NeoScrypt is an ASIC resistant Proof-of-Work algorithm designed to replace Scrypt that was announced in June 2014. Neoscrypt was developed as an improvement to the Scrypt algorithm and password-based derivation function (KDF). NeoScrypt was made to increase the security, performance, and costs associated with the Scrypt algorithm. Miners capable of mining cryptocurrencies using NeoScrypt include the NeoScrypt OpenCL GPU Miner, Claymore’s NeoScrypt AMD GPU Miner, and ccMiner. The first three cryptocurrencies to begin using NeoScrypt were UFO, Feathercoin, and VIVO. VIVO adopted the NeoScrypt algorithm as a method of improving the DASH cryptocurrency which uses the Scrypt algorithm.
NeoScrypt cryptocurrencies
The following cryptocurrencies are using NeoScrypt:
- BollywoodCoin (BDC)
- Cerberus (CBS)
- CrowdCoin (CRC)
- DesireCoin (DESIRE)
- Dinero (DIN)
- Feathercoin (FTC)
- GoByte (GBX)
- GunCoin (GUN)
- Halcyon (HAL)
- ImperialCoin (IPC)
- InnovaCoin (INN)
- Orbitcoin (ORB)
- Pheonixcoin (PXC)
- Sigil (SGL)
- Sparks (SPK)
- Trezarcoin (TZC)
- Tune (TUNE)
- UFOcoin (UFO)
- Vivocoin (VIVO)
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