Title: 2018-04-12 Coindesk - The Anti-ASIC Revolt Post by: TheIrishman on April 12, 2018, 07:54:21 PM The Anti-ASIC Revolt: Just How Far Will Crypto's War On Miners Go?
https://www.coindesk.com/anti-asic-revolt-just-far-will-cryptos-hardware-war-go (https://www.coindesk.com/anti-asic-revolt-just-far-will-cryptos-hardware-war-go) << Can public cryptocurrencies stay public? That's the simple question that lies at the heart of a complex debate happening across major cryptocurrencies, where developers from projects as diverse as ethereum, monero and zcash are up in arms over what to do about the arrival of a new form of hardware that could upend the delicate balance of their distributed communities. Designed specifically to enable operators to earn a greater share of their networks' rewards, "application specific integrated circuits," or ASICs, have emerged to mine a handful of cryptocurrencies that were previously only able to be secured by those using GPU hardware. At stake, however, is the very access and openness of the protocols themselves. >> Title: Re: 2018-04-12 Coindesk - The Anti-ASIC Revolt Post by: DooMAD on April 12, 2018, 11:25:58 PM It's fine to have a conversation about it, as long as people remember that it's not the simplest of issues (https://bitcointalk.org/index.php?topic=3286898.msg34555912#msg34555912). There's no magic bullet that remedies the situation and lots of potential outcomes that could conceivably be far worse than the situation we're currently in. ASICs are a consequence of supply and demand. Now we know they're possible, that demand will never go away. Don't start a "war" unless you're prepared for the inevitable casualties.
Title: Re: 2018-04-12 Coindesk - The Anti-ASIC Revolt Post by: bbc.reporter on April 13, 2018, 12:49:36 AM I reckon the Monero development team said it best. They would support ASICs only if their production was commoditized. Meaning, if given no choice, they would switch to a mining algorithm where it would be easy to create and produce ASIC chips for it. They want easy access for all manufacturers while trying to avoid a Bitmain centralization type scenario.
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