Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
by
puwaha
on 26/07/2018, 09:09:47 UTC
When will the algo change?
There is no exact date.

This is official Team's statement ->
https://blog.zencash.com/zencash-statement-on-potential-equihash-algorithm-change/
When the algorithm changed implemented in ZenCash network, I believe it can have big impacts (positive ones) on the community.
It's always good to become ASIC-resistant, because coins with ASIC-resistant characteristics can have stronger ability to deal with dominant hashrates, which in turn prevent potential attacks.

This is an ill-conceived thought process.  A coin that can only be mined by GPU and has a low network hashrate can be attacked by renting GPUs from Nicehash or Miningrigrentals.  Why wouldn't someone try a 51% attack with bitcoin?  Because it's network hashrate is too high to make it worth the effort... this is due to ASICs dominating the network.