Quote from: qwizzie on June 12, 2019, 04:08:06 PM

Quote from: Hueristic on June 12, 2019, 03:53:58 PM

Quote from: qwizzie on June 12, 2019, 03:35:36 PM

https://www.coindesk.com/inside-moneros-last-ditch-effort-to-block-crypto-mining-asics
I guess not so great news for GPU miners...

Edit : but good news for Botnets

[img witdh=20]https://i.imgur.com/Lcoyf4Z.jpg[/img]

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Lingering concerns

Perhaps a more realistic concern in the mind of Ehrenhofer and others is the proliferation of botnets on the monero network as a result of a
CPU-friendly mining algorithm like RandomX.

This does raise the question : does the end justify the means ?

First of all who cares about the miners? It's security that matters, period.

You wanna mine and profit you are gambling, if you mine for altruism then you don't care.

And having botnets mine Monera and secure the network is always preferable to them attacking legitimate networks

So I don't see any problems at all here.

snip image

The problem with having botnets securing the network is that botnets do not have the best interest of the network at heart

Actually, botnets *do* have the best interest of the network at heart. They are profit driven. They need the network to work in order for them to make money. Actually, they don't have any interest in the network, which is the best kind of interest. They want the network to keep working so they can make money.

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like normal miners do.

Oh you mean like the selfish mining that has and will continue to occur on the bitcoin network? Empty blocks anyone? SPV mining? Those were fun.

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Miners in general behave in a way thats beneficiary for them and do not hurt their network. Botnets basicly change miner behaviour from
honest mining to selfish mining. I prefer honest mining (Bitcoin) over selfish mining (Botnet-Driven Network) any day.

Bitcoin mining has not been honest and is predicted to devolve into chaos for the chain. , but thats due to a combination of selfish miners and a lack of block reward.

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Then one has to wonder if this will all be for nothing anyways, this struggle against the natural evolution of mining (ASIC).
Just my two cents on the matter...

Evolution, exactly. Adapt or die. This is software. Software is free. Hardware is not. Hardware is shackled to the physical, software is free to roam the universe on beams of light. Monero is software. If Monero doesn't adapt it will die, just as bitcoin (in my opinion, obviously not a popular one around these parts, but for some reason people like their dystopian surveillance chain).

And obviously I'm not condoning botnets... I'm just saying that its absurd to cast them as harmful for the network when they are anything but. ASICs on the other hand....