How much coke is he doing?pic.twitter.com/77qkK0M0VI
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The PoW change that Luke recommended previously was an SHA2 variant “or” change. Whereas each manufacturer would produce an ASIC re: Halong SHA2 or Canaan SHA2 or GMO SHA2, and malicious miners (presumably Bitmain) wouldn’t have their SHA2 variant included in the PoW algo(s).
There are many possible PoW changes, with varying pros and cons. As broken as SHA2 is today, I would support (almost?) any of them.
Relevant question, how do we know for sure, asic vendors sell miners as efficient as they use for themselves to mine..?
Don't tolerate ASIC vendors mining, for a start... That's absurd on its own right - companies should not compete against their customers like that.
For one they can use the hardware exclusively until it's no longer competitive for others to use the hardware when they release it. Just unethical monopoly.
I see nothing unethical whatsoever. If you build something, why shouldn't you be allowed to use it?
So the only miners in the future will be ASIC manufacturers. This is a centralized point of failure.
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