Bitcoin Forum
January 16, 2019, 03:09:21 PM *
News: The copper membership price will increase by about 300% around Friday.
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 2018-04-12 Coindesk - The Anti-ASIC Revolt  (Read 26 times)
TheIrishman
Legendary
*
Offline Offline

Activity: 1006
Merit: 1001

http://BitcoinPayPal.info


View Profile WWW
April 12, 2018, 07:54:21 PM
 #1

The Anti-ASIC Revolt: Just How Far Will Crypto's War On Miners Go?

https://www.coindesk.com/anti-asic-revolt-just-far-will-cryptos-hardware-war-go

<< Can public cryptocurrencies stay public?

That's the simple question that lies at the heart of a complex debate happening across major cryptocurrencies, where developers from projects as diverse as ethereum, monero and zcash are up in arms over what to do about the arrival of a new form of hardware that could upend the delicate balance of their distributed communities.

Designed specifically to enable operators to earn a greater share of their networks' rewards, "application specific integrated circuits," or ASICs, have emerged to mine a handful of cryptocurrencies that were previously only able to be secured by those using GPU hardware.

At stake, however, is the very access and openness of the protocols themselves. >>

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
   [GUIDE] How to buy and sell Bitcoins SAFELY with PayPal + UNLIMITED WITHDRAWALS to PayPal
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
1547651361
Hero Member
*
Offline Offline

Posts: 1547651361

View Profile Personal Message (Offline)

Ignore
1547651361
Reply with quote  #2

1547651361
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1547651361
Hero Member
*
Offline Offline

Posts: 1547651361

View Profile Personal Message (Offline)

Ignore
1547651361
Reply with quote  #2

1547651361
Report to moderator
1547651361
Hero Member
*
Offline Offline

Posts: 1547651361

View Profile Personal Message (Offline)

Ignore
1547651361
Reply with quote  #2

1547651361
Report to moderator
1547651361
Hero Member
*
Offline Offline

Posts: 1547651361

View Profile Personal Message (Offline)

Ignore
1547651361
Reply with quote  #2

1547651361
Report to moderator
DooMAD
Legendary
*
Offline Offline

Activity: 1862
Merit: 1217


Leave no FUD unchallenged


View Profile WWW
April 12, 2018, 11:25:58 PM
 #2

It's fine to have a conversation about it, as long as people remember that it's not the simplest of issues.  There's no magic bullet that remedies the situation and lots of potential outcomes that could conceivably be far worse than the situation we're currently in.  ASICs are a consequence of supply and demand.  Now we know they're possible, that demand will never go away.  Don't start a "war" unless you're prepared for the inevitable casualties.

bbc.reporter
Hero Member
*****
Offline Offline

Activity: 994
Merit: 528



View Profile
April 13, 2018, 12:49:36 AM
 #3

I reckon the Monero development team said it best. They would support ASICs only if their production was commoditized. Meaning, if given no choice, they would switch to a mining algorithm where it would be easy to create and produce ASIC chips for it. They want easy access for all manufacturers while trying to avoid a Bitmain centralization type scenario.

..bustadice..         ▄▄████████████▄▄
     ▄▄████████▀▀▀▀████████▄▄
   ▄███████████    ███████████▄
  █████    ████▄▄▄▄████    █████
 ██████    ████████▀▀██    ██████
██████████████████   █████████████
█████████████████▌  ▐█████████████
███    ██████████   ███████    ███
███    ████████▀   ▐███████    ███
██████████████      ██████████████
██████████████      ██████████████
 ██████████████▄▄▄▄██████████████
  ▀████████████████████████████▀
                    ▄▄███████▄▄
                  ▄███████████████▄
   ███████████  ▄████▀▀       ▀▀████▄
               ████▀      ██     ▀████
 ███████████  ████        ██       ████
             ████         ██        ████
███████████  ████     ▄▄▄▄██        ████
             ████     ▀▀▀▀▀▀        ████
 ███████████  ████                 ████
               ████▄             ▄████
   ███████████  ▀████▄▄       ▄▄████▀
                  ▀███████████████▀
                     ▀▀███████▀▀
          ▄██▄
           ████
            ██
            ▀▀
 ▄██████████████████████▄
██████▀▀██████████▀▀██████
█████    ████████    █████
█████▄  ▄████████▄  ▄█████
██████████████████████████
██████████████████████████
    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
    ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
       ████████████
......Play......
Pages: [1]
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!