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  2. Oct 7, 2023 · The choice of algorithm can influence the security, efficiency, and profitability of mining. Enter the X11 algorithm. As one of the many algorithms in the crypto space, X11 has garnered attention for its unique structure and benefits, which we’ll explore in-depth in the subsequent sections.

  3. Dec 21, 2023 · X11 is an algorithm for mining cryptocurrency which uses 11 different hash functions. X11 algorithm is more complicated than a SHA -256 in Bitcoin, which prevented the use of ASIC miners for a time.

  4. The X11 algorithm is the soul of Dash, a mining algorithm that offers a good balance of security and energy efficiency.

  5. Oct 8, 2023 · One such algorithm that has garnered significant attention and respect in the crypto community is X11. This section aims to provide a comprehensive introduction to X11 mining, shedding light on its history, significance, and the balance it strikes between security and energy efficiency. A Brief History of X11.

    • Dash (DASH) – X11 Coin
    • Paccoin
    • Polis
    • MonetaryUnit
    • Happycoin
    • CannabisCoin
    • Pura
    • Monoeci
    • Capricoin
    • Transfercoin
    Website: https://www.dash.org/
    Announcement: https://bitcointalk.org/index.php?topic=421615.0
    Website:http://paccoin.net/
    Announcement:https://bitcointalk.org/index.php?topic=3047868
    Website:https://polispay.org/
    Announcement:https://bitcointalk.org/index.php?topic=2627897.0
    Website:http://www.monetaryunit.org/
    Announcement:https://bitcointalk.org/index.php?topic=778322.0
    Website:http://happycointech.org/
    Announcement:https://bitcointalk.org/index.php?topic=1859071.0
    Website:http://cannabiscoin.net/
    Announcement:https://bitcointalk.org/index.php?topic=827998.0
    Website:http://mypura.io/
    Announcement:https://bitcointalk.org/index.php?topic=2129477.0
    Website:http://www.monacocoin.net/
    Announcement:https://bitcointalk.org/index.php?topic=2083054
    Website:http://capricoin.org/
    Announcement:https://bitcointalk.org/index.php?topic=1570021.0
    Website:http://txproject.io/
    Announcement:https://bitcointalk.org/index.php?topic=1203975.0
  6. Oct 3, 2023 · At its core, the X11 algorithm is a proof-of-work hashing function. This means that it plays a crucial role in validating and verifying transactions within a blockchain. Unlike other algorithms that rely on a single hashing function, X11 is unique in its use of not one, but eleven distinct hash functions.

  7. The X11 algorithm is a popular hashing algorithm used in cryptocurrencies such as Dash. It combines a sequence of eleven different hash functions to provide a high level of security and resistance to ASIC mining, promoting a more decentralized mining ecosystem. Updated every 5 minutes. Last update : Wednesday, Sep 25, 2024 at 02:55.