Hasrat network Monero has increased significantly over the last month, almost ustroivshis for a few days and approaching the historical maximum.
“More than 85% Hasrat have on Monero ASIC-miners, where each device generates a 128 kh/s”, — writes the author of the new study.
A discovery made on the basis of the analysis of the nonce in each block and traced it patterns, have caused an intense debate in the cryptocurrency community regarding need to change the hashing algorithm every 3 months to make the development of ASIC miners for Monero is less useful. Earlier they agreed to change the algorithm every 6 months, but it was not enough.
The need to implement the forks every 3 months may cause inhibition of development of cryptocurrency, if developers will have to throw all their strength on the algorithm change and associated testing that can quickly knock them from the track in the highly competitive space of anonymous altcoins, notes Trustnodes.
On the other hand, the unique advantage of Monero will remain the possibility of its production at non-specialized equipment. Here also grows a negative reputation Monero related to assumptions about the existence of large botnets that use the computing power of unsuspecting users to enrich their owners. However, the availability of mining Monero allows you to use bitcoin to monetize sites and even attracted the attention of UNICEF who created the page, which visitors are invited to allocate their resources for mining cryptocurrency.
Monero lead developer Ricardo’s Spanyi, in turn, argues that the fight against ASIC mining is a temporary measure, not a long-term strategy.
“Monero is working on the fence ASIC miners, but not on their exception,” he said.
Thus, the developer’s plan is to not let into your network of ASIC-miners, until they become available to the common consumer.
Various teams tried to return to the paradigm of “one CPU one vote”, but to date, their initiatives did not bring much success. When the developers of Monero has declared the fight against ASIC mining a year ago, they were not intended to be limited to temporary measures. The idea was that the threat of algorithm changes will be strong enough to prevent the development of new ASIC miners. She, however, showed its inconsistency, when, after declining Hasrat 80% in the spring of 2018 Monero was one of the first major cryptocurrency that was attacked 51%.
The developers said that they plan to change the algorithm every 6 months will effectively resist ASIC mining. However, the last example suggests that it is not. After the algorithm change in October, Hasrat actually fell by 50% over 5 days but just 2 weeks returned to previous levels. Perhaps the change of algorithm was not as significant as in the spring, when Hasrat decreased by 90%, and 50% of computing power was out for several months.
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