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That's not true. The coins that advertise ASIC resistance have chosen algorithms which are deliberately stubborn to optimize with HW. In other words, inefficien
by plerpin 7y ago
That's not true. The coins that advertise ASIC resistance have chosen algorithms which are deliberately stubborn to optimize with HW. In other words, inefficiency (=> high resource consumption) is an explicit goal.
- qwertywerty 7y agoI did forget about ASIC resistant coins. I think my general point still stands. You're making a logical leap between intentional GPU/CPU coins and inefficiency as an explicit design goal. GPU/CPU coin developers are most likely true believers in a distributed security model. They could also own GPU farms or botnets. I highly doubt developers design cryptocurrencies while dreaming of squandering global resources.
- bordercases 7y agoIf it's a real consequence of their actions that they're aware of, they're complicit in the continuance of that effect.