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Ethash Algorithm: The GPU-Friendly Engine Powering Ethereum
The Ethash algorithm is Ethereum’s memory-hard Proof-of-Work (PoW) consensus mechanism, designed to secure transactions while maintaining decentralized mining access. As the computational foundation of the Ethereum blockchain, Ethash delivers robust security through its unique DAG (Directed Acyclic Graph) system.
Why Ethash Matters for Crypto Mining?
✔ ASIC-Resistant Design – Optimized for GPU mining rigs over specialized hardware
✔ Memory-Intensive Security – Requires storing large datasets (DAG files) to prevent ASIC dominance
✔ Decentralized Participation – Enables individual miners to compete effectively
✔ Ecosystem Security – Protects Ethereum’s $400B+ network from 51% attacks
Key Blockchains Using Ethash
🔹 Ethereum (ETH) – The #1 smart contract platform (transitioning to PoS in 2022)
🔹 Ethereum Classic (ETC) – The original Ethereum chain maintaining PoW
🔹 Ubiq (UBQ) – Enterprise-focused blockchain platform
🔹 Expanse (EXP) – Early Ethereum fork with governance features
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