Is DERO ASIC resistant?
It will be with the Atlantis release in a few weeks.
I doubt it. The devs avoid to confirm that. If you ask the devs, they will say something like "we are working on the most robust, secure, energy efficient and decentralized blockchain". Note, that ASICs are the most energy efficient devices ever.
We have confirmed that we are using a new algorithm that isn't ASIC friendly. This is what we have said we would do, and it will be released with Atlantis.
Yes, what is generally referred to as ASIC technology is advancing, and perhaps it's inevitable that mining/network security heads in this direction for a number of reasons. For now though, we are moving to a brand new algo and it takes quite a while to develop an ASIC for any algo.
So, you confirm that the change of algo will happen not because you would like to fight ASICs, but because you are creating the most robust, secure, energy efficient and decentralized blockchain. Later on the BitMain is welcome to develop a new ASIC for Dero because it's inevitable. The emergence of specialized mining machine for a cryptocurrency is normal market economy phenomenon.[
] If there are professional mining machines, the events like Monero was attacked by more than 500,000 botnets could be avoided, referring to botnets that have been used to mine Monero. - said some Monero [Monero-Classic] enthusiasts from Singapore.