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Glossary

Algorithm

The specific proof-of-work function a coin is mined with.

A mining algorithm is the exact computation a coin requires to produce a block. Different coins use different algorithms, which is why hardware that mines one coin may be useless for another.

Pearl, for example, uses pearlhash, built on Proof of Useful Work: instead of a throwaway hash it performs real matrix computation proven with a zero-knowledge proof. Quantus uses QPoW, built on the Poseidon2 hash.

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