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Regarding the underlying algorithms related to Bitcoin protocol.

1 vote
3 answers
1k views

Is difficult hashing algorithm necessary?

To avoid GPU/ASIC mining, difficult hashing functions, such as scrypt and scrypt-jane, are proposed as PoW algorithm (However, GPU and ASIC are also suitable for basic scrypt operation). Is it good fo …
jclin's user avatar
  • 450
18 votes
3 answers
2k views

Looking for nonces of even numbers

Each one of bitcoin and its derived crypto-currencies has a nonce value in the block, no matter what the algorithm is. Every miner tries to search for a luck nonce which can make the hash value smalle …
jclin's user avatar
  • 450