Ninjastic
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Board Altcoin Discussion
Re: What is the best algorithm to use for a new Altcoin?
by
tromp
on 22/07/2015, 19:18:21 UTC
Quote from: x86cam on July 22, 2015, 05:26:21 PM
What would be the best algorithm to use for a new Altcoin?

I think you mean proof-of-work system.

https://en.bitcoin.it/wiki/Proof_of_work
https://en.wikipedia.org/wiki/Proof-of-work_system

Quote
The list of algorithms I've heard of so far:
  • SHA256
  • Scrypt
  • X11
  • X13
  • X15
  • Lyra2RE

These are all hash functions that can be used in the Hashcash proof-of-work system.