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).
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Replying to @austorms @FluidFluxation and
There are many possible PoW changes, with varying pros and cons. As broken as SHA2 is today, I would support (almost?) any of them.
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Replying to @LukeDashjr @austorms and
Relevant question, how do we know for sure, asic vendors sell miners as efficient as they use for themselves to mine..?
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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.
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Replying to @brian_trollz @LukeDashjr and
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.
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Replying to @CryptoBacon @LukeDashjr and
I see nothing unethical whatsoever. If you build something, why shouldn't you be allowed to use it?
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Replying to @brian_trollz @LukeDashjr and
So the only miners in the future will be ASIC manufacturers. This is a centralized point of failure.
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Replying to @CryptoBacon @LukeDashjr and
No, its an incentive for more people to produce their own ASICs.
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Replying to @brian_trollz @CryptoBacon and
Or change PoW, since producing own ASICs is impractical.
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That's a cop out.
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Replying to @FluidFluxation @LukeDashjr and
Is reverse engineering, large scale production, or patent law the primary barrier, or a combination of the above, or otherwise?
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