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From: "Jorge Timón" <jtimon@jtimon.cc>
To: Daniele Pinna <daniele.pinna@gmail.com>
Cc: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Dev-list's stance on potentially altering the PoW algorithm
Date: Fri, 2 Oct 2015 10:20:55 +0200	[thread overview]
Message-ID: <CABm2gDrOt2m6xfYjtVJne6Cm2nawXtA2-a4y7kaEA1fEgkUUUA@mail.gmail.com> (raw)
In-Reply-To: <CAEgR2PFQtr78B3t147=3Ko4VnTGevb0QCySk=hDSqeFHZk=MPQ@mail.gmail.com>

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On Oct 2, 2015 10:03 AM, "Daniele Pinna via bitcoin-dev" <
bitcoin-dev@lists.linuxfoundation.org> wrote:
>
> should an algorithm that guarantees protection from ASIC/FPGA
optimization be found.

This is demonstrably impossible: anything that can be done with software
can be done with hardware. This is computer science 101.
And specialized hardware can always be more efficient, at least
energy-wise.

On the other hand, BIP99 explicitly contemplates "anti-miner hardforks"
(obviously not for so called "ASIC-resistance" [an absurd term coined to
promote some altcoins], but just for restarting the ASIC and mining market
in case mining becomes too centralized).

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  reply	other threads:[~2015-10-02  8:20 UTC|newest]

Thread overview: 12+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-10-02  8:02 [bitcoin-dev] Dev-list's stance on potentially altering the PoW algorithm Daniele Pinna
2015-10-02  8:20 ` Jorge Timón [this message]
2015-10-02  8:30   ` Adam Back
2015-10-02  8:31   ` Daniele Pinna
2015-10-02 10:46   ` NxtChg
2015-10-02 11:00     ` Jorge Timón
2015-10-02 16:38   ` Peter R
     [not found] ` <CALqxMTH6r8eJN2Xw+nn1z=6x9Q3TRSQQ6ZMXsmHPyX8dNx+EgA@mail.gmail.com>
2015-10-02  8:30   ` Daniele Pinna
2015-10-02 16:45     ` Gregory Maxwell
2015-10-02 21:37       ` Dave Scotese
2015-10-02 21:31 ` Luke Dashjr
2015-10-02 23:19   ` Milly Bitcoin

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