[Bitcoin-development] ASIC-proof mining

Andy Parkins andyparkins at gmail.com
Fri Jul 4 11:28:08 UTC 2014


On Friday 04 July 2014 07:22:19 Alan Reiner wrote:

> I think you misundersood....  using ROMix-like algorithm, each hash

I did.  Sorry.

> requires a different 32 MB of the blockchain.  Uniformly distributed
> throughout the blockchain, and no way to predict which 32 MB until you
> have actually executed it.   If the difficulty is high enough, your
> miner is likely to end up going through the entire X GB blockchain while
> searching for a good hash, but other nodes will only need to do 32 MB
> worth of disk accesses to verify your answer (and it will be unknown
> which 32 MB until they do the 1,000,000 hash+lookup operations on their
> X GB blockchain).

Excellent.


Andy

-- 
Dr Andy Parkins
andyparkins at gmail.com





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