SCRYPT - EVM - MINING ALGORITHM - HASH RATE -

rssniper (49)in #money • 6 years ago


SCRYPT	compared to sha256, this is quicker as it does not use up as much processing time. scrypt is a type of cryptographic algorithm and is used by litecoin. ^{^{Source + Source}}
EVM	bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. ^{^{Source + Source}}
MINING ALGORITHM	every ethereum node runs on the evm to maintain consensus across the blockchain. it is a turing complete virtual machine that allows anyone to execute arbitrary evm byte code. the ethereum virtual machine (evm). ^{^{Source + Source}}
HASH RATE	represents the performance of the mining rig is expressed in hashes per second. is a measurement. ^{^{Source + Source}}


SCRYPT	compared to sha256, this is quicker as it does not use up as much processing time. scrypt is a type of cryptographic algorithm and is used by litecoin. ^{^{Source + Source}}
EVM	every ethereum node runs on the evm to maintain consensus across the blockchain. it is a turing complete virtual machine that allows anyone to execute arbitrary evm byte code. the ethereum virtual machine (evm). ^{^{Source + Source}}
MINING ALGORITHM	bitcoin’s mining algorithm is sha256, whilst litecoin & dogecoin’s are scrypt. the algorithm used by a cryptocurrency to sign transactions, these vary across different cryptocurrencies. ^{^{Source + Source}}
HASH RATE	represents the performance of the mining rig is expressed in hashes per second. is a measurement. ^{^{Source + Source}}

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