How are non-BTC SHA256 altcoins different from one another?

NeuroticFish

legendary

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Quote from: wunderkrakon on October 27, 2018, 06:24:41 PM

But how do ones that use SHA256 in particular differ from one another?
I have a feeling the difference is rather trivial and meaningless.
Can anyone explain it in technical terms?

Some can have a different number for maximum coins.
Some can have bigger blocks.
Some can have faster blocks.
Some may not have SegWit.
Some may have different emission curve.
One can even make a new Ethereum like platform with SHA256 as hashing algo.

nthere

member

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Merit: 11

Most of them are the same and each coin wants to find a special term for same shit for marketing manner.
Encryption technology and science enough for now but, we need innovation on consensus protocols.

alko89

jr. member

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BTC coins can differ quite a lot from each other, even though they use the same hashing algorythm.
LTC has smaller block time and larger cap, PIVX is 100% PoS with governance and zerocoin. These are two examples that are both forks of BTC that work quite different than BTC.

wunderkrakon

newbie

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Merit: 0

Hi folks,
There are many altcoins now.
Some use SHA256, some use Scrypt, etc.
But how do ones that use SHA256 in particular differ from one another?
I have a feeling the difference is rather trivial and meaningless.
Can anyone explain it in technical terms?
Thanks.

Topic: How are non-BTC SHA256 altcoins different from one another? (Read 107 times)