RandomX is a proof-of-work (PoW) algorithm that is optimized for general-purpose CPUs. RandomX uses random code execution (hence the name) together with several memory-hard techniques to achieve the following goals:
The structure of the VM mimics the components that are found in a typical general purpose computer equipped with a CPU and a large amount of DRAM. The scratchpad is designed to fit into the CPU cache. The first 16 KiB and 256 KiB of the scratchpad are used more often take advantage of the faster L1 and L2 caches. The ratio of random reads from L1/L2/L3 is approximately 9:3:1, which matches the inverse latencies of typical CPU caches.
The VM executes programs in a special instruction set, which was designed in such way that any random 8-byte word is a valid instruction and any sequence of valid instructions is a valid program. For more details see [RandomX ISA documentation](doc/isa.md). Because there are no "syntax" rules, generating a random program is as easy as filling the program buffer with random data. A RandomX program consists of 256 instructions. See [program.inc](src/program.inc) as an example of a RandomX program translated into x86-64 assembly.
Calculating a RandomX hash consists of initializing the 2 MiB scratchpad with random data, executing 8 RandomX loops and calculating a hash of the scratchpad.
Hash of the register state after 2048 interations is used to initialize the random program for the next loop. The use of 8 different programs in the course of a single hash calculation prevents mining strategies that search for "easy" programs.
RandomX uses the [Blake2b](https://en.wikipedia.org/wiki/BLAKE_%28hash_function%29#BLAKE2) cryptographic hash function. Special hashing functions based on [AES](https://en.wikipedia.org/wiki/Advanced_Encryption_Standard) encryption are used to initialize and hash the scratchpad.
However, to allow hash verification on devices that cannot store the whole 4 GiB dataset, RandomX allows a time-memory tradeoff by using just 256 MiB of memory at the cost of 16 times more random memory accesses. See [Dataset initialization](doc/dataset.md) for more details.
RandomX was designed to be efficient on CPUs. Designing an algorithm compatible with both CPUs and GPUs brings too many limitations and ultimately decreases ASIC resistance. CPUs have the advantage of not needing proprietary drivers and most CPU architectures support a large common subset of primitive operations.
### Does RandomX facilitate botnets/malware mining or web mining?
Quite the opposite. Efficient mining requires 4 GiB of memory, which is very difficult to hide in an infected computer and disqualifies many low-end machines. Web mining is nearly impossible due to the large memory requirement and the need for a rather lengthy initialization of the dataset.
RandomX uses only operations that are guaranteed to give correctly rounded results by the [IEEE 754](https://en.wikipedia.org/wiki/IEEE_754) standard: addition, subtraction, multiplication, division and square root. Special care is taken to avoid corner cases such as NaN values or denormals.