lots of people claim that Bitcoin's mining algorithm is unfair because ASIC has definite advantages over other chips. So, what can be the most fair algorithms that maximizes decentralization of mining?

  • I assume fair is here meant as "achieves the most decentralization", or do you want to include other criteria? – Murch Nov 29 '16 at 12:50
  • Yes so it is not easy to get an advantage – Yangrui Nov 29 '16 at 16:06
  • What is the definition of fair? – Michael C Ippolito Nov 29 '16 at 16:06
  • I'm also not sure. However there are lots of altcoins claiming they use more fair mining algorithms – Yangrui Nov 29 '16 at 16:33
  • 2
    Specialized hardware always have an advantage over generic hardware – Dr.Haribo Nov 29 '16 at 18:49

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