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Author Topic: How are non-BTC SHA256 altcoins different from one another?  (Read 89 times)
wunderkrakon (OP)
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October 27, 2018, 11:24:41 PM
 #1

Hi folks,
There are many altcoins now.
Some use SHA256, some use Scrypt, etc.
But how do ones that use SHA256 in particular differ from one another?
I have a feeling the difference is rather trivial and meaningless.
Can anyone explain it in technical terms?
Thanks.
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alko89
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October 29, 2018, 12:58:32 PM
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BTC coins can differ quite a lot from each other, even though they use the same hashing algorythm.
LTC has smaller block time and larger cap, PIVX is 100% PoS with governance and zerocoin. These are two examples that are both forks of BTC that work quite different than BTC.
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October 29, 2018, 01:04:41 PM
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Most of them are the same and each coin wants to find a special term for same shit for marketing manner.
Encryption technology and science enough for now but, we need innovation on consensus protocols.
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October 29, 2018, 01:37:41 PM
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But how do ones that use SHA256 in particular differ from one another?
I have a feeling the difference is rather trivial and meaningless.
Can anyone explain it in technical terms?

Some can have a different number for maximum coins.
Some can have bigger blocks.
Some can have faster blocks.
Some may not have SegWit.
Some may have different emission curve.
One can even make a new Ethereum like platform with SHA256 as hashing algo.

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