Monero Devs Want To Upgrade Algorithm To Maintain ASIC Resistance

Monero Devs Want To Upgrade Algorithm To Maintain ASIC Resistance
After Bitmain’s announcement earlier this month of their new ASIC-powered Antminer X3 designed to mine Monero, as well as other cryptocurrencies based on the CryptoNight algorithm, the altcoin’s developers have released an update that will prevent the new device from being effective, according to Monero core developer Riccardo Spagni’s Github post from March 24.

The new Monero update, called Lithium Luna, is scheduled for April and states that it “slightly changes the proof-of-work algorithm to prevent DoS attacks by ASICs.”

When the Ant ...
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