The first fork coming closer and closer.
Regarding this well known blog:
https://blog.zencash.com/zencash-statement-on-potential-equihash-algorithm-change/"The timing of the change will be based on how quickly a second hard fork can be successfully completed after the ZenCash upgrade in July 1. The team is working to do this within 4-6 weeks after the July 1 hard fork, and will determine a more precise date as the potential event gets closer.
The ZenCash development team, in collaboration with the community, reserves the right to review and change the decision to Hard Fork, especially if it is determined that changing the Equihash-144-5 algorithm will not be effective in promoting decentralization of mining."
The blog is nearly 2 month old now. Are there any results of the evaluation process (change/not change the algorithm), which can be announced to the community?
I hope the ZENCash team will fork the chain to equihash-144-5 algo, because I support the project for a long time and don't wan't to see my GPU-Rigs are obsolete in the future. Furthermore I don't sell any ZEN I mined since I'am involved in ZEN mining --> but I sell all my ZEC, because I think they move in the wrong direction.
In my opinion a simple reason for ASIC resistance is the following: the decentralization is realized by many private community members mining with their own graphics cards in their houses. Not many of them will buy an ASIC for mining. ASICs shift the main hashpower to the bigger players... But that will shrink the community clearly. Additional, the bigger players just sell their coins to get the profits of mining, but with a larger community some more people (like me) will HODL their coins because they don't only see mining profits and they see all the functionality behind the simple "Mine->Sell"-thing.
The ZEN-Team is a very competent Dev-Team and I hope continue the their great work on ZENcash.
