What is Shaicoin?

Symbol: SHA · Market cap rank: #5346

Short answer

Shaicoin (SHA) is a cryptocurrency currently ranked #5346 by market capitalisation.

Source: isthiscoinascam.com

Overview

Shaicoin is a cryptocurrency launched as a fork of Bitcoin, focusing on decentralized mining. It utilizes the ShaiHive mining algorithm, which incorporates modified original CPU mining code from Bitcoin Core v0.12.0.

The ShaiHive algorithm features a Hamiltonian graph certificate in the block header, designed to enhance the integrity and fairness of the mining process by introducing a "nonce selection speed bump." Further technical details, such as supply cap and governance model, are not specified.

Scam-risk analysis

Shaicoin has a moderate score — some risk signals were raised but no critical concerns. Is Shaicoin a scam?

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