Altcoins News
By Steven Anderson
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ETC Cooperative expressed, we're thrilled to report that Hyperledger Besu now supports Keccak-256 mining. This major milestone only marks the beginning of SHA3 + ETC.
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Implemented: - reliable Keccak mining - new ecip1049_dev network - needed specs + dev network for ecip1049 prep.
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For those who do not want technical explanations, it is enough to understand that Keccak is an algorithm used for mining in Ethereum Classic.
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For more clarity, Hyperledger Besu is an Ethereum client designed to be enterprise-friendly for both public and private permissioned network use cases.
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Enterprise, refers to the ability to create new projects or new businesses and make them successful.
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“Sha-3” in Ethereum refers to “Keccak-256”. Keccak-256 is an online hash function. Keccak (a form of SHA-3) is a relatively older algorithm that recently made a…
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For more clarity, keccak256 (bytes memory) returns (bytes32) − computes the Keccak-256 hash of the input.
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KeccaK-256 has an elegant design and clarity of construction with the ability to run well on different computing devices with higher performance in hardware than Sha-2, thus…
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Keccak-256 is far faster than Ethash and it is simply a hashing algorithm which does not need hardware to have immense memory requirements or a dag which needs to be exploited.
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Also, the good thing is that CPUs, FPGAs, ASICs, and GPUs can mine on Keccak-256. Also, it is very possible for the mining ecosystem to mature to be at par with Bitcoin…
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Thus, it contributes to enhanced security and productivity as it is well documented and open-source hardware designs are available.
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Also, the mainstream semiconductor companies which build chips are tested versus the Sha family of algorithms. The Sha-3 computing runs best on embedded systems.
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