Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
by
_ingsoc
on 15/11/2017, 09:10:06 UTC
Are the developers of Decred encouraging the manufacture of Asics for DCR? Wouldn't that be bad for the coin's decentralized nature, considering that not all miners will have access to them. Why follow Bitcoin's path in giving the Asic manufacturers/miners more power?

I can't speak for the developers (the dev contributors are a massive team at this stage), but I've seen the argument put forward that DCR is being dual mined as a default secondary coin, which naturally infers that it's not cared for as much. Those who purchase ASIC miners are more inclined to care for the well-being of Decred as a project. I personally think ASIC fears are misplaced, as I'd be far more concerned about the centralisation of mining pools.

Nobody can really stop the development of ASICs, so the fact that they're available for sale to the community/public as opposed to a private group is great to see. However, if they do become abusive to the network (as some suggest dual mining has become), Decred's stakeholders can remedy the situation with ease. I'd argue we should experiment often and try things, so we can collect data and make informed decisions after trying it.

Don't fear the miner when the stake is power.