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Board Announcements (Altcoins)
Re: [ANN][ZEN] Horizen: Bringing Privacy To Life [EX ZenCash]
by
TheHas
on 01/09/2018, 09:42:44 UTC

Moving to a blockDAG should allow us to collapse the difficulty to a point where single GPU solo mining is possible once again. This has been talked about for 8+ months now and has always been the mid term solution we're aiming for.

The recent decision simply means that we aren't willing to risk a drop in hash by shifting parameters.

The real solution to decentralise mining is and almost always has been the blockDAG, that's why it's a fully funded project that's already well underway.
Rowan Stone

Is there a link to further detail on what you mean by creating/moving to a 'blockDAG'? Had a look on google on what it is but there isn't much that is concise - interested in what it means for Horizen perspective.

The recent announcement was only focused on not shifting the algorithm despite asics, which is why you see frustration on this forum. I didn't see any detail about a blockDAG protocol that would somehow allow single GPU solo mining down the track. If this was explained, you could allay some concerns.

I mean, if you look at this article from just last week, it details Horizen's commitment to ASIC resistance and the blockDAG protocol as two separate things: https://www.finextra.com/pressarticle/75156/zencash-rebrands-as-horizon

Quote: In collaboration with established partners, Horizen plans to research and develop a ZenVault wallet, blockDAG protocols for significantly increased scalability, and ASIC mining resistance.

So is a blockDAG protocol related to asic resistance? And if so, how?