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  • What is cryptocurrency in general?

    Posted by Leo on April 4, 2023 at 2:11 am

    And what algorithm, they did use?

    SOLana_San replied 11 months ago 2 Members · 1 Reply
  • 1 Reply
  • SOLana_San

    Member
    April 4, 2023 at 2:47 am
    0
    5

    Cryptocurrency ay virtual currency. Bawat crypto ay may sariling algorithm o set ng mga patakaran para sa mining o pag-verify, at pagre-record ng mga transaction sa blockchain.
    Halimbawa, ginagamit ng Bitcoin ang SHA-256 algorithm, samantalang ginagamit ng Ethereum ang Ethash algorithm. Ang mga algorithm na ito is design upang hindi maging madali sa computation level upang maiwasan ang fraudulent activity sa network.