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Title: Is Anti ASIC cryptography possible? Post by: PHaRTnONu on November 27, 2017, 03:22:22 AM sorry to ask i haven't read a cryptography book in years and im just getting back into it and wanted to ask some people who i would assume have the answer before i delve to hard into it.
is it possible to build a system that is ANTI asic ? by system i mean a block chain architecture. Would using something as in the dash system master node's as the voting tool with Smart contract enforcement from mining pool's if a failure from master nodes inaction to change the cryptography solution to anti asic the reasons are i really dislike giant corporations coming into the space with powerful miners they build for them self and sell to users after they achieve market supremacy is very disturbing for something that is supposed to be DECENTRALIZED .... thanks for the feed back in advance (edit; changed ascii to asic, LOL cant believe I wrote ascii :o ;D :-\ ;D ) Title: Re: Is Anti ASCII cryptography possible? Post by: sylance on November 27, 2017, 03:44:58 AM I think you mean, ASIC; Application Specific Integrated Circuit.
I had a similar question as that was the primary value prop for Bitcoin Gold. My understanding is that any coin that relies on mining with computational horsepower is vulnerable to the ASIC intrusion... and thus the eventual centralization within mining groups. I've heard that algorithms that rely on memory size are less vulnerable but even then I think it can still be attacked by ASIC's. I'd love to hear some of those who are more experienced in this area though. What stops any PoW coin from the eventual ASIC intrusion. |