Back on topic... I think the devs are getting way too much flack for their decision to delay introducing any POW algorithm changes. Their decision was a hard one, but ultimately their decision was based on the security of the network which is more important. I know many GPU miners are disappointed, but changing to a new algorithm opens them up to new 51% attacks from another Nicehash GPU onslaught.
When the equihash ASIC were first announced, I saw a little bit of a knee-jerk reaction from the devs and that worried me. They had a few months to consider some options, but this kind of change is not easy. I like the position that they would rather be the leader of an algorithm, than just chase their tails trying to prevent ASICs every six months like Monero is trying to do.
They need to complete their consensus changes, and then take a look at alternatives like ProgPOW, MTP, etc.
Ultimately it's the features of an altcoin that will make people want to use it, not whether it can be mined by a GPU or ASIC... that's petty stuff.
And no one would like to see this scenario (Another attack)!
BlockDAG is meant to collapse difficulty. It was always meant to be the
long term solution to mining centralization.
Ultimately it's the features of an altcoin that will make people want to use it, not whether it can be mined by a GPU or ASIC... that's petty stuff.
This is more than useful comment!