ELI5:
Fast verification of the proof of work. This means clients don't have to spend a lot of resources to verify the validity of the proof.
ASIC resistant.
Difference between GPU and CPU mining shouldn't be too great.
Same creators as Equihash. Created to address some shortcomings of Equihash.
Zcoin will be the first cryptocurrency to implement it.
Update on Development:
MTP development is now at approximately 65% completion.
Setup envs are being prepared for update of Bitcoin core base to 0.13.
Wallet startup time is being looked at and prioritized.
65%? that's a precise estimation, lol
I can't believe a team of 2 dev can split up, must something fundamental? really weird to me.
For your info, Gary did not contribute to the coding at all so it's not really '2 devs'. More like 1 dev Poramin, and one guy who takes care of everything else.
Now there's a team of people to help with everything else along with recruiting more devs