ZEN miner and holder too, wondering what is the official position regarding ASIC mining. Something will be done about that and if yes when. A clear answer will be greatly appreciated.
Thank you.
The Zencash team thinks the changing of the PoW is lower priority than the super/secure nodes and something else. So there will be no change of PoW in the short term.
This is not true! Security of this project is priority! The recent decision simply means that we aren't willing to risk a drop in hash by shifting parameters, and become target for another 51% attack.
I'm all for algo R&D, but in terms of priorities and what we're actually spending eng resources on: 51% protection, tx efficiencies, network efficiencies, product improvements and new product releases, treasury DAO (which would make voting on these things much better!), sidechains, and DAG R&D (which i think is real solution anyway), it doesn't make sense to do the EH param shift or to divert resources from
one of these other key differentiating techs to new algo implementation purely for asic res
Think about everything we're doing and where this project is going. The team is rocking it across the board and we're just getting better at what we do; we have good projects right now we're pushing out hard to key growth segments, and we're about to release great new products; then there are the key future differentiators--treasury DAO, sidechains, smart contracts with snarks, blockDAG, etc.--none of this changes bc we didn't choose an EH param shift, so this all has to be kept in perspective. There are other projects that solely focus on asic res (like vertcoin), that's not us. Ironically, blockDAG has the potential to blow this whole decentralization of mining question out of the park
Robert Viglione
What I believe we should do is continue to work on the path we have been on along. We have a software development path that will continue to make ZEN easier and better for users. It takes time to develop, test, and ship software. By following our roadmap we will get to where we need to be. We are in it for the long term, for providing the systems and solutions that we have been discussing and planning since before we launched. ZEN may go up and down in price compared to both USD and BTC in the short term, but in the long term the value will be determined by its usefulness and the amount of people using it. As long as we keep working on that, the price will take care of itself.
Rolf Versluis