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First Dimension - SHA-256 is a critical computational hash function that uses video cards and high logical capacity computers to guarantee the security, authentication and operation of the entire Proof of Work system of some cryptocurrencies such as Bitcoin, Bitcoin cash, BitcoinSV and Syscoin.
Second Dimension - SCRYPT - this cryptographic system is very similar to the previous one but it was chosen by other cryptocurrencies for being resistant to mining using video cards, and so after the success of Litecoin, it dragged many new cryptocurrencies for being of lower cost for production. This system uses the crypts: Litecoin, DigiByte, Dogecoin among others.
Third Dimension - ETHASH- This system is used by Ethereum, it has the same objective in relation to security. However, its cost is lower because it uses more computer memory and less logical drives. Unlike SHA-256, which uses the logic part more. In practice this means that anyone with their computer can mine Ehtereum for the network, needing only to prove that they have the amount mined. The well-known Proof of stake. Thus, making the whole process cheaper. The cryptos use this system: Ethereum, Ethereum classic. If you liked this article leave your like. And if you want to mine and earn Bitcoin, Litecoin, Syscoin, Digibyte, Dogecoin, Ethereum and others in one place.
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