Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
Rolf Versluis (also known as BlockOps) is co-founder and Special Advisor of ZenCash.
I agree with Rolf's opinion on not really such a thing as ASIC/FPGA Resistance. However, there most certainly is such a thing as ASIC/FPGA EVEN KEEL.
I agree with Rolf's opinion on not really such a thing as ASIC/FPGA Resistance. However, there most certainly is such a thing as ASIC/FPGA EVEN KEEL.
I agree that there is no such thing as ASIC/FPGA Resistance. How about ASIC/FPGA impractical? uneconomical?
I saw a new algorithm supported by z-enemy called Hex. To make a Hex ASIC/FPGA, you would first have to implement each of the 16 algorithms in hardware, then make a sequencer to select a different algorithm every block. The transistor count would be 16 - 20 times that of a current ASIC/FPGA. Why would a ASIC/FPGA manufacturer sell one miner at an increased cost when it can sell 16 different miners?
Hex is the first algorithm I have seen that is the closest to ASIC/FPGA Resistance as can be. The coin using it is another masternode shitcoin with a few other original ideas. Long term I don't see a use for this coin, but my mining revenue is higher than whattomine.com for the first time this year. And 46.6% more revenue than mining Zencash. Now I need to find an exchange to convert XDNA to ZEN
