Re:Monero Declares War on ASIC Manufacturers
by plasticmachine on Thursday February 15, 2018 @03:44AM
(#16382660)
Everything is open and transparent, so a "leak" is absolutely guaranteed. It appears the plan is to merely make some sort of change every 6 months such that an ASIC manufacturer hardly has time to develop a change, tape out, and actually mine for longer than a month or two. This should make it prohibitively expensive.
I presume they've considered this, but this seems like a dangerous approach. How will they decide which change occurs, how far advance will it be decided, and how will they keep this decision secret? Think of the potential advantage to a party who uses foreknowledge of the exact change to have ASIC's ready at the official announcement. If done on a small scale, it's possible that no one would ever know. If done on a large scale, it would be obvious after the fact that a leak had occurred, but the repercussions would likely destroy the currency.