X11 algo has a planned transition to ASIC miners.
Very interesting! Could you give a link to discussion?
Quote from the DRK dev... whom I understand was the developer or at least the most prominent promoter of X11...
https://bitcointalk.org/index.php?topic=529570.msg5935102#msg5935102The 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.
That in a nutshell tells me that choosing X11 for its ASIC-resistance is not sound choice, as it appears the developer's true intent in designing X11 was only to delay ASIC's while still being ASIC-centric.