Let’s talk about ASIC mining

[ProwdClown]

@jamest

I see very few reasons to oppose a fork to preserve ASIC resistance. Zcash would be more decentralized and block rewards would go to more people. Moreover, I believe it would be much harder for GPU miners to form the kind of cartels that we’re seeing in Bitcoin, wherein miners will manipulate the block times and transaction costs to increase their profits at users’ expense. We see a disturbing example of this in December, and it’s reasonable to believe that Bitmain played a role.

It really seems like a clear cut issue to me: Zcash should modify its proof of work algorithm to prevent ASIC mining.

I totally agree!

I can actually read between the lines…

"To heck with the so called, “community” (mostly GPU miners) who invested in your venture; among which was “ASIC - Resistance.” Zooko is more or less saying “To heck with GPU Community; I’m going to the ASIC community; who might even give me kick-backs.”

No sense of urgency to stand behind the “community” who invested time and money just as you invested time and money. I “respectfully” request you address this community with an “emergency” measure to first do something small to see how big of an impact ASIC’s already have had. I believe many here would agree with doing that at the least… No?