so when scrypt/asics come out and when GPU's become redundant for scrypt mining. Do you think people will turn to blake-256?
edit: scratch that thought, the new FPGAS will take over and be an ASIC like race all over again.
Just look at the name Asic = Application-specific integrated circuit
No algo can avoid getting an Asic if the demand is there
That's why I have always said it is pointless to be resistant, if an Asic was done for Blake-256 due to not trying to be resistant it would be a smaller chip that is cheaper to make and uses less power yet would also have a fast hashing rate e.g. it would be faster than the current SHA-256 at the same manufacturing process
Blake-256 = Small, Fast, Simple, Power efficient
I also like FPGA's they are re-programmable and lots of ex-SHA-256 boards about that can be reused for Blake-256
This is where I think one should just appreciate the flexibility and power efficiency of FPGA and build a coin that modifies the hashing algo in such a fundamental way every difficulty change that it can't be made into an ASIC.
Blakecoin is a great hedge against weaknesses in SHA256, that's all really (just like any altcoin).
if you mod the algo dynamically like you are saying its not going to be power efficient as you are trying to create resistance
and if you can put it on FPGA then some part of it could be put into silicon!
not seen another coin that tries to be efficient they all follow the resistance path
Scrypt/Skein/Keccak/and multi algo's hashes like QRK none of these look at power usage or hash/watt really
Blake
"Advantages
Design
• simplicity of the algorithm
• interface for hashing with a salt
Performance
• fast in both software and hardware
• parallelism and throughput/area trade-off for hardware implementation
• simple speed/confidence trade-off with the tunable number of rounds
Security
• based on an intensively analyzed component (ChaCha)
• resistant to generic second-preimage attacks
• resistant to side-channel attacks
• resistant to length-extension"
https://131002.net/blake/blake.pdfTuned the rounds to 8 and that is the Blake-256 algo used in Blakecoin
I took the the adequate approach to the security buffer 2
200! which djb talks about in one of his latest talks:
http://cr.yp.to/talks/2014.01.18/slides-dan+tanja-20140118-a4.pdf <-- see page 60
