Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
dga
on 03/08/2014, 19:13:08 UTC
8 ) innovative proof-of-work seems GPU and ASIC resistant

Let's just quietly remove that one from the list before the post looks foolish in a few months.  I haven't paid enough attention to the rest of the currency to comment, so I'll keep my mouth shut there.

I guarantee you:  This is not a "resistant" algorithm.  It has some speedbumps, and they're relatively nice speedbumps, but there's nothing harder in there than there is for designing custom hardware for attacking RSA or other large-number systems.

It's GPUable - again, with difficulty, and the speedbumps are enough to keep a run-of-the-mill developer out of it for a while - but someone like Claymore or C&C could take this one apart in a few weeks.

cf my posts in that thread:
 https://bitcointalk.org/index.php?topic=713538.msg8159131#msg8159131
 https://bitcointalk.org/index.php?topic=713538.msg8159722#msg8159722

(I'm  not convinced this should be a major selling point in the first place, though, so perhaps it's better to find a good point to replace it. Smiley