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Considering all this and to create a more viable solution to block ASICs; Ravencoin introduced X16R. X16R is a Proof of Work hashing algorithm designed by and for Ravencoin. The hashing algorithm used in X16R is the same 15 algorithms used in X15 model + SHA512.What is the x11x16r algorithm?
X16R is a hashing algorithm, which is based on the classic X11. It uses sixteen chained hashing algorithms in an effort to thwart the move to ASIC mining.What are the best x16r coins?
The most well-known coin to implement X16R is Ravencoin (RVN), for which this algorithm was initially created, though the algorithm is a descendent of X11, initially created for use with Dash (DASH). Compared to Ethereum and Monero, the prominence of Ravencoin in the mainstream mining world is relatively new.Is there an x16r algorithm for ravencoin?
While currently there are no ASICs for these algorithms building one doesn’t take much time as they all use same sequence of hashing algorithm as X11 with only few additional algorithms chained together. Considering all this and to create a more viable solution to block ASICs; Ravencoin introduced X16R.