Re: Question on Darkcoin

X11 and SHA3 ( Keccak ) are not ASIC resistant at all, according to NIST (National Institute of Standards and Technology), if you want to become SHA3 candidate, you need to be able to create by ASIC. AND every algorithms in X11 used to be SHA3 candidate until Keccak win the competition and become SHA3.

Here is the paper : http://csrc.nist.gov/groups/ST/hash/sha-3/Round2/Aug2010/documents/papers/SCHAUMONT_SHA3.pdf

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.

Sonofa... YOU FUCKING SERIOUS? You did all this just to get your slice of the pie, not because you gave a fuck about ASIC resistance?

He's not Moses, parting the sea to stop ASIC is harder than it sounds. Heavycoin tried to make a CPU only coin and got raped in about 2 days by GPU lol. A CPU only coin is pointless, so it's actually an upgrade for Heavycoin.

Stop no, but slow down yes...
And I agree CPU-only is a bad idea, because then botnets come in and dominate it. GPU-only is the sweet spot that allows anyone to participate in.