Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
by
Madmach
on 16/11/2016, 02:58:10 UTC
Why this coin uses equihash as PoW algorithm? Why doesn't it use others such as Lyra2, scrypt, SHA256, X11, etc? I am mainly interested in the technical reasons behind this choice. I know there are aspects of asic mining, but maybe there are more reasons...

I think, the main reason is just ASIC-resist, like Dagger (Ethereum): http://www.hashcash.org/papers/dagger.html
https://z.cash/blog/why-equihash.html