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-horizonQuote: 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?
I've determined the guys at ZEN are doing nothing more than spending a LOT of money on marketing ploys while acting like politicians [Riding the fence to TRY to please both sides] while having NO REGARD for the GPU community who got them to where they are today.
They have PROVEN to me they only give a damn about their precious marketing of a coin creating promises THEY CANNOT KEEP without implementing certain things I have yet to see implemented. I'm NOT going to tell them what they need to do in order to keep their promise of privacy either since they have absolutely NO REGARD for the community.
I was asked a few months back to give an unbiased review of ZEN but I told them I have to do some research into their projects. As I dug deeper to see what goals they had in mind; I was like, "Damn, they have a hell of an undertaking if they expect to do what they are promising." They sure as hell don't want me to give a review now because it WOULD be a negative review. They have yet to PROVE to me how they will avoid government surveillance BEFORE a customer's data ever gets on their precious blockchain.