Cryptocurrency Q&A
What algorithm does ETC use?
What algorithm does ETC use?
CryptoAlchemy
Mon Dec 30 2024
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7 answers
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I'm curious about the algorithm that Ethereum Classic (ETC) uses. I know different cryptocurrencies adopt different algorithms and I want to understand the specific one ETC relies on.
7 answers
MysticStar
Tue Dec 31 2024
These calculations are aimed at creating new blocks within the blockchain.
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Bianca
Tue Dec 31 2024
By solving these complex problems, miners prove their dedication and work to the network.
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Carlo
Tue Dec 31 2024
The technology driving ETC is sophisticated and robust.
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EnchantedSky
Tue Dec 31 2024
Once a transaction has been added to a block and verified, it becomes immutable.
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CryptoWizardry
Tue Dec 31 2024
It employs the Proof of Work consensus algorithm, a method widely regarded in the cryptocurrency world.
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