ASIC-resistant Proof of Work

[Anders]

Anyone interested in implementing an elliptic curve PoW? As a test of concept. Of course, first the algorithm has to be examined to see if it would work. I don't know enough about this kind of programming myself. It could be fun for someone savvy in these kinds of algorithms. Lots of parameters to specify, modify, tweak and measure. And it's copyright and license free.

[Anders]

One problem with a PoW that requires lots of memory is that sooner or later, special custom integrated circuits would be developed, even with gigabytes of memory. And if those chips are more demanding to design and manufacture it would lead to even more centralization than the SHA-256d ASICs.