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That's one of the goals yes. However efficient ASICs were able to be constructed for the current (and previous) algorithms. Monero will make a hardfork, right
by lawn 8y ago
That's one of the goals yes.
However efficient ASICs were able to be constructed for the current (and previous) algorithms.
Monero will make a hardfork, right now actually, to brick the existing ASICs. The new algorithm isn't sufficiently different to prevent them however and we will probably see efficient ASICs in under 6 months.
The long term hope instead lies on a new algorithm[0] which tries to change the POW algorithm all the time. Will it hold up or will someone manage to create efficient ASICs? Your guess is as good as mine.
[0]: https://github.com/tevador/RandomX https://github.com/tevador/RandomX
- WrtCdEvrydy 8y agoThe issue is that anything that changes the POW has to be to be deterministic, so we'll just see programmable ASICs make a return... so invest in Cisco?