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I don't owe you a multi paragraph explanation lol

I already said it's a shitcoin because it's not sufficiently decentralized. I already referenced the hardforks and ASIC resistance. These aren't knew arguments...

Cyber Seagull 2y ago

X5 is pretty recent, and research is underway to make it as profitable as any other CPU and remove its advantage. X5 happens to be using specific chipset technology that is only maginally better than a desktop cpus. Its an arms race between 1 cpu 1 vote, as satoshi envisioned and manufacturers trying to inch out an extra buck. It's not really an Asic by the way. Its an optimized series of desktop CPU's. A very dense desktop/server with regular archeture and instruction sets at the processor level. You could run regular software on them. Asics are very different, they only hash 256.

Compared to Bitcoin, the X5 outlier is an incredibly small portion of hash. Most hash is provided by regular people, as satoshi intended. Bitcoin has given up on small miners. Bitcoin has centralized around a few pools and companies and power grids. The whole point of Bitcoin is to be independant from governments, if the majority of security hash is provoded by government infrastructure and not anomymous every day users indistiguishable from anyonenelse using a computer, it can and will eventually be censored. It might take decades, but the difference between home gun ownership and keeping all your guns in a local depot, should be obvious.

You are scared of hardforks, but hardforks for the right reasons are a good thing. Even bitcoin will have to hardfork one day for Quantum resistance. Hardforks for bad reasons just mean one will win and become stronger. Several side monero's have already forked.

Forking is peace.

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Discussion

Dan 2y ago

It's an expensive purpose built miner that achieves a hash density that would be very expensive to compete with at home. It "not being an ASIC" is the worst kind of overly semantic argument. It's a distinction without any significance.

It's a perfect illustration of why trying to arbitrarily and artificially limit hash density is asinine. You can't stop specialization. You can only anchor to thermodynamics.

Saberhagen The Nameless 2y ago

Dan 2y ago

Annnnnnnd he misses the point... again

Saberhagen The Nameless 2y ago

But apparently you can limit the upper bound on centralization

You're free to break RandomX anytime you want and prove us wrong though

Cyber Seagull 2y ago

its not though. They are selling old hardware at what would be a loss on a desktop machine. Again, it's specilized in physical layout but not in processor level structure, like an ASIC is. Its like ordering a custom motherboard or desktop case with ports, lights and fans in the places you want them.

This is not what an asic is. Asics are a specific non arbitrarily defined category of hardware. Not semantics. You are handwaving away a precise distinction through semantics, not me.

The X5 does not meet this criteria, it does not beat the desktop versions or defeat the intention of Randomx as it is competing fairly with every other desktop solo user with a thread ripper.

a fleet of X5's, for instance, would not create more of an advantage for a mining operation, the way only fleets of asics can now compete in the adjusted difficultybin bitcoin.

Whether twenty large X5 fleets are mining or none, the average user can contribute to the network and win kyc-free xmr's.This is the point of RX.

Let's suppose you were right, and X5's did give some economic advantage similar to asics. That means that up until now RX worked. Your position is tantamount to "life is meaningless, just give up". A defeatest Bitcoin maxi attitude is not surprising as your entire future value prop relies on the total collapse of modern civilization.

Its an arms race Bitcoin gave up on, but the Monero community is passionate about. Along with default privacy It's a very Cypherpunk ethos.