Post
Topic
Board Mining (Altcoins)
Re: Deception & Misdirection by ZEC co. Forking ASIC Resistance Bitmain Antminer Z9
by
gameboy366
on 22/05/2018, 17:54:18 UTC
As I've mentioned in previous posts:  "IF" ASIC's could meet those......
I disagree...
You are talking like a idealist not realist. It does not matter if ASICs are necessary or not, the thing is that they exist they are here to stay and we have to deal with them.
And yes, hurdles like ASICs are necessary for the development of cryptocurrencies. This is how it works everywhere in nature. ASIC resistant algos exists because ASICs exists. More smart ASICs will only lead to more robust asic resistant algos.

You are saying that we need both miner and devs to keep check on each other but what we "need" doesn't = what we get.Yes awarness is necessary in the community but the fact is majority of miners (95%+) ONLY mine for capital gains without caring about decentralisation or humanity, just have a look at ASICs sale.

Yes i contradicted myself by saying that it is job of devs to be responsible (only possible in ideal world) but even if the community abandons use of ASICs that won't stop Bitmain from manufacturing them. There is already enough money in mining from their own miners. ASICs are a reality we have to accept. Only solution is to completely abandon the coin which doesn't use latest asic resistant algo (again only possible in ideal world).
The best we can do is launch an aggressive assault against pro asic coins on forums. It is the duty of High merit members (like you) who have taken red pill to speak against these coins on that coin's forum.

I do believe that ASICs are on the losing team in long run.