ASIC Resistance is Nothing but a Blockchain Buzzwordby@stopanddecrypt
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ASIC Resistance is Nothing but a Blockchain Buzzword

by StopAndDecrypt18mJune 8th, 2018
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In the wake of the recent and most <em>(in)</em>significant push to change Bitcoin’s Proof-of-Work, I thought it would be a good opportunity to score some more brownie points from the community by laying it to rest. I’m going to discuss the broader topic of hardware specialization <em>(“ASIC Resistance”)</em>, the technical and logical flaws in trying to resist specialized hardware, some history around this, and then I’ll touch on what I hope to be a short lived <em>(and fishy)</em> motion for a Proof-of-Work algorithm change that nobody wants besides two and a half people.

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