►"Anti-Asic Forks Considered Harmful" - https://pdaian.com/blog/anti-asic-forks-considered-harmful/
Philip Daian is a software engineer and graduate student at IC3 @ Cornell and has a passion for censorship-resistant decentralized technologies. The views expressed here are entirely his own.
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I was wondering if ETC, Musicoin etc... and all Ethash based crypto will fork as well...
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I find it funny that we point fingers at practices of government entities and we are slowly becoming dictators
What happened to the individual's choice? ASIC mining allows people like me affordable mining as I do not see the sense in building a mining rig for 20 times the cost of an ASIC miner - Its just economics. To expect people to make the most inefficient methods to mines bases on early opinions on ASICs or just pure fear of change. If we fear change so much how do we expect mass adoption without people changing from old systems to new?
Cryptocurreny is still in its early days (I met someone yesterday who has not heard of Bitcoins - living in Canada) what we have has to move on. Its the way of new technology. I am yet to see progress with out change
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Wisest words I have heard in the cryptocurrency space to date:
KEEP THE ASIC
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Why this censorship-resistant decentralized technologies is coming into play?
Thanks for the video Omar.@upvoted
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Another informative video by Omar.Thanks for sharing with us.
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Now it's about a new thing censorship-resistant decentralized technologies.We always try to follow your post for such important news.
@upvoted
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Ethereum developer Piper Merriam opened Ethereum Improvement Proposal (EIP) #958 on Github on March 30, presenting the idea of a possible hard fork in the Ethereum (ETH) protocol to invalidate ETH ASICs.Vlad Zamfir, another developer with the Ethereum Foundation, posed the same question on Twitter March 28. 57 percent of respondents voted yes.Both developers’ polls emerge amid rumors that the China-based ASIC manufacturer Bitmain is on the brink of shipping its first Ethash compatible ASIC miners. Ethash is the Proof-of-Work (PoW) hashing algorithm used by Ethereum and a variety of other altcoins.Buterin’s Ethereum White Paper suggests the protocol already has a twofold resistance to mining centralization.
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i wouldnt doubt theres a bunch of monopolies going on with gpu makers and these pools. just gross....
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Excellent post ... thanks for sharing ... I wish you much success
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Wonderful post ..thanks for sharing...Best of luck friend ✫
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A really wonderful article made a good choice my friend you are providing us with really wonderful information
I wish you all the best, my dear
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Omar,
again, thanks for the info - a great perspective & possible future for the sector - great vid sir!
RF
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Sad about the active shooting situation its never a good thing when that happens.
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this is very informative post of crypto,,thanks for sharing
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Coins mentioned in post:
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