So, in trying to learn more about ASICS and their impact on the world, I went to the asic wiki page, and got immediately lost in technical info.
I get that ASICS do one thing really well. In this context, that thing is solve SHA-256 hashes. Some say Litecoin is “immune” or “resistant” to Asics. Why? What is different about scrypt which makes it so? And ultimately, can you speculate on the downstream impact of this in terms of coins and their prices as a result of mining impact?