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Author Topic: for you guys WHAT IS THE ALGORITHM OF BITCOIN  (Read 458 times)
raymart0720
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August 15, 2017, 11:42:58 PM
 #1

let me know guyzz how algorithm of BTC works and how can we beat that or maybe go with it??
because huge earner i guess beat that Huh

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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anon4250158
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August 16, 2017, 12:15:22 AM
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Bitcoin uses the SHA-256 hash as the proof of work algorithm (read a little about it here: https://en.bitcoin.it/wiki/Proof_of_work).  ASICs have been made that can perform hashes much faster than CPUs and GPUs, which is why new altcoins tend to use other hashing algorithms like scrypt, x11, x13, etc that are harder to perform at a hardware level.  Other than that, I'm not really understanding what you're asking here.

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raymart0720
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August 16, 2017, 12:58:34 AM
 #3

thank you vey much man your the best using scripts and programing like that is one of the coolest and yet working for bitcoin amazing

williamevanl
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August 16, 2017, 02:19:30 AM
 #4

let me know guyzz how algorithm of BTC works and how can we beat that or maybe go with it??
because huge earner i guess beat that Huh

lol, dumbest post I've ever seen on here... Well done.
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August 16, 2017, 02:33:19 AM
 #5

let me know guyzz how algorithm of BTC works and how can we beat that or maybe go with it??
because huge earner i guess beat that Huh

thank you vey much man your the best using scripts and programing like that is one of the coolest and yet working for bitcoin amazing

What's going on in this post lmao  Grin, what are you even trying to say  Huh ?
No offence but if i threw my cat over the keyboard it would construct a better sentence than you  Tongue

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September 02, 2017, 09:29:36 PM
 #6

Cmon, he is just excited that's all ! Welcome to the community OP.
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September 03, 2017, 08:07:45 PM
 #7

I think he wants to know if you can reproduce the same algorithm bitcoin uses. The answer is yes you can and there already exist other coins sharing bitcoins algorithm called Sha256 as explain by the second poster. Beating sha256 ? It's not something that you can beat is a method of doing Something. Google "algorithm" to know more.

So I think you wanting to make a coin. There already many coins and you nowhere near ready to make one yet.


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