Post
Topic
Board Altcoin Discussion
Re: [LTC] Changing the litecoin Proof of Work function to avoid ASIC mining?
by
iddo
on 06/12/2013, 07:34:21 UTC
The miners can vote on whether they wish to change a protocol rule, as was the case with BIP16 (P2SH) in Bitcoin.
But do you hold the vote before or after the ASIC is deployed in significant quantity? Wink

Before, maybe non-mining users can also vote via some sort of a fee, though this can be messy...

BTW, I'll believe that ASICs that use 128.5kbytes (or less with TMTO) per scrypt() invocation exist only after I see any, the production cost of such an ASIC should be much higher than SHA256 ASIC.
Maybe some Bitcoin ASIC manufacturer like Avalon can estimate for us how costly it is to manufacture scrypt ASIC ?