Are you serious some GPU miners will stay? I was a GPU miner until those z9 equihash ASICshit. I had 13 x GTX 1080ti and 4 x GTX 1070(ti) on ZenCash. Do you honestly think I am still mining Zencash when I can do more on ETH or other coins? You are on the bottom of every coin calculators web sites when I calculate most profitable coins.
And by the way I bought a Z9 and I will NOT mine Horizen but Zcash.
But thanks, it was a very cool project until recently
Yeah it's a massive backflip. All the previous zencash/horizon articles have been about 'listening to the community' and 'researching asic resistant algorithms'. Then overnight it's like, oh, well ignore those articles, because we're staying an asic coin because you know, it takes a lot of time and energy to change algorithms.
I'm not an expert on how much work it takes to make algo changes, but with a 10 percent block reward going to development, they should be able to make it work.
Also, the team knows for a fact that the 'do nothing' decision supports centralisation of zen, not decentralisation or community empowerment. It is almost a guarantee that if a community voting mechanism was in place today, it would support a move away from ASICs. The decision to stay with Equihash goes against (what I thought) are the objectives of Horizen to create a decentralised currency and platform. To me, the decision to support the Asic manufacturing industry is extremely disappointing.