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April 24, 2014, 06:17:09 PM |
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This is both a question and I'm going to offer a prediction.
There's a lot of talk about the new scrypt asics hitting the market and what it means for scrypt technology. Some are in favor of them while others are not, and there are good reasons on either side of the issue. Some say that new technology like X-11 should be implemented across the board to ensure that scrypt mining is made more resistant to centralization, whereas others believe that asic's are the future of the crypto mining world.
What do you think will happen in the coming days for scrypt coin technology?
I will offer this prediction. I think that some coins (not predicting which ones) will welcome asic tech, while others will implement measures to counter the technology. It will happen organically and the market will benefit from this activity. Each developer making the decision based on the needs and philosophy of the coin they work on based on their respective markets and client base. This activity will not only strengthen the scrypt market but will also allow further developments to arise such as possible hybrids that work well with both GPU and asic tech, working in harmony to achieve a solid transaction network.
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