Golden
X11

X11

Algorithm developed by Evan Duffield in order to prevent centralization in cryptocurrency mining that occurs due to specialized hardware such as ASICs.

X11 is an algorithm developed by Evan Duffield in order to prevent centralization in cryptocurrency mining that occurs due to specialized hardware such as ASICs. The '11' in X11 represents the 11 scientific hashing algorithms that are sequenced together for X11 to serve as the basis for a proof-of-work system.



X11 was developed in 2014 and used by multiple blockchain networks including Dash, Pura, and CannabisCoin. Many more advanced versions of the algorithm have been developed and employed by other blockchain networks since, include X12, X13, X14, X15, X16R, and X17.

Timeline

People

Name
Role
Related Golden topics

Creator

Dash

Further reading

Title
Author
Link
Type







Documentaries, videos and podcasts

Title
Date
Link





Companies

Company
CEO
Location
Products/Services