Ethash

Ethash is a PoW(Proof of Work) algorithm widely used in the Ethereum blockchain and other cryptocurrencies based on the Ethereum network. It works on memory as it is mainly dependent on memory for running the computations.

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It is nothing but a variant of SHA3 Hash which is known as Keccak-256. It reduces mining difficulty by increasing efficiency. Ethash has proven to be an effective algorithm for maintaining a decentralized network. Ethash algorithm best works with ETC/ETH miners; you can use it for mining Ethereum cryptocurrencies.

What Is Ethereum Classic (ETC)?

Ethereum Classic (ETC) is the original Ethereum (ETH) blockchain that launched in July 2015. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). Its native token is ETC.

Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time.

Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH.