Why and what would be the advantages in upgrading the proof of work algorithm again? Will it reduce hashrate or increase it?
The goal was to brick existing ASIC miners. The advantage of this is that it keeps mining decentralised.
There was a comment on github that said that our hashrate doubled and so there will be more investors. If that was true then why did we change the proof of work algorithm to stop Asics?
Why do you care about "investors"? Surely people that use the coin are far more important than "investors".
Finally, the hashrate itself isn't too important. The Monero network at 500 MH/s would be much more secure than the Bitcoin network at 500 MH/s. One has millions of computer securing it, and the other one has a single 5 year old GPU.
Why do I care about investors? Investors are holders. If Aeon has more holders, it will have a bigger community, if it has a bigger community, it will have a bigger chance of success.
Also, a higher hashrate secures Aeon and that is very important. Maybe you did not hear the news about the
Asic resistant coin, Vertcoin?