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RE: ASIC, The Ticking Bomb Of Proof Of Work Blockchains (Bitcoin, Monero...)

in #bitcoin7 years ago

ASIC is Application-specific integrated circuit, right? As in, circuits that are made especially to mine? I think I understand why that makes sense in context.
And thank you for teaching me something that I hadn't considered. Here's hoping that Steemit's proof of brain catches on before everyone loses interest in finding better solutions.