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metalbean (OP)
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July 09, 2017, 04:27:28 AM |
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Why did Vitalik use a self-customized hash algorithm when ethereum could have picked battle tested algo eg SHA-2, Keccak etc.
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benthach
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Activity: 1764
Merit: 1000
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July 09, 2017, 04:35:02 AM |
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because it would give scam eth more hype and sound original, even if it edit other algo and give it own name.
This is how butterin vetnlick come about with ethoreium, took nick szabo smart contracts idea then hire gav wood to code it. Why I always said this ugly crook is the toxic of this crypto, copy people ideas then claimed his own and make billions even if this scam is broken or he have no clue about it
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reddit btcwriter1 - twitter kingpininvestor
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metalbean (OP)
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July 09, 2017, 05:08:45 AM |
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because it would give scam eth more hype and sound original, even if it edit other algo and give it own name.
This is how butterin vetnlick come about with ethoreium, took nick szabo smart contracts idea then hire gav wood to code it. Why I always said this ugly crook is the toxic of this crypto, copy people ideas then claimed his own and make billions even if this scam is broken or he have no clue about it
out of curiosity, which algo did he modify from? |
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Herbert2020
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Activity: 1946
Merit: 1137
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July 09, 2017, 05:56:25 AM |
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you will never get any technical answers regarding ethereum around here (unless i come around  ) everyone here is either hating ethereum (including me) or are shills who are only advertising ethereum regarding its price to make more money from it or possibly even get paid for shilling. and here is the answer to your question: https://github.com/ethereum/wiki/wiki/Ethash-Design-Rationale |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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benthach
Legendary
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Activity: 1764
Merit: 1000
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July 09, 2017, 06:33:12 AM |
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because it would give scam eth more hype and sound original, even if it edit other algo and give it own name.
This is how butterin vetnlick come about with ethoreium, took nick szabo smart contracts idea then hire gav wood to code it. Why I always said this ugly crook is the toxic of this crypto, copy people ideas then claimed his own and make billions even if this scam is broken or he have no clue about it
out of curiosity, which algo did he modify from? it a modified of SHA3 with the touch of Keccak, we can say it a product of SHA3 and Keccak Nothing with eth is original, Butterin able to manipulated and make everything sound larger than life |
reddit btcwriter1 - twitter kingpininvestor
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Herbert2020
Legendary
Offline
Activity: 1946
Merit: 1137
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July 09, 2017, 06:43:06 AM |
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because it would give scam eth more hype and sound original, even if it edit other algo and give it own name.
This is how butterin vetnlick come about with ethoreium, took nick szabo smart contracts idea then hire gav wood to code it. Why I always said this ugly crook is the toxic of this crypto, copy people ideas then claimed his own and make billions even if this scam is broken or he have no clue about it
out of curiosity, which algo did he modify from? it a modified of SHA3 with the touch of Keccak, we can say it a product of SHA3 and Keccak Nothing with eth is original, Butterin able to manipulated and make everything sound larger than life Ethash is the proof of work algorithm and should not be confused with Keccak-256 which is a derivation of SHA3 (because it uses a different padding) and is a hash function which is used internally in places like when making hashes for block headers, when making hashes of things in Solidity contract |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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mining1
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July 09, 2017, 09:08:59 AM |
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@metalbean Look what sha-256 is doing to bitcoin. Centralised in china. If xi jinping says he doesn't like bitcoin, then bitcoin drops like a rock. Because he can pull the plug.
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metalbean (OP)
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July 09, 2017, 02:12:57 PM |
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because it would give scam eth more hype and sound original, even if it edit other algo and give it own name.
This is how butterin vetnlick come about with ethoreium, took nick szabo smart contracts idea then hire gav wood to code it. Why I always said this ugly crook is the toxic of this crypto, copy people ideas then claimed his own and make billions even if this scam is broken or he have no clue about it
out of curiosity, which algo did he modify from? it a modified of SHA3 with the touch of Keccak, we can say it a product of SHA3 and Keccak Nothing with eth is original, Butterin able to manipulated and make everything sound larger than life Ethash is the proof of work algorithm and should not be confused with Keccak-256 which is a derivation of SHA3 (because it uses a different padding) and is a hash function which is used internally in places like when making hashes for block headers, when making hashes of things in Solidity contract Thanks for the explanation. Ethash is used to the PoW (just like SHA256 is used for Bitcoin), why didn't ethereum picked something familiar for the PoW algorithm instead. |
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systemv
Member
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Activity: 84
Merit: 10
StuffGoGo Developer
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July 09, 2017, 07:28:29 PM |
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Notably this is one of the few algos that being implemented on Cuda produce least heat. But that I guess is just pleasant accidental byproduct  |
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bustedsynx
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July 09, 2017, 07:32:11 PM |
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@metalbean Look what sha-256 is doing to bitcoin. Centralised in china. If xi jinping says he doesn't like bitcoin, then bitcoin drops like a rock. Because he can pull the plug.
Kinda similar to the situation today: Miners vs users. |
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