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replied 2078d
No, ASICs worsen centralization compared to general use hw.
replied 2078d
I don't agree with this, people who buy Asic for a specific algo are way more loyal than general purpose HWs. It's better for security and mining is always centralized because of pools
replied 2078d
Way more "loyal" like the handful of chinese sha256 (majority hashrate) miners who conspired with Blockstream to render the network useless for transactions?
replied 2077d
Well in case of a fork you can never guarantee they stay on your side for sure. I said loyal in this way that they can only mine your coin (not the case with SHA256 anymore)
replied 2077d
But any alog can be built into an ASIC unless you change the algo every 6 months like monero which also creates lots of instability. Also hard to buy hash to fight off 51% attacks
replied 2077d
I believe the BCH community is big enough to pull enough CPU/GPU hashpower together to defend it.
replied 2077d
Precedent is important.. Look at monero's example.
replied 2077d
I'm also not in the favor of SHA256 community. they are probably gonna screw us again with ABC's new IFP. But why don't you bring up your opinion to BCHN folks? Seems like a good time
replied 2077d
I'll try to send them a suggestion over the weekend, although they should know what to do already. I have a lot on my table currently, I'm working on on-chain org management.
replied 2078d
The same miners who exploited the difficulty adjustment bug of BCH after the split, rapid mined and dumped it then went back to collect the backlog fees?
replied 2078d
Not to mention our current problem of these "loyal" peeps who swing mine BCH just to fuck its usability up?
replied 2078d
I think you should re-consider your opinion. 👍