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“ASIC-resistance” just means “needs lots of RAM”. Eventually someone will figure out how to make oodles of RAM sufficient for a many-core custom processor. Heck
by DaiPlusPlus 9y ago
“ASIC-resistance” just means “needs lots of RAM”. Eventually someone will figure out how to make oodles of RAM sufficient for a many-core custom processor. Heck, modern SSDs (e.g. Intel Optane) might be fast enough to replace DRAM for these kinds of applications.
Another kind of ASIC-resistance might be using dynamically-generated algorithms employing self-modifying code. You’d have to own a Xeon Phi to get good figures for that, methinks.
It’s a shame PoW is based on arbitrary hashing instead of, say, “Proof-of-Folding@Home” - that would do some good at least, methinks.
- IncRnd 9y ago> Eventually someone will figure out how to make oodles of RAM sufficient for a many-core custom processor. It's already been figured out. The issue is that ASIC manufacturers don't see the need to switch from BTC, when they are already making money. Hint, it's the type of ram.
- deepnotderp 9y agoOptane is phase change memory, not flash, and neither has the necessary endurance to do well.
- Forbo 9y ago> It’s a shame PoW is based on arbitrary hashing instead of, say, “Proof-of-Folding@Home” - that would do some good at least, methinks. It already exists, it is called Gridcoin and is based on Proof-of-Research. Coins are awarded based on contributions to the Berkeley Open Infrastructure for Network Computing (BOINC). There are many scientific computing projects you can contribute processing power to that utilize the network.
- alexnewman 9y agoUhm no. That's shill asic resistence. Plenty of asic's support DRam controllers via an FPGA.