Equihash
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Equihash Algorithm: The ASIC-Resistant PoW Powering Privacy Coins
The Equihash algorithm is an advanced memory-hard Proof-of-Work (PoW) system designed to deliver maximum security while preventing ASIC dominance. By requiring substantial memory resources, Equihash creates a fairer mining ecosystem where GPU miners can compete effectively against large-scale operations.
Key Advantages of Equihash
✔ ASIC Resistance – Optimized for consumer GPUs rather than specialized hardware
✔ Enhanced Security – Memory-intensive design protects against 51% attacks
✔ True Decentralization – Prevents mining centralization by corporate pools
✔ Privacy-Coin Friendly – Ideal for anonymous cryptocurrency networks
Top Cryptocurrencies Using Equihash
Equihash powers several major privacy-focused blockchains:
🔹 Zcash (ZEC) – The flagship Equihash coin featuring zk-SNARKs for completely private transactions
🔹 Horizen (ZEN) – Privacy platform with sidechain capabilities
🔹 Bitcoin Gold (BTG) – Decentralized Bitcoin fork
🔹 Komodo (KMD) – Multi-chain platform with atomic swaps
