kaal:claim:4015908-031

Grin avoided privileging miners who could develop ASICs before launch by gradually scaling up the portion of coins allocated to the ASIC-friendly algorithm over two years, which allowed hobbyist miners to participate.

Source quote, verbatim

However, Grin did not privilege miners who could develop ASICs prior to launch, rather they gradually scaled up the portion of coins allocated to the ASIC-friendly algorithm over 2 years, allowing hobbyist miners to participate.

From

Wulf A. Kaal, Fair Token Launch (2022), IV. Fair Launch Protocols, p. 15
https://ssrn.com/abstract=4015908 · source PDF

Cite as

Wulf A. Kaal, Fair Token Launch (2022). SSRN: https://ssrn.com/abstract=4015908

Holds when

dual proof of work offered over the first two years

Classification

empiricalsupport: evidencedconsensus-and-security

Verify

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