Multi-Hash Mining

[shivansps]

I wonder that there is still no thread discussion about Multi-Hash mining exists.

What do you guys think about it? Is it a really fair solution for miners?

Like for example one of the solutions giving Zen Protocol, which I have been discovered few days ago.

"Multi-hash mining is our solution for aligning incentives between miners and users of the Zen Protocol. For each block, a miner can choose between one of several hash functions to use, each with its own difficulty. The Protocol has a target ratio between the blocks mined using these functions. If too many blocks are mined using a particular function, then its difficulty increases, reducing the efficiency of mining with that function. Token holders vote to adjust the target ratio, providing feedback on how they want the blockchain to be secured." - taken from their FAQ

And these things I discovered when we was talking in chat

There are multiple valid mining algorithms, with user-voting to change the target proportions of these algorithms. The set of algorithms will initially include mining algorithms for ASICs, GPUs, and CPUs.

Under multi-hash mining, if users were unhappy with ASICs dominating, then they would vote to increase the proportion of GPU or CPU mining algorithms.

Share your opinion.

Please don't consider it like some sort of advertisement. I have nothing to do with Zen Protocol. But they actually the first I have discovered planning to use this kind of mining.