Karlsenhash is the proof-of-work algorithm employed by the Karlsen cryptocurrency. It’s a memory-intensive hashing algorithm based mostly on the heavyhash algorithm and makes use of SHA-3. This implies a big quantity of RAM is required for environment friendly mining. The reminiscence depth serves to make the community extra ASIC-resistant, as the event and deployment of ASICs with huge quantities of high-speed RAM is a fancy and expensive endeavor. The SHA-3 basis gives a well-understood cryptographic primitive upon which to construct the mining course of.
The adoption of this algorithm is essential for fostering a extra decentralized mining ecosystem. By growing the barrier to entry for specialised {hardware}, it ranges the enjoying subject, permitting for broader participation from miners utilizing available {hardware} parts like GPUs and CPUs. This design choice goals to forestall the focus of mining energy within the palms of some massive entities, thus enhancing the safety and resilience of the community. The historic context includes a aware effort to maneuver away from algorithms which can be simply dominated by ASICs.
