4 ms·
> There is an interesting parallel with PoW systems. Many cryptos have switched PoW algorithm to remove the advantage of specialized hardware. This is supposed
by once_inc 4y ago
> There is an interesting parallel with PoW systems. Many cryptos have switched PoW algorithm to remove the advantage of specialized hardware. This is supposed to prevent decentralization.
Unfortunately, this tends to just prolong the development of ASIC's, and often keeps the first working versions hidden from the public with the sole purpose of being able to mine with vastly increased efficiency compared to others.
- rocqua 4y agoI think it worked for EthHash, given the number of GPUs using it. Monero's RandomX also seems succesful, but that has a higher bar (wanting to be CPU only) and a smaller footprint so ASICs might be easier to hide. As a bonus for KDFs, there is much less economic pressure to 'break' them. So trying to develop ASICs / FPGAs / GPU implementation is pure cost, rather than an investment.