Well put, @nanona, except I think it might be too late for IRD. Other CN coins are also taking a "wait-and-see" approach (DERO and ITNS, for two examples) but IRD is in a much more precarious place with just ~500kH/s on its entire network; if a single Bitmain X10 with 220kH/s decides to mine IRD it will basically increase network hashrate by 50%!
Ironically, there would have been some defense against ASICs by not getting listed on an exchange, as ASIC miners tend to be relentless and implacable sellers of whatever they mine so any coin not on an exchange would likely be avoided by them, but of course that obstacle has just been removed.
Considering that IRD doesn't have a special use case (unlike, say, DERO or ITNS), the original dev abandoned it months ago and the new devs don't seem to care whether ASICs crash their party or not I suspect grim days are ahead for this coin. I, for one, have stopped mining it, and though I am in no hurry to sell my IRD, neither am I interested in acquiring more.
The original dev was a thief and not a dev : now I know exactly his identity and his skill development level witch were around 0 : I discover it last week by simply reading the messages on iridiumdev account, I never through reading this ! He stole about 0.2BTC. This can show his level and ambitions. I prefer you call him now motherf***r or whatever you want but not dev. Best is not call him anymore... subject closed.
But how can you say "I don't seem to care" ? you don't know me. The new dev (not really new now), witch is here, witch do not ran away with 0.16BTC + 0.04BTC donated by his colleague to finally enter on a f* exchange, and spend square hours to make this coin technically nice is also thinking about implications and consequences of those changes.
I'm listening and also have my position, live discussions are on discord, you can follow. Now I'm currently reading all documentation I can find to make IRD asic proof if we decide it's the priority but 50% of the IRD will be mined in September, this mean we (the community) hold 27% yet and when "big monsters" were distributed, we should be at almost 35%. Remember : IRD has a fast emission. So I don't think asic will crash our party, I think it's already late (ROI) but it's a personal view. And yes, not getting listed was finally good !