Keccak uses a sponge function which is cool but what benefits does keccak have over sha-256 for cryptography operations in the code? thanks
2 Answers
While Monero does not use Keccak for its hashing, one advantage of using CryptoNote is to prevent Monero from immediately being able to be mined by ASICs. There is tremendous investment in SHA-256 hashing because of Bitcoin's popularity, so using a less popular / more memory intensive standard allows Monero to be mined by the "common man"- at least until ASICs are developed.
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1monero does not use keccak as a pow. cryptonight is a bunch of random hash functions afaik, but i am referring to crypto operations in the monero code not the mining– samwelljCommented Dec 11, 2016 at 3:19
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@samwellj Yes, I should have clarified that monero does not use keccak. Commented Dec 12, 2016 at 2:40
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@DanielTernyak You can still edit your answer to clarify Commented Dec 20, 2016 at 18:26