaper than ASIC hardware which has high supply from reputed companies. Specification of Equihash Algorithms: The Equihash algorithm has three parameters – n, k, and d – which determine the algorithm's time and memory requirements.

9. Why we are using Equihash Algorithm? • Equihash is a stable, GPU-friendly algorithm that will allow a fair coin circulation at launch. • Equihash algorithm which is designed to be ASIC-resistant to lengthen fair distribution and allow miners to participate for as long as possible. • Assures Security, Privacy and it is ASIC miner resistance • With more memory to hold data, mining time can be reduced • Easy to verify the whole process • Solid in solving computational problems • Provides a safe ecosystem for crypto mining • Provides Higher Assurance

10. Pros and Cons - Equihash Algorithms The main benefit that the development team as focused on is to make EquiHash ASIC resistant in that its proof-of-work algorithm should be effectively memory oriented. In general terms, it means that the amount of mining exactly relies on the amount of memory your hardware has. The fact it allows equal contribution to the proof-of-work process means that it is known more like a popular than a traditional SHA256 mining protocol. EquiHash also gives rise to able verification in the sense that it would help the clients on constrained devices.

11. Popular Coins using EquiHash • Bitcoin Gold (BTG) • ZCash (ZEC) • Bitcoin Private (BTCP) • Komodo (KMD) • ZenCash (ZEN) • ZClassic (ZCL) • BitcoinZ (BTCZ) • Hush (HUSH) • Zero (ZER) • Bitgem (BTG) • Zelcash (ZEL)

12. Looking for the best Equihash Algorithm Development Service Provider? Developcoins has become an Equihash Algorithm Development Service Provider on the Crypto Network. Our Equihash Algorithm development process is completely secure and transparent. Explore more from here - How Developcoins Create A New Cryptocurrency Using Equihash Algorithm? We believe that the crypto market will improve the world. We want to become a core driver of this crypto space, enabling everyone to participate.

13. Our Cryptocurrency Development Solutions If you are a major business holder, use the Blockchain technology to make your new crypto coin for your business purpose. Our crypto coin development solutions provided by the professional technicians help you to get your desired innovative and unique crypto coin for your business enhancement. Be in touch with our Crypto Experts to explore more about Equihash Algorithm.

14. Thank You www.developcoins.com