{"type":"rich","version":"1.0","author_name":"npub10smxhd3sgcsgtr4wmumgp0chxj920qelj38amtye6477xj6e7ats30r40g","author_url":"https://nostr.ae/npub10smxhd3sgcsgtr4wmumgp0chxj920qelj38amtye6477xj6e7ats30r40g","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2014-07-04\n📝 Original message:I feel everyone should re-read that last paragraph as it carries the most\nweight IMO.\n\n\nOn Fri, Jul 4, 2014 at 9:50 AM, kjj \u003cbitcoin-devel at jerviss.org\u003e wrote:\n\n\u003e Just some general comments on this topic/discussion.\n\u003e\n\u003e I suspect that there exist no algorithms which cannot be done better in\n\u003e an application-specific device than in a general purpose computer.  And\n\u003e if there is such a thing, then it must necessarily perform best on one\n\u003e specific platform, making that platform the de facto application\n\u003e specific device.\n\u003e\n\u003e I'm not sure how one would go about proving or disproving that, but it\n\u003e seems very likely to be true.\n\u003e\n\u003e IO-bound is exactly the same as memory bound, for devices that have\n\u003e enough memory.  20 GB is already trivial today, and you don't really get\n\u003e into ask-the-wife-for-permission money until you cross 128 GB. The\n\u003e exception would be if the IO was to an oracle outside of the device's\n\u003e control, and artificially limited in throughput.  Such a centralized\n\u003e oracle would be contrary to the goals usually stated by people thinking\n\u003e about anti-ASIC designs, so there isn't much point.\n\u003e\n\u003e Keeping the algorithm simple, and ASIC-easy, has one other advantage.\n\u003e Just about anyone can sit down and design an ASIC for SHA, for example,\n\u003e leading to diversity in the marketplace.  A harder algorithm can still\n\u003e be made into an ASIC (or more generally into an ASD), but will require\n\u003e more skilled designers, more expensive fabrication, etc.  This actually\n\u003e concentrates the ASIC advantage into the hands of fewer people, which\n\u003e again, is contrary to the stated goals.\n\u003e\n\u003e\n\u003e ------------------------------------------------------------------------------\n\u003e Open source business process management suite built on Java and Eclipse\n\u003e Turn processes into business applications with Bonita BPM Community Edition\n\u003e Quickly connect people, data, and systems into organized workflows\n\u003e Winner of BOSSIE, CODIE, OW2 and Gartner awards\n\u003e http://p.sf.net/sfu/Bonitasoft\n\u003e _______________________________________________\n\u003e Bitcoin-development mailing list\n\u003e Bitcoin-development at lists.sourceforge.net\n\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\u003e\n\n\n\n-- \n- Ron\nend of line.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140704/99018773/attachment.html\u003e"}