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crypto-rainbow (OP)
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April 25, 2014, 11:05:55 PM
 #1
With Bitcoin and so many alt coins, we see many hash algorithms, I'd like to see what is your opinions on which is the best algorithm?
- SHA-256
- SHA-1
- SHA-3
- Scrypt
- X11
-...
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odolvlobo
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April 26, 2014, 12:15:45 AM
 #2
There is no best algorithm because all are sufficiently secure. Also, the fact that (for example) scrypt is slower that SHA-256 doesn't make it any better or worse.
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byt411
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April 26, 2014, 12:36:12 AM
 #3
You might say that one is "better" if it is more ASIC resistant, but that still depends if you think that ASICS are good or bad.
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April 26, 2014, 12:46:58 AM
 #4
Best is completely subjective and opinionated. There is no best - choose one which suits your needs more appropriately than the others.
maurya78
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April 26, 2014, 03:01:16 AM
 #5
Horses for Courses. Pick the one you need for the job.
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PerrythePlatypus
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April 26, 2014, 04:08:05 AM
 #6
I my opinion, i believe all of them are the best, since they are all secure.
Soappa
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April 26, 2014, 10:23:06 AM
 #7
For sha-1, weaknesses have been found so I wouldn't pick it as the best.

You can pick anyone of the rest as the best, depending on your goals.
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Omikifuse
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April 26, 2014, 01:14:14 PM
 #8
scrypt-n and x11 is the best Smiley
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April 26, 2014, 01:33:49 PM
 #9
Quote from: Omikifuse on April 26, 2014, 01:14:14 PM
scrypt-n and x11 is the best Smiley

uhm no quarks algo is better than x11, it has randomness hashing besides multiple hashing, x11 doesn't have that
PerrythePlatypus
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April 26, 2014, 01:37:43 PM
 #10
Quote from: Soappa on April 26, 2014, 10:23:06 AM
For sha-1, weaknesses have been found so I wouldn't pick it as the best.

You can pick anyone of the rest as the best, depending on your goals.
Are you sure theres even a sha1 coin?
byt411
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April 26, 2014, 01:43:39 PM
 #11
Quote from: PerrythePlatypus on April 26, 2014, 01:37:43 PM
Quote from: Soappa on April 26, 2014, 10:23:06 AM
For sha-1, weaknesses have been found so I wouldn't pick it as the best.

You can pick anyone of the rest as the best, depending on your goals.
Are you sure theres even a sha1 coin?

There is, lol.
https://cryptocointalk.com/topic/6870-sha1coin-sha-information/
PerrythePlatypus
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April 26, 2014, 01:52:02 PM
 #12
Quote from: byt411 on April 26, 2014, 01:43:39 PM
Quote from: PerrythePlatypus on April 26, 2014, 01:37:43 PM
Quote from: Soappa on April 26, 2014, 10:23:06 AM
For sha-1, weaknesses have been found so I wouldn't pick it as the best.

You can pick anyone of the rest as the best, depending on your goals.
Are you sure theres even a sha1 coin?

There is, lol.
https://cryptocointalk.com/topic/6870-sha1coin-sha-information/
I don't think it can be exploited though...
foodies123
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April 26, 2014, 01:59:08 PM
 #13
why not all ?
nope
PerrythePlatypus
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April 26, 2014, 02:00:21 PM
 #14
Quote from: foodies123 on April 26, 2014, 01:59:08 PM
why not all ?
I agree unless you say about ASICs. Its just a matter of time if an asic can be developed.
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April 26, 2014, 02:18:53 PM
 #15
Groestl is the best Grin
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