Cryptocurrency Q&A What is the algorithm of Bitcoin Cash?

What is the algorithm of Bitcoin Cash?

ShintoSpirit ShintoSpirit Thu Dec 05 2024 | 5 answers 650
I'm curious about the algorithm that powers Bitcoin Cash. I want to understand the specific technology or set of rules that this cryptocurrency uses to secure transactions and maintain its network. What is the algorithm of Bitcoin Cash?

5 answers

Caterina Caterina Sat Dec 07 2024
The similarity in hashing algorithms is due to the fact that both cryptocurrencies share the same blockchain genesis.

Was this helpful?

174
20
BitcoinBaroness BitcoinBaroness Sat Dec 07 2024
Bitcoin Cash (BCH) employs the SHA-256 hashing algorithm in its operations.

Was this helpful?

114
78
Alessandra Alessandra Sat Dec 07 2024
This hashing algorithm is identical to the one utilized by Bitcoin (BTC).

Was this helpful?

165
86
Nicolo Nicolo Fri Dec 06 2024
This shared origin means that they have a common historical and technical background.

Was this helpful?

138
62
isabella_oliver_musician isabella_oliver_musician Fri Dec 06 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services related to digital currencies.

Was this helpful?

59
92

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts