Anyway, did you noticed how things are moving in scrypt disfavour?
Lot of coins like Dark coin, and Myriad coins are gaining huge popularity as everyone is scarred of 100 MHs KNC ASIC
we should promote this coin hard way!
But you do know that this coin is asic friendly ?
+1 sha3 asics exist. I posted proof a few pages ago but nobody bothered to read my post.
I like myr but of it gets any bigger basics can be developed to mine it easily. and I'm talking skein, keccak and groestl not just scrypt and sha256.
Long time lurker (myriad coaxed me out of the shadows) and first post in the BTC forums so please be gentle!
You are definitely right and it was an interesting paper. They will be months even years away as the profitability is in scrypt right now but no matter what algo is developed an ASIC will eventually exist given the profit motive even with punitive N-factors (although they seem somewhat effective in the medium term). So going forward this coin will need some way of adapting the 5 algos to ensure it keeps a healthy balance between hash rate/hardware cost/transistor density/asic friendlyness.
To ignore this issue would be to ignore the innovation this coin brings. I welcome the discussion of how to face this exciting future. As in nature and business we must evolve or die.
ivanlabrie you seem well versed in this subject, what would be your suggestion going forward?
