Equihash

The Equihash algorithm is used in mining cryptocurrencies like Zcash, Pirate and Komodo. The equihash algorithm makes the calculations safer and more efficient. It is very much flexible and offers high efficiency for better mining output.

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Most of its focus is on memory, the algorithm’s resistance to ASICs, making it possible for more people to mine cryptocurrency and participate in the network. Another fact regarding the Equihash algorithm is that it uses the Proof of Work(PoW) mining. Equihash gives good results when performed on a CPU, but with GPU, the results are even better and most reliable. About renZEC REN Tokenized ZEC Once an asset is in the custody of RenVM, an ERC20 token at a 1:1 value is minted on Ethereum - this can then be used as any ERC20 can within the Ethereum ecosystem (for example, swaps, collateralization, trades etc.)