click here if you want to see your banner on this site

Author Topic: Titan Technology is being upgraded to x21s Algorithm  (Read 134 times)

titanprojects1

  • Novice
  • *
  • Posts: 11
  • Karma: +0/-0
    • View Profile
Titan Technology is being upgraded to x21s Algorithm
« on: October 18, 2019, 07:25:28 AM »
Titan coin and blockchain were recently upgraded to the advanced X21s mining technology. Here’s all you need to know about it.

Titan coin is a community-backed blockchain project, which aims to establish a global payment system for secure, p2p digital transactions worldwide.

Titan employs a hybrid blockchain technology with both PoW and PoS systems to double the security and processing speed of transactions. Until now, the project was in the PoS phase, where the staking of titan coins was being performed. Now, we have entered the mining phase, where the mining of new titan coins has started.

To ensure a secure and transparent mining process, the Titan blockchain has been upgraded to the x21s technology. The more about the same you can read in this article.

What is X21s?

X21s is a GPU-friendly mining algorithm, which enables users to mine cryptocurrencies using GPU computing hardware. The technology might be further developed in the future based on the market/user demands.

Why titan blockchain uses X21s

X21s is a new mining hash (algorithm), which has been developed on the properties of X22i and X16s algorithms. It starts with the same 16 hash functions as the X16s and goes on to add 5 additional algorithms - haval256, gost512, tiger, lyra2, and sha256.

SHA-256 is a well-known cryptographic hash algorithm that generates a unique 256-bit (32-byte) hash (signature) for any text that is fed to it.

Lyra2 is an advanced hashing algorithm that makes titan blockchain more secure by making it nearly impossible to parallelize the algorithm, as each following step depends on the successful computation of the previous step.

GOST-512 is an improved hash function inspired by the GOST-256 cryptographic algorithm.

Haval-256 is a cryptographic hash function that produces encrypted hash in 256 bits. It allows users to select the rounds to produce the hash.

Tiger is a cryptographic hash function used for 64-bit platforms and generates a hash of 192-bit value.

Overall, the X21s algorithm makes titan coin mining more efficient and cost-effective by reducing the amount of electricity consumed and heat produced by GPUs during the process.

More development updates and upcoming announcements coming your way. Stay Tuned!

Telegram: https://t.me/TitanCoinOfficial

Website: https://titanprojects.co

Download New Wallet Here: https://github.com/titancoinproject/Titan/releases/download/1.0/titancoin-win64.zip

« Last Edit: October 18, 2019, 07:31:08 AM by titanprojects1 »

 

Bitcoin Garden 2013-2024, All rights reserved | Privacy Policy | DMCA | About Bitcoin Garden | Support & Services