Post
Topic
Board Announcements (Altcoins)
Re: [ANN] iBTC - Improving on BTC Decentralization - Satoshi's Missing Link
by
othell_rogue
on 21/03/2020, 18:41:16 UTC
Interesting coin, I would like to know what is the difference between SHA256 and SHA256d.
And if I can mine this coins with a CPU like a CPU only coin, or I need ASICs equipment, this is why I asked about the difference between algos in the first place.

I see no response from this thread with your question, you should try to visit the telegram group of this project to find out more clearly about being a question mark for you and some of the people in it.
SHA256 is an algorithm

160

iBTC uses same as BTC, sha256 with RIPEMD160

these are 2 alg

d means double for 2

256 followed by 160

make it harder to try and reverse a private key

impossible

256d -> 256 then 160

256 -> just 256

but people are sloppy and 256 tends to refer to 256d also

Thanks for the kind explanation!
I was thinking is just the SHA256 name is similar, but is more CPU/GPU friendly. Anyway, I will try to fire up some GPU and see what they get to me.