Quote from: ETFbitcoin on December 09, 2019, 06:11:39 PM

While your algorithm could resist ASIC/GPU/FPGA/CLOUD/MAINFRAME, but it doesn't solve all problem.

1. Rich people still could buy lots of CPU and build mining farm
2. You're replacing possibility of monopoly from ASIC/GPU manufacture to CPU manufacture (Intel, AMD and ARM)
3. You haven't solve hashrate domination by mining pool and mining farm

1) Yes you are right. But the important thing is not that rich people can buy a lot of computers and mine a lot of coins. The important thing is that this does not make it impossible to mine the coins of all other people in the world! But now mining is available only to those who have a lot of money.

2) No. CPUs are being monopolized ALREADY. Moreover, a long time ago - long before the birth of Bitcoin.
It is much more important here that mining will no longer take away the lion's share of all produced electricity from the whole world.

3) You are mistaken ...

Look at what scheme a regular pool works:

Here, ordinary users are forced to look for a Hash in the WHOLE range of nonce values. And users who are connected to the pool search only in the selected segment. Hence the gain in the speed of finding a suitable hash and a greater total reward.

And now see how the pool will work if the POW algorithm is based on my algorithm:

Are you see? Ordinary users search EXACTLY in the same range of values as users who are connected to the pool.
So - there will be no gain from pool.