Blake256R14

Built based on the Hash Iterative Framework (HAIFA), Blake256r14 addresses the security issues and complexities associated with the Merkle and Damgard hash function. Blake256r14 has 14 rounds of hashing as it increases the security and speed of iterative hash functions.
Moreover, experts and renowned crypto analysts reviewed Blake256r14 carefully by subjecting it to brutal attacks and ensuring it is free of security flaws. Furthermore, Blake256r14 enables efficient hardware implementation, encouraging the need for stronger proofs for network security.

However, Blake256r14 is not a widely used hashing algorithm in cryptocurrencies. The only cryptocurrency that uses the Blake256r14 algorithm is Decred.