Lyra2REv2 (RE – Reduced Efficiency | v2 – Version 2) is a revolutionary Proof of Work algorithm which is written by and for Vertcoin (VTC). Just like NIST5; Lyra2REv2 is also a chain based algorithm. It contains a series of hash functions and the 5 different hash algorithms that make up Lyra2REv2 are:

Blake, Keccak, Cubehash, LYRA2, Skein and Blue Midnight Wish (BMW).

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