Bitcoin Forum

As of current state, what is the most ASIC/FPGA resistant algo?

I am conducting some research on proof of work algorithms for a future crypto related project and would like to hear from the community, based on your opinion, which algo is the most "GPU miner friendly"?

 :)

Apparently Neoscrypt will be for GPUs and have long-term ASIC resistance, but the GPU mining software isn't done so it's not released yet. Other than that, I couldn't say for sure.

I dont get it, why is neoscrypt more ASIC resistance then other algo? what about x11 and so on..

Cool, I will take a look into Neoscrypt. Have not heard of this one before.

XPM(primecoin)

Probably CryptoNight (https://en.bitcoin.it/wiki/CryptoNight).

It's not. It's less resistant than scrypt, by virtue of dramatically reducing the memory requirements, which was scrypt's "difficult to parallelize" feature.

The only reason that it's likely to be FPGA/ASIC resistant is obscurity.

burst (http://burstcoin.info/)

its asic resistant, bot-net resistant, gpu-resistant, cpu-resistant
what you need is free space on your storage, it does not even consume electricity more than hundreds watt or any cpu usage

On the instructions for BurstCoin it says that it can be mined with SHA-256 and SCRYPT miners... Any idea how that works? This is a really interesting concept.... Thanks for bringing this into the picture!

that is via multipool, so you mine SHA256 / scrypt coins, then those mined coins is sold into btc, and with that btc they buy Burst, this process is automatic via burst multipool

I don't like the idea of pumping and dumping currencies but BTC is the golden ticket....

Thanks, this seems interesting. Will take a deeper look into this algo

   Dont forget VTC and will change algo again in Dec to keep way from scrypt-N.

So you say NeoScrypt is less resistant to ASICs than Scrypt? -  ::)

It's less resistant from a technical perspective. I'd expect the gap between ASICs and GPU to be about 10x wider for neoscrypt, compared with scrypt.

From a practical perspective, only minor alts are going to be using neoscrypt, so there isn't going to be any significant money to be made; and more importantly, many of the coins using neoscrypt are switching from another algo. If they've switched algo once, they're probably going to switch again, so again ASICs won't be useful.

Neoscrypt also has big disadvantages, in that it is very slow for CPUs. This makes verifying the blockchain much slower, and may make it impractical for mobile devices which are power constrained.

If you want your coin to be ASIC resistant, then the easiest way to do it is to say that you will change the PoW algo when and if you feel like it. 

Lyra2

Maybe crytptonite and HEFTY1

Cuckoo Cycle.

The only proof-of-work mentioned here that can claim anywhere near the same resistance is Burst.

Could be Lyra2 .

no algo is ASIC Resistant.
most algos had been made FPGA, even crytptonite ,HEFTY1 and prime-series
a single FPGA chip,
for x11,X13,prime,FPGA is much faster then any GPU,
for memory-hard styles,such as scrypt,crytptonite,it is the same speed,but only 1/10  power,
currently,the only algo that fpga cannot fight back is HEFTY1,FPGA expert proved,it is only 158K per chip,but 290x is 28M, 980 is 40M

that's not obvious... was reading the paper yesterday, the algo is in essence gpu/fpga resistant (parallelization resistant... meaning the goal is to make brute force attack impossible), however it doesn't say anything about asic (could be exactly the same as scrypt-n)

so you know someone mining m7 cryptonite (xcn) with a fpga ? Not that it is particularly fpga resistant as the algo does 7 algo in parallel...

edit: you are probably talking about cryptonote  ;D