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What are the Key Features of Equihash algorithm?

These are some of the key features of Equihash algorithm-

  • This algorithm is designed to keep mining from becoming overly centralized. Equihash mining is complex due to the relatively low efficiency of ASICs.
  • It provides a small resolution, yet difficult cryptographic test to construct. It helps to increase the overall scalability of the network by preventing massive cryptographic test traffic from overwhelming the system.
  • The test requires a large amount of memory, which means that even after optimization, mining with ASIC, GPU and CPU is expensive.
  • It is very versatile and can support future structural and algorithmic advances.

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