Post
Topic
Board Beginners & Help
Re: What lies beyond ASICs?
by
JoschK
on 10/06/2013, 16:35:47 UTC
I could imagine, one day there might occur a demand to create Coin-Algorithms which do not depend so much on hardware-power.

For example: some sort of smart algorithm-switching could perhaps be an approach to prevent any motivation to design, build and deal cost-intensive dedicated hardware.
It might be especially optimized for usual mainstream-hardware in order to get distributed to greatest possible extent.

Bitcoin like most other Cryptos promotes an idea of "Indendancy" - but as we now see with ASICs all current systems are vulnerable via the hardware-side.
(For the scrypt-fans - look here: https://bitcointalk.org/index.php?topic=231185.0 )

It should not be forgotten: Big Money could afford almost any material equipment which allows for technical prevalence.