Collection: Scrypt

Scrypt is a cryptographic hash function and proof-of-work mining algorithm primarily known for being used in cryptocurrencies like Litecoin and Dogecoin. It was designed to be memory-intensive, making it more resistant to ASIC miners when compared to algorithms like SHA-256, which is used in Bitcoin mining. This resistance to specialized hardware aimed to promote greater decentralization by allowing general-purpose hardware, such as CPUs and GPUs, to compete effectively.

Scrypt's memory-hard nature requires more computational resources and memory, making it more difficult and expensive to develop ASICs for mining, though over time, ASIC miners for Scrypt have emerged. Despite this, Scrypt remains a popular algorithm for altcoins due to its energy efficiency and continued support for mining on different hardware types.