Cryptocurrency Q&A What is the CryptoNight algorithm?

What is the CryptoNight algorithm?

Alessandro Alessandro Mon Jan 27 2025 | 6 answers 1528
The CryptoNight algorithm is a memory-hard hash function designed for CPU and GPU mining. It aims to resist ASIC mining and prevent mining centralization. The algorithm uses a combination of hashing functions, including CryptoNight and Keccak, and revolves around the Advanced Encryption Standard (AES). CryptoNight is known for its privacy features, scalability, and efficiency, making it a popular choice for certain cryptocurrencies. What is the CryptoNight algorithm?

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