The Monero blockchain protocol is updated, to make the ASICs completely unusable to mine this cryptocurrency, something that the team of creators of the currency has already warned.

When Bitmain announced that it had developed an ASIC for Monero, the developers of this cryptocurrency already warned that they would not allow centralized mining through ASICs to pass as Bitcoin. They already said that if these products reached the market, they would update the protocol on which this cryptocurrency is based, to leave them as an expensive paperweight and Bitmain does not accept returns. Well, Monero has updated its protocol and rendered the ASICs for CryptoNight useless.

The developers of this currency refuse to have a centralization of the Monero mining and for that reason they have updated their blockchain to version 12, causing the ASICs for CryptoNight, to have a poor performance. This update does not mean that a new cryptocurrency is going to be launched, far from it, since these updates are normal, but several user groups, which have nothing to do with Monero, refuse this change and that is why they plan a currency that makes use of the protocol in its version 11.

This change has been well received among Monero miners, since they mostly use normal computer hardware, as was the case initially with Bitcoin and as with other currencies, such as Ethereum, Zcash, Verge and many other currencies. The positive is that they will not see the difficulty skyrocket and they will be able to continue mining without major problems, they will only have to update the mining software.

Just a few weeks ago, the ASICs for Monero have arrived and they are no longer worth anything, so the investment of those who have acquired one of these can be considered as a loss. It cannot be said that this was not known, because the developers have already warned that this would happen and Bitmain was not responsible and does not accept returns.

On the other hand, the founders of Monero Classic have said that manipulating the resistance of the ASICs is another way to create a harmful centralization, in addition, they have attacked the developers, saying that the creators can change the rules of the game at will. It does not seem possible and if the rules are changed and there is no consensus, that will have a clear economic impact on the currency, which could plummet in value and in difficulty, since many would choose to go to mine another currency and burn all the coins. coins, plummeting in value. That simple