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February 03, 2018, 02:16:50 PM |
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Dear all,
There are a lot of different algo's for the altcoins nowadays with pros and cons : gpu friendly, asic resistant, etc.
Is it possible to conceive a new algorithm that is a combination of others (like x11, sha256, scrypt) which can be referred to as methods. Then the algorithm which involves running several iterations methods depending on the result of the hash itself. Finally, after a number of iterations, it can settle on the first hash result which is lower than the network difficulty.
To my mind, this would be a major hurdle in developing ASICs.
Opinions?
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