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What Is the X11 Algorithm?
X11 is a powerful and energy-efficient multi-hash cryptographic algorithm designed to enhance the security, scalability, and decentralization of blockchain networks. Named for its use of eleven sequential hashing functions, X11 provides an advanced layer of protection compared to single-hash algorithms like SHA-256.
Originally developed by the Dash (DASH) cryptocurrency team, X11 was created to be ASIC-resistant, promoting broader access to mining through GPUs and supporting a more decentralized ecosystem.
How Does X11 Work?
X11 processes transactions using a chain of 11 unique hashing algorithms:
BLAKE, BMW, Groestl, JH, Keccak, Skein, Luffa, CubeHash, SHAvite, SIMD, and Echo.
By combining these algorithms, X11 reduces the likelihood of any single vulnerability being exploited, providing a stronger and more resilient security structure for the blockchain.
Key Benefits of X11:
๐ Enhanced Security: Multi-hash layers make it difficult to manipulate or compromise the blockchain.
โก Energy Efficiency: Lower power consumption compared to many older PoW algorithms.
๐ ๏ธ ASIC-Resistance (Initially): Supports GPU mining, allowing more individuals to participate.