aliashraf (OP)
Legendary
Offline
Activity: 1456
Merit: 1174
Always remember the cause!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 11, 2019, 04:35:50 AM Last edit: January 11, 2019, 12:41:12 PM by aliashraf Merited by Stedsm (5), Welsh (3) |
|
One ASIC 'trick' is pipelining. I don't know if GPU's support it ? Sounds like they should frankly.. But if they don't.. their Resistance Is Futile ;p
You build a circuit that does SHA256. Great, you can now run SHA256 at the speed of a hardware chip. But only ONCE per iteration. So you can run it once and then when it's finished, check the result, and then run it again. Normal programs will do this. It's very fast to do 1 sha256. A GPU can do this. Lets say it takes 1000 clock cycles.
Or - you build an ASIC that does does sha256.. BUT you can run a separate thread through the circuit per clock cycle. You start one, and then before it has finished, and before you have a result, start another thread one clock cycle behind IN THE HARDWARE CIRCUIT. It takes 1000 clock cycles to get the first result, just as with the first version, but after that you get 1 result EVERY clock cycle. That's 1000x faster. If the algo takes more steps say 10,000, then it gets 10,000 time faster.
That works against any algorithm that isn't running on pipelined hardware.
Cheers bro, long time no see ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Excellent contribution, as always: Although GPUs support pipelining, it is not the feature one can use in mining because it is typically a part of specialized rendering/streaming and video related modules which is not programmable. Essentially an ASIC is composed of a series of combinational circuits typically managed by a sequential one which is pipelined specially just like pipelined rendering operations in gpus. To make it infeasible for such a chip to use pipes, we have to note that, this architecture is effective as long as 1)all the operations are supported by the combinational units, and as far as 2) each step is not dependent on the result of previous step. 1) the first mitigation to such a pipelined ASIC attack is using a memory hard algorithm which carefully uses a large memory footprint and lot of FETCH operations. FETCH is an operation which no combinational circuit could help with. I say carefully because it is possible to have a large memory bank designed specially to do simple operations i n-place on memory words without fetching them to processing unit, like when you do a simple xor between adjacent memory words, etc. 2) To make pipelining even more inefficient an algorithm may impose a pseudo random series of basic (with 1 cycle cost) calculations that consume previous step results. This way pipes become practically useless. There are a lot of other techniques including SIMD, Single Instruction Multiple Data, which ASICS use but GPUs are far more specialized in. ProgPoW combines all the above techniques plus a lot more and current consensus among experts confirms it as being highly difficult to beat when running on a commodity gpu. Intensive analysis suggest that a hypothetical ASIC wouldn't be able to provide more than %20 efficiency and it is not enough to justify design and manufacturing costs of such a device. It seems to be even more unlikely to have such a chip around ever because of it being worthless for other applications and vulnerable to further algorithm changes. I strongly recommend you to take a look at https://medium.com/@ifdefelse/understanding-progpow-performance-and-tuning-d72713898db3And this one is also a very interesting reading: https://medium.com/@OhGodAGirl/thank-you-alexander-for-your-constructive-feedback-d39078079186 Author of the second article, K. L. Minehan is the main inventor of ProGPoW, she introduces herself this way: Author. Artist. Aussie. Asshole. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
aliashraf (OP)
Legendary
Offline
Activity: 1456
Merit: 1174
Always remember the cause!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 11, 2019, 06:09:46 AM |
|
when a cryptographic algorithm get ASICed, it should be considered a failure and fixed instead of being justified as 'inevitable', 'not a big deal' or even 'a good thing'! It is just ridiculous how is it possible to have a cryptographic system of any kind being cracked by a specialized circuit and considered safe meanwhile?
For an algorithm to be " cracked", we'd first have to agree that designing hardware to perform a task more efficiently is effectively breaking some sort of implied lock. I'm still yet to be convinced there's a lock to break, let alone that ASICs are somehow breaking them. It's unlikely we're ever going to see eye-to-eye on this. Perhaps if an algorithm was specifically designed with ASIC resistance in mind, then you could make that claim. But that doesn't apply here. Of course it does break a lock, how would it be possibly considered otherwise? We are talking about cryptography after all! If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote. The majority decision is represented by the longest chain, which has the greatest proof-of-work effort invested in it. If a majority of CPU power is controlled by honest nodes, the honest chain will grow the fastest and outpace any competing chains.
Satoshi was not an expert of chip manufacturing industry and had no clue about how a stupid algorithm like sha256 is vulnerable to ASIC attack. This is it. Suppose as a result of ignorance, whatever, nobody have attempted this attack until now and we have still gpu/cpu mining of sha256 with like 2,000,000 gpus installed. Now you manage to build a s9 which outperforms a gpu by being like 10.000 times more efficient with almost the same price and instead of selling your miner you choose to run a farm consisted of just 100 s9s. As a result difficulty surges like %50 and you have access to 1/3 of total network hash power and your profitability is 10,000 times more than other competitors. Now are we allowed to consider it a failure and sha256 a bad choice for PoW? SHA256 was a bad choice for PoW, it was designed to be run by average users with commodity hardware in a one-cpu-one-vote manner but it failed to do so because it was cracked by ASICs. Period.
|
|
|
|
DooMAD
Legendary
Offline
Activity: 3892
Merit: 3178
Leave no FUD unchallenged
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 11, 2019, 07:57:27 AM |
|
For an algorithm to be "cracked", we'd first have to agree that designing hardware to perform a task more efficiently is effectively breaking some sort of implied lock. I'm still yet to be convinced there's a lock to break, let alone that ASICs are somehow breaking them. It's unlikely we're ever going to see eye-to-eye on this.
Perhaps if an algorithm was specifically designed with ASIC resistance in mind, then you could make that claim. But that doesn't apply here.
Of course it does break a lock, how would it be possibly considered otherwise? We are talking about cryptography after all! And how do ASICs break the cryptographic hash function? The idea of mining is to solve the nonce. Finding a way to do it as efficiently as possible is not breaking any cryptographic element. If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote. The majority decision is represented by the longest chain, which has the greatest proof-of-work effort invested in it. If a majority of CPU power is controlled by honest nodes, the honest chain will grow the fastest and outpace any competing chains.
Satoshi was not an expert of chip manufacturing industry and had no clue about how a stupid algorithm like sha256 is vulnerable to ASIC attack. This is it. So ASICs are bad but GPU mining is okay? It's nice to see where we draw the arbitrary lines. The centralising element doesn't come from the hardware used, but from the quantity of units one person can utilise. If I mine on my home CPU, while some billionaire has 50 warehouses dotted around the globe with 10000 CPUs mining away, it's literally no different in terms of centralisation. Suppose as a result of ignorance, whatever, nobody have attempted this attack until now and we have still gpu/cpu mining of sha256 with like 2,000,000 gpus installed. Now you manage to build a s9 which outperforms a gpu by being like 10.000 times more efficient with almost the same price and instead of selling your miner you choose to run a farm consisted of just 100 s9s. As a result difficulty surges like %50 and you have access to 1/3 of total network hash power and your profitability is 10,000 times more than other competitors. Now are we allowed to consider it a failure and sha256 a bad choice for PoW?
It would be a bigger failure if we switched the algorithm to one that could allow that to happen in future. Attempting to restrict ASICs and someone managing to do it anyway is the only way this scenario could occur now. For me, personally, your ideology isn't worth the potential cost to the network. Others may feel differently.
|
|
|
|
Wind_FURY
Legendary
Offline
Activity: 3024
Merit: 1884
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 11, 2019, 08:05:44 AM |
|
In governance Ethereum is far more centralized than bitcoin, they have Vitalik both as a celebrity and a spiritual leader and believe it or not they have a roadmap ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) IMO, a cryptocurrency with a leader, is not reliable in the first place, but when the leader turns out to be a PoS believer in charge of a PoW coin things get even more confusing. I believe that Eth 2018 falling down 3 times worse than bitcoin has some thing to do with this fact. Still there are good news as well: Vitalik is growing up and stepping down, well, not officially and completely but there exist signs. He has no choice as Ethereum centralizes more and more away from him, and to Infuria running and controlling most of the dapps, and the nodes. Hahaha. Vitalik will become something like a mascot. Most importantly, in January 5 latest Ethereum core dev meeting ended with a long-waiting admission, tentatively tho, of implementing ProgPoW as an anti-asic algorithm to retire Ethash. ProgPoW is designed to utilize gpu strengths such that it is almost impossible for asic manufacturers to build a considerably more efficient chip for mining it and not ending to to a gpu design project.
Ok. It is an important event in cryptocurrency and I think we will be witnessing a new wave of debates and discussions in bitcoin community regarding the situation with ASICs and the potentials for an anti-ASIC fork.
Or, in Ethereum's situation, will it be an assurance that there will never be another anti-ASIC hard fork again?
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
aliashraf (OP)
Legendary
Offline
Activity: 1456
Merit: 1174
Always remember the cause!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 11, 2019, 03:31:16 PM |
|
And how do ASICs break the cryptographic hash function? The idea of mining is to solve the nonce. Finding a way to do it as efficiently as possible is not breaking any cryptographic element. QC hypothetically can solve ECDSA problem and ECDSA is about to be considered as a failed algorithm already.People are working hard to find an alternative instead of denial or justification. So ASICs are bad but GPU mining is okay? It's nice to see where we draw the arbitrary lines.
Believe it or not, there is a line between NVIDIA/AMD/Intel/... on one side and Bitmain on the other side.
|
|
|
|
mixoftix
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 135
Merit: 178
..
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 12, 2019, 10:52:10 PM |
|
I do not agree with people saying ASICs are a threat for x coin, it's not true.
I think I could explain it in other words. each threat must assess in 2 different ways: "1- severity 2- expanse". the problem with ASICs is because of its severity in a possible threat, but this could not prevent the expanse of a threat that you mentioned it very well - and in fact this is what I try to express. Disabling ASICs is necessary, but not enough. an example for the arrangements that we could take for controlling the EXPANSE factor of a thread, would be flash-back-pinning: https://bitcointalk.org/index.php?topic=5089384.0
|
Development of "Azim Blockchain" is in progress..
|
|
|
DooMAD
Legendary
Offline
Activity: 3892
Merit: 3178
Leave no FUD unchallenged
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2019, 01:26:49 PM Last edit: January 13, 2019, 04:10:50 PM by DooMAD |
|
So ASICs are bad but GPU mining is okay? It's nice to see where we draw the arbitrary lines.
Believe it or not, there is a line between NVIDIA/AMD/Intel/... on one side and Bitmain on the other side. So the question then becomes: Is your issue truly with ASICs? Or with Bitmain? My stance remains that it's far more practical and safe to encourage a larger number of companies to get involved in the production of ASICs, rather than trying to stuff the genie back in the lamp, burying it and then hoping that the clear and obvious financial incentive to let it back out again is never discovered. Competition works best when there isn't the potential for one competitor to obtain a major advantage over the others. This is why you raise the bar and not just politely ask the competitors to perform to a lower level than they're capable of. Sooner or later, their desire to win will override your desire to lower the bar. If multiple manufacturers can make ASICs, no one company has a major advantage over the others. But if you make a supposedly ASIC-resistant algo, you open the potential to one company " cracking" it (it's not really a crack, though) before the others do. And the companies with the most disposable income will have the best chance of gaining the advantage. That's a weaker system than the one we currently have and I will continue to argue against it. I mean, you've seen movies, right? That overused trope where the good guy and the bad guy agree to settle their differences with a fair fist fight, but then when the bad guy is losing, they pull out a knife/gun/whatever? You can't trust hardware manufacturers to agree to a fair fight. It won't work. They want to win and I sincerely doubt they'll lose any sleep if they don't conform to your noble ideals. Mining is an arms race. It was an arms race long before ASICs. It'll continue to be an arms race if someone comes up with something better than ASICs. But at no point will it be ever be safe to believe that everyone will lay down their arms and go back to a fist fight.
|
|
|
|
Carlton Banks
Legendary
Offline
Activity: 3430
Merit: 3080
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2019, 06:49:24 PM Last edit: January 20, 2019, 11:28:32 AM by Carlton Banks Merited by Welsh (2), ABCbits (1) |
|
For an algorithm to be "cracked", we'd first have to agree that designing hardware to perform a task more efficiently is effectively breaking some sort of implied lock. I'm still yet to be convinced there's a lock to break, let alone that ASICs are somehow breaking them. It's unlikely we're ever going to see eye-to-eye on this.
Perhaps if an algorithm was specifically designed with ASIC resistance in mind, then you could make that claim. But that doesn't apply here.
Of course it does break a lock, how would it be possibly considered otherwise? We are talking about cryptography after all! And how do ASICs break the cryptographic hash function? They don't. Hash algorithms are broken when you find a collision, efficiently. "Efficient" in practice means devising a different algorithm to SHA256 that can find collisions on a practical timescale. SHA256 ASICs cannot be used to look for collisions efficiently, they are designed to do one thing only: perform the actual SHA256 algorithm on data being fed to them. It's possible they could find a collision, but checking that would have to be programmed by the controller, not an SHA256 ASIC. It's unlikely though, and certainly has nothing to do with making SHA256 unusable for authentication etc. That would require an efficient method of finding collisions, not an inefficient method (i.e. brute forcing). If you want to man-in-the-middle someone, using a hash farm to brute force their connection's shared secret key is going to be frustratingly expensive if the target renegotiates their HMAC secret at almost any frequency more than, say, once every 1000 years. There's never been a report I've heard of an SHA256 ASIC being used to find even 1 hash collision, despite the inconceivable number of hashes performed in Bitcoin mining since 2009.
|
Vires in numeris
|
|
|
aliashraf (OP)
Legendary
Offline
Activity: 1456
Merit: 1174
Always remember the cause!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2019, 08:28:48 PM |
|
For an algorithm to be "cracked", we'd first have to agree that designing hardware to perform a task more efficiently is effectively breaking some sort of implied lock. I'm still yet to be convinced there's a lock to break, let alone that ASICs are somehow breaking them. It's unlikely we're ever going to see eye-to-eye on this.
Perhaps if an algorithm was specifically designed with ASIC resistance in mind, then you could make that claim. But that doesn't apply here.
Of course it does break a lock, how would it be possibly considered otherwise? We are talking about cryptography after all! And how do ASICs break the cryptographic hash function? They don't. Hash algorithms are broken when you find a collision, efficiently. "Efficient" in practice means devising a different algorithm to SHA256 that can find collisions on a practical timescale. SHA256 ASICs cannot be used to look for collisions efficiently, they are designed to do one thing only: perform the actual SHA256 algorithm on data being fed to them. َWho says that? Breaking a cryptographic system, is just about finding a solution much cheaper and faster than what is expected as the processing cost and time by the inventor. SHA256 ASICS are not cracking the hash function, they are a crack against how bitcoin is using it as a cryptographic system. They are breaking PoW, not SHA256. To be more specific, a cyberpunk Satoshi Nakamoto, devised a one cpu, one vote system for a decentralised system named bitcoin, instead of finding a collision the problem was defined to find a nonce that hashes to a value close enough to a target. just like collision problem which is hard to find the new problem was supposed to be hard, not that much but reasonably hard to solve, the inventor designed the whole system on this simple concept: AS the problem is equally hard for all the participants, the ones who consume more energy and allocate more cpus have more chance to solve it sooner and deserve to be rewarded more. It is what then happened, some greedy douche bags found a flaw in Satoshi's schema: the whole algorithm (SHA256 being its core but not the whole) has very small memory footprint and can be accelerated dramatically by a specialized chip, an ASIC. End of the story. The thing with people like you is that you are addicted to this situation at the same time that you are taking advantage of it. All those stupid and worthless arguments that you guys repeat over and over about how inevitable are ASICs because every algorithm is vulnerable to ASICs, ASICs are not a big deal, GPUs are not that much different than ASICs, ASICs are good because they can't jump in/out the network, ASICs are good because they are immune to botnets, bla,blah, ... they are just pure garbage, they do not deserve to get an answer, they are just some desperate justifications mad by some addicts who have no choice other than living in the jails made by a bunch of greedy crackers who are mocking them at the same time that are making money out of their misery.
|
|
|
|
DooMAD
Legendary
Offline
Activity: 3892
Merit: 3178
Leave no FUD unchallenged
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2019, 09:04:41 PM |
|
Breaking a cryptographic system, is just about finding a solution much cheaper and faster than what is expected as the processing cost and time by the inventor. And yet this is the first time I've ever heard this definition. Curious. Someone might think you just came up with it. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) An inventor can't protect their invention against the passage of time. There's no cure for progress. It's what people do. We find solutions to do stuff faster and cheaper. Why is this such an outrage all of a sudden? SHA256 ASICS are not cracking the hash function, they are a crack against how bitcoin is using it as a cryptographic system. They are breaking PoW, not SHA256.
This seems to be more of an opinion rather than a statement of fact. To be more specific, a cyberpunk Satoshi Nakamoto, devised a one cpu, one vote system for a decentralised system named bitcoin, instead of finding a collision the problem was defined to find a nonce that hashes to a value close enough to a target. just like collision problem which is hard to find the new problem was supposed to be hard, not that much but reasonably hard to solve, the inventor designed the whole system on this simple concept: AS the problem is equally hard for all the participants, the ones who consume more energy and allocate more cpus have more chance to solve it sooner and deserve to be rewarded more. Arguably, the system was devised so that the incentive to build a valid blockchain is greater than the incentive to attack it. A multitude of other coins with different algorithms thought they could do better and subsequently fell at this very hurdle. What's the rush to repeat their mistakes? All those stupid and worthless arguments that you guys repeat over and over about how inevitable are ASICs because every algorithm is vulnerable to ASICs, ASICs are not a big deal, GPUs are not that much different than ASICs, ASICs are good because they can't jump in/out the network, ASICs are good because they are immune to botnets, bla,blah, ... they are just pure garbage, they do not deserve to get an answer, they are just some desperate justifications mad by some addicts who have no choice other than living in the jails made by a bunch of greedy crackers who are mocking them at the same time that are making money out of their misery.
Opinions again. You haven't actually countered any of those arguments. Calling them garbage does not constitute a rebuttal. Thanks for repeating some of reasons why changing the algo has downsides, though.
|
|
|
|
Carlton Banks
Legendary
Offline
Activity: 3430
Merit: 3080
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2019, 09:16:27 PM |
|
Actually ASIC is a crack against cryptography, it has always been since WWII and nothing has changed, when a cryptographic algorithm get ASICed, it should be considered a failure and fixed instead of being justified as 'inevitable', 'not a big deal' or even 'a good thing'! It is just ridiculous how is it possible to have a cryptographic system of any kind being cracked by a specialized circuit and considered safe meanwhile?
you're backpedalling the above claim, and you knew you were wrong when you made it. I won't be replying further
|
Vires in numeris
|
|
|
aliashraf (OP)
Legendary
Offline
Activity: 1456
Merit: 1174
Always remember the cause!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2019, 10:02:50 PM |
|
Breaking a cryptographic system, is just about finding a solution much cheaper and faster than what is expected as the processing cost and time by the inventor. And yet this is the first time I've ever heard this definition. Curious. Someone might think you just came up with it. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Still, it is the most correct definition ever. Cryptography has always been about time and cost and crack is always about designing special circuits to surprise the cryptographer. It has always been so and will remain always so. An inventor can't protect their invention against the passage of time. There's no cure for progress. It's what people do. We find solutions to do stuff faster and cheaper. Why is this such an outrage all of a sudden?
It is no progress, who told you making ASICs is progress? Progress is about a technology that solves human kind civilization to produce better and cheaper goods and services. In cryptography, ASICs are just used for one purpose: stealing money from miners. SHA256 ASICS are not cracking the hash function, they are a crack against how bitcoin is using it as a cryptographic system. They are breaking PoW, not SHA256.
This seems to be more of an opinion rather than a statement of fact. Nop. It is absolute fact, the bare truth, bitcoin PoW was broken by these douchebags and nothing can ever change this fact. Satoshi invented a way to compare the amount of energy and resources miners allocate to mining and to distribute rewards according to this comparison then some cracker showed up by an ASIC that was thousands of (and not two or three) times more efficient than average commodity devices laughing at Satoshi and bitcoin miners. Definitively it was a crack and deserved mitigation, immediate mitigation. To be more specific, a cyberpunk Satoshi Nakamoto, devised a one cpu, one vote system for a decentralised system named bitcoin, instead of finding a collision the problem was defined to find a nonce that hashes to a value close enough to a target. just like collision problem which is hard to find the new problem was supposed to be hard, not that much but reasonably hard to solve, the inventor designed the whole system on this simple concept: AS the problem is equally hard for all the participants, the ones who consume more energy and allocate more cpus have more chance to solve it sooner and deserve to be rewarded more. Arguably, the system was devised so that the incentive to build a valid blockchain is greater than the incentive to attack it. A multitude of other coins with different algorithms thought they could do better and subsequently fell at this very hurdle. What's the rush to repeat their mistakes? Nop. Incentive mechanism is irrelevant in this context, we are discussing PoW, it is about how much resources are required to do a job socially. All those stupid and worthless arguments that you guys repeat over and over about how inevitable are ASICs because every algorithm is vulnerable to ASICs, ASICs are not a big deal, GPUs are not that much different than ASICs, ASICs are good because they can't jump in/out the network, ASICs are good because they are immune to botnets, bla,blah, ... they are just pure garbage, they do not deserve to get an answer, they are just some desperate justifications mad by some addicts who have no choice other than living in the jails made by a bunch of greedy crackers who are mocking them at the same time that are making money out of their misery.
Opinions again. You haven't actually countered any of those arguments. Calling them garbage does not constitute a rebuttal. Thanks for repeating some of reasons why changing the algo has downsides, though. I don't GAS about such arguments that have been made up AFTER the event to be used for justification purposes only. If ASIC was a good idea, Satoshi or the community should have been discussing it long before douchebags started secretly using it to get rich enough to make a better version and sell the old one to stupid people. I personally never bought an ASIC other than for experimental purposes, not a stupid after all.
|
|
|
|
aliashraf (OP)
Legendary
Offline
Activity: 1456
Merit: 1174
Always remember the cause!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2019, 10:19:10 PM |
|
Actually ASIC is a crack against cryptography, it has always been since WWII and nothing has changed, when a cryptographic algorithm get ASICed, it should be considered a failure and fixed instead of being justified as 'inevitable', 'not a big deal' or even 'a good thing'! It is just ridiculous how is it possible to have a cryptographic system of any kind being cracked by a specialized circuit and considered safe meanwhile?
you're backpedalling the above claim, and you knew you were wrong when you made it. I won't be replying further So, you are happy with Bitmain and the stupid mining scene of bitcoin? Good for you, but pleas don't try to convince me about your reasons, there is no reason other than giving up and being a coward for being a supporter of an entity that its business by definition is ruining PoW algorithm and taking cryptocurrencies as hostage and turning miners to its slaves.
|
|
|
|
squatter
Legendary
Offline
Activity: 1666
Merit: 1196
STOP SNITCHIN'
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2019, 10:34:22 PM |
|
Given the size of the industry nowadays I also have my doubts that a mere switch to GPU / CPU mining would help decentralization all that much; at least not without additional measures to make pool mining significantly less attractive. This seems to be the important question. What tangible benefits can we expect from ensuring the viability of GPU or FPGA mining? At large scale, how different are the economics of general purpose vs. application-specific processors? In both cases, it seems like mining hardware production would still be fairly concentrated among a few giant producers. Also, if we look to historical pool hash rate distribution of, for example, Ethereum vs. Bitcoin, the former is not necessarily less concentrated. So, what's the goal here? I think a lot of people look at the advent of ASICs in 2013 and the subsequent rise of Bitmain, and they automatically blame ASICs for how the industry developed. However, I think a lot of it has to do with industry consolidation and concentration of capital that you'd see develop in any growing market over time.
|
|
|
|
mixoftix
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 135
Merit: 178
..
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2019, 11:20:37 PM |
|
SHA256 ASICS are not cracking the hash function, they are a crack against how bitcoin is using it as a cryptographic system. They are breaking PoW, not SHA256.
This seems to be more of an opinion rather than a statement of fact. No. look my friend, there are many reports that show us the speed of providing processing power now is more than Moore's Law [1] and the processing power that is available is at the level of a mouse brain. this is also expected that after 2020 we will enter the age of processing by optical, quantum and DNA computing that will lead us to the singularity point. I am not going to elaborate the technological aspect of singularity here (this is obviously off topic) but I personally believe that cryptocurrencies could survive economies within age of singularity and PoW is vulnerable here. this is one of the most clear visions from the future that shows us how machine could overcome the human kind. this is very simple to see that PoW rewards the density of processing power and who provides denser processing power than 51%, the whole network will move under his control (in ETC case, better say extortion [2]). really, what happens if we sleep and tomorrow morning when we wake up, see top 3 pools of bitcoin are joined together and have the majority of processing power!? then we just ASK them to divide their power and we pray in silent they do that?! till now the crypto world was in its earliest stages, but in the beginning of 2019 how we ever could call it a consensus model [3]: In five years, that’s never happened, because the BTC mining community has aggregated into a number of large players rather than a single network with disproportionate influence. Now, for the first time, that’s changed — Ghash.io passed the 51% mark for more than 12 hours this week, after promising to never do so back in January 2014 byzantine generals problem never been based on "thanks to good relation among our generals (pools) a traitor could not threaten the consensus model.."[1] https://en.wikipedia.org/wiki/Moore%27s_lawAlthough the rate held steady from 1975 until around 2012, the rate was faster during the first decade. In general, it is not logically sound to extrapolate from the historical growth rate into the indefinite future. For example, the 2010 update to the International Technology Roadmap for Semiconductors predicted that growth would slow around 2013, and in 2015 Gordon Moore foresaw that the rate of progress would reach saturation: "I see Moore's law dying here in the next decade or so." [2] https://www.trustnodes.com/2019/01/13/etc-block-rewards-go-crazy[3] http://www.extremetech.com/extreme/184427-one-bitcoin-group-now-controls-51-of-total-mining-power-threatening-entire-currencys-safety
|
Development of "Azim Blockchain" is in progress..
|
|
|
DooMAD
Legendary
Offline
Activity: 3892
Merit: 3178
Leave no FUD unchallenged
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 13, 2019, 11:57:53 PM |
|
crack is always about designing special circuits to surprise the cryptographer. It has always been so and will remain always so. Come again? Maybe you've taken too much crack or something. It is no progress, who told you making ASICs is progress? Progress is about a technology that solves human kind civilization to produce better and cheaper goods and services. CPU -> GPU -> ASIC appears to follow a technological progression. Each faster and more efficient than the last. Ergo, progress. ASICs can't be uninvented. In cryptography, ASICs are just used for one purpose: stealing money from miners. Even if that were the case (and I don't think anyone here is convinced that it is), I'm still yet to hear anything other than how you think ASICs are bad. Your ASIC-proof unicorn has yet to materialise here in the real world. I personally never bought an ASIC other than for experimental purposes, not a stupid after all. Are you sure? You're taking all this rather personally.
I think a lot of people look at the advent of ASICs in 2013 and the subsequent rise of Bitmain, and they automatically blame ASICs for how the industry developed. However, I think a lot of it has to do with industry consolidation and concentration of capital that you'd see develop in any growing market over time.
There's also the notable issue of a number of other hardware suppliers at the time being shady as shit. It almost seems like there were more manufacturers and suppliers embroiled in scandals and frauds than there were legitimate companies operating in the scene.
|
|
|
|
AGD
Legendary
Offline
Activity: 2070
Merit: 1164
Keeper of the Private Key
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2019, 05:00:38 AM |
|
ASIC's are just a logical step in Bitcoins evolution, since it is designed to have a value and optimizing hardware/code to achieve more value is unavoidable.
|
|
|
|
Wind_FURY
Legendary
Offline
Activity: 3024
Merit: 1884
|
ASIC's are just a logical step in Bitcoins evolution, since it is designed to have a value and optimizing hardware/code to achieve more value is unavoidable.
Plus proposals to hard fork to disable ASICs will never gain wide consensus from the community. Never. Who wants to amputate the network of nodes and hashing power?
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
mixoftix
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 135
Merit: 178
..
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2019, 10:14:10 AM Last edit: January 14, 2019, 10:34:06 AM by mixoftix |
|
ASIC's are just a logical step in Bitcoins evolution
we could consider self-driven cars as an evolution for man-driven cars. vehicle detector cameras could also consider as an evolution for classic speed cameras. but my friend, how could we consider vehicle detector cameras as an evolution of cars at all? a camera is an environmental threat (or opportunity) that is growing out there - out of control of car manufacturers.. now if you drive faster than declared speed limit in a road (do not regulate yourself and improve your driving algorithms), then you will penalize by the speed camera (a consensus fork happens). ASIC technology always exists and grows out there - out of control of bitcoin. if you want to talk about the evolution of bitcoin, you need to bring a new idea as a BIP. bitcoin is just an algorithm. BTW, evolution is not only about survival, it is also about perish and letting others survive.. Reminder: "it is not the most intellectual of the species that survives; it is not the strongest that survives; but the species that survives is the one that is able best to adapt and adjust to the changing environment in which it finds itself -- Professor Darwin" UPDATE: Plus proposals to hard fork to disable ASICs will never gain wide consensus from the community. Never.
it is alright. this is enough for everybody to know the truth that the PoW will die when Moore's law dies. accepting a problem is the first step for providing a solution.
|
Development of "Azim Blockchain" is in progress..
|
|
|
aliashraf (OP)
Legendary
Offline
Activity: 1456
Merit: 1174
Always remember the cause!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 14, 2019, 11:25:57 AM |
|
ASIC's are just a logical step in Bitcoins evolution, since it is designed to have a value and optimizing hardware/code to achieve more value is unavoidable.
No, it is not about more value. Any single progress in technology always have been about bringing in some kind of value to the society, bitcoin ASICs being exceptionally excluded! I'm not aware of any "invention" in human history being eventually adopted/commercialized in spite of having zero social value/utility like bitcoin ASICs and it is really, really insane. Let's dive in : Ordinarily, when some person/company invents something there can be just two reasons: private use cases (as for having a leverage in producing other goods/services) or public use cases. It is possible to have combined use cases of course, privately taking advantage of the product primarily and selling it to public eventually. In cryptography, having access to the invention privately and exclusively is always a bad thing. People are using an encryption system with some presumptions about the state of technology and infeasibility of some calculations and an evil comes with a device that breaks the code secretly and takes advantage of this against public interests. It is what makes technology progress a nightmare for cryptographers and why they cautiously use harder mathematical problems unlikely to be vulnerable to technological progress but it happens anyway like in the case with quantum computers. QC is a disruptive technology progress that threatens ECDSA based cryptography which is the core algorithm used in digital signatures but how do cryptographers approach it? Firstly nobody calls it an evil move, why? Because, once it is commercialized, it would have a series of other socially valuable applications, actually disruptive applications, secondly we are actively investigating QC resistant asymmetric encryption algorithms to be prepared for the D-day, aren't we? Now let's consider what we have with bitcoin as a cryptographic system and SHA256 ASICs. They are evil because they have nothing to offer to industry neither other industries nor bitcoin mining industry! All in all they are useful just for the entity who has invented it both in the secret phase in which it is used as a weapon against other miners and in commercialization phase in which it is used to retire other hardware and do exactly the same thing that they were used to, with zero improvement! It is odd, but it is what PoW is. PoW is an extraordinary mechanism, miners are not solving a meaningful problem and advances in technology does not make bitcoin mining as an industry more productive because in PoW we are not concerned about number of calculations, amount of resources consumed is the main concern. It is what overlooked by people who try to justify the situation with ASICs in bitcoin. Bitcoin is not a mathematical problem it has nothing to do with computing industry as long it is general purpose and available to people, bitcoin wants miners to be able to participate and withdraw freely and consume energy and pay rents as part of its basic game theory model. Obviously, SHA256 ASICs don't offer any utility or value to bitcoin mining industry (I would go even further to show they have negative impact on this industry merely) and we know that they have nothing to offer to other industries as well. So, Why should they ever be invented after all? We know the answer already, don't we? They are invented by crackers just in their own private interests, it is why they are mere crackers, nothing more, not a bit. I know, I've behaved a little harsh against guys who are mostly innocent and still say things in favor of ASIC disaster but I'm short of options in this regards really. There is a lot of money at stake, shills and mercenary authors are hiding among honest community members who have been exposed to misunderstandings and worthless ideas for years. What other choice do I have?
|
|
|
|
|