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Board Announcements (Altcoins)
Re: [ANN][EMC2] Einsteinium | Funding the Future With the Future of Currency
by
praxiscat
on 28/03/2014, 15:54:36 UTC

A little fuel:
We looked up the code and were able to see that the current 'power savings' are just temporary as the algo itself is very bad in shape so its not properly configured which leads to less work for the card. So if its 'optimized' ( which is something bad in this case :-) ) in the future that energy saving 'feature' will fall apart but the hashrate will rise because of optimiziation.
Furthermore all algos used in x11 are optimized for ASICs :-)


So its possible that X11 is a "Trojan Torse"?, trying to trick us with energy saving and ASIC resistant talk, when in reality its just a poor optimized algo?
And in the near future after a widespread adoption its true colours will show up? Like a super duper X11 ASIC miner?
Is the ASIC industry trying to manipulate us?  



The Idea is just to keep asic far away for some month to gain volume

Essentially, yes. Eventually there will be X11 asics as it gains popularity, but it is probably at least a year away. By that time EMC2 will go from it's startup phase and into it's maturity phase. More mature coins can benefit from ASICs, and by that point it would not hurt the coins value. We don't want this coin to be a pump and dump coin, we are trying to build a sustainable organization around the coin, that can be the basis for a sustainable community.
Again this is a big if, the developers have a big word in this. derbrause by the way is one of them.
Again I think one thing the community in general is nothing is ASIC proof forever, but timing when ASICs come in does have impact over the life of a coin.