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Author Topic: Most popular algo for an altcoin  (Read 523 times)
corona (OP)
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April 24, 2015, 12:25:23 AM
 #1

What is the most popular altcoin algorithm right now?

Thanks
JackRipper
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April 24, 2015, 12:31:30 AM
 #2

I doubt that it's the most popular algorithm, but sha256 seems to be making a comeback.

If you measure popularity by total hashrate, scrypt is still the most popular algorithm for an alt.

tromp
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April 24, 2015, 01:06:23 AM
 #3

What is the most popular altcoin algorithm right now?

Thanks

Hashcash, by far.

http://hashcash.org/
Icardi09
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April 24, 2015, 12:57:49 PM
 #4

SHA-256 for sure, it was the first and bitcoin is has biggest marketplace in cryptocurrency
2nd is scrypt and followed by X11/X13 and many more
TheMystic
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April 24, 2015, 01:09:55 PM
 #5

SHA-256 for sure, it was the first and bitcoin is has biggest marketplace in cryptocurrency
2nd is scrypt and followed by X11/X13 and many more

No. Bitcoin isn't an alt. He was asking about alts. Scrypt is still the most popular alt algo.

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gjhiggins
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April 24, 2015, 01:33:09 PM
Merited by Alex_Sr (1)
 #6

Scrypt is still the most popular alt algo.

Sorta ...

2014-10x13
9
x15
8
scry
18
x11
12
quar
1
unkn
1
prim
1
myri
2
SHA2
9
shan
1
fres
1
nist
2
SHA3
1
prim
1
BLAK
1
nxt
3
Skei
1
x14
2
cryp
1
3s
1
2014-11scry
21
x13
17
x11
17
unkn
2
x15
4
SHA2
12
yesc
1
mome
1
x14
1
nove
1
scry
1
2014-12x11
14
scry
13
x13
9
SHA2
4
nist
1
3s
1
fres
1
Whir
1
mome
1
myri
1
cryp
2
x15
1
SHA3
1
2015-01SHA2
9
x13
4
scry
18
x11
8
x14
1
x15
1
cryp
1
lyra
1
2015-02x11
16
scry
10
SHA2
7
x13
5
pluc
2
SHA3
1
2015-03SHA2
14
x11
12
x13
4
scry
17
myri
1
fres
1
cryp
1
qubi
2
heft
1
pluc
1
2015-04SHA2
5
scry
11
x11
9
x13
2
nxt
1
x15
1

(stats taken from DOACC entries for altcoin launches by month, rows truncated to last 7 mths, several entries yet to be reflected in 2015-04)

Cheers

Graham

Edit: added description of data
BillyBobZorton
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April 24, 2015, 01:53:33 PM
 #7

What is the most popular altcoin algorithm right now?

Thanks

I would say SHA256 is making a reasonable comeback after all the stupid trends of "let's pick some exotic algo to make our coin more interesting than BTC phase. Scrypt is still strong and popular because of how easy to mine it is.
Icardi09
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April 26, 2015, 03:07:37 AM
 #8

SHA-256 for sure, it was the first and bitcoin is has biggest marketplace in cryptocurrency
2nd is scrypt and followed by X11/X13 and many more

No. Bitcoin isn't an alt. He was asking about alts. Scrypt is still the most popular alt algo.
Ohh sorry,  i though he ask for overall cryptocurrency Cheesy
With bitcoin out of list, I think scrypt is the most popular altcoin
Although X13 / X15 getting more popular recently Grin
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