x11 is asic proof for the moment.. but the most important to me is the less energy gets wasted.
https://bitcointalk.org/index.php?topic=540160.0I saw many altcoins say they are ASIC resistant because of X11 and SHA3. First time, I saw this statement, I decided to keep quite a while, because I think no one will believe that, turn out I saw much topics that claim X11 and SHA3 are algorithm for ASIC resistant. I think before this believes go wire spread more than the current situation, I need to do something. To let people know, what they are believe is TOTALLY wrong......WHY ?
X11 and SHA3 ( Keccak ) are not ASIC resistant at ALL, according to NIST (National Institute of Standards and Technology), if an algorithm wants to become SHA3 candidate during that time; one thing that algorithm must have is
it need to be able to create by ASIC. AND every algorithm in X11 used to be SHA3 candidate until Keccak wins the competition and become SHA3.
Reference paper :
http://csrc.nist.gov/groups/ST/hash/sha-3/Round2/Aug2010/documents/papers/SCHAUMONT_SHA3.pdfI hope, this is the topic will help someone who got misunderstanding that X11 and SHA3 are ASIC resistant change they believe before it will repeat step Bitcoin.
Here is the reponse from Darkcoin dev
The whole point of X11 is to try and get the same network growth cycle as Bitcoin. Once Darkcoin is worth enough, people will invest the capital to create the ASICs. I never really had an issue with that, in fact that was the point of creating a new hashing algorithm, I think it will be healthy in the end to move to ASICs.