123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL » Business >> View Article

Execoin: On Guard Of Asic-free Zone

By Expert Author: Jerom Fandor

Execoin is one of the very few scrypt ASIC resistant coins, it's fast, reliable, solid-coded and has a dedicated development team. Execoin created a concept of 'ASIC-free zone' - a safe domain for GPU miners and investors ahead of new scrypt ASIC invasion. What does it mean? Currently the entire hashpower of GPU-based mining rigs concentrated on scrypt-based coins mining since Bitcoin and other SHA-based coins are totally occupied by ASIC. But crypto coin market is going to change soon, and this is why: newer generations of ASIC designed for scrypt algorithm are coming and will make GPU mining of scrypt coins absolutely

pointless! Execoin is one of the first coins offering an alternative to the ASIC-controlled zone. Its original Progressive-N algorithm increases memory usage in a progressive manner to be always ahead of more powerful ASIC that may and will be released in the future. In addition, Execoin is multipool resistant and has the shortest block confirmation time among very few other ASIC-resistant coins. Let's look inside the Execoin features and discuss the issues that crypto market will be faced to!

Scrypt ASIC invasion

It's obvious that newer ASICs for scrypt coins will significantly change the cryptocoin market and this process has already been started. For just recent couple of weeks there were several announcement of scrypt ASIC models from the different vendors and their number will grow with time like tsunami. Exactly like Bitcoin ASICs new models will be developed progressively, as soon as just few manufacturers claim their models other vendors will match rapidly!

From the Execoin Developers team:

"It was predictable that scrypt ASIC will be developed and manufactured faster and spreaded progressively, it comes from Bitcoin ASIC experience and we realized this fact when implemented Execoin. That's why we made our N-factor schedule more aggressive in accordance to our vision of ASIC threat and implemented progressive increase of N-factor to withstand more sophisticated scrypt ASIC in the future."

Execoin represents a new generation of crypto currencies that is positioned for the coming scrypt ASIC invasion. What will happen when many GPU-based rigs will be pushed out of their comfort zone? Scrypt ASIC will make mining with GPU financially unfeasible and massive hashpower of GPU rigs will look for some alternatives, still profitable for mining. Execoin has been designed to provide such comfortable ASIC-free zone and adopt this huge hashpower. It is obvious that this migration will lead to significant rise of hashrate in Execoin network and rapid rise of price in the exchanges, however both these factors should be self-balanced and mining with GPU will remain profitable in a long run.


Multipooling is a factor that impact any scrypt-based coin network, multipools significantly raise the difficulty and then leave the network with lower actual hashrate switching to another coin. Kimoto Gravity Well is a known "remedy" for multipooling used in many scrypt coins. But is it really effective? Execoin developers understand the importance of Kimoto Gravity Well for a crypto coin. That's why KGW has been successfully implemented in Execoin in addition to another very effective option that resists multipools in a radical manner. In fact, KGW alone does not provide absolute resistance from multipools and ordinary scrypt coin with KGW still can be mined with multipools. Since the minimum number of blocks which contribute to the evaluation of the new difficulty with KGW is 144, so regular scrypt coin with KGW is still suitable for very short cycles of mining on a multipool.

Multipools require that the same miner with the same parameters can be used to mine any scrypt-based cryptocurrency. Execoin requires custom miners (and custom settings!) not compatible with multipools and so it is multipool-proof by design! Together these two factors resist multipools in a very effective way leaving no chance for multipooling to affect Execoin network.

Investment opportunities

Investment into scrypt ASIC-resistant cryptocurrency is a wise investment option now ahead of new ASIC arrival. It will provide a very decent profit quickly after the massive release of specialized ASIC miners for scrypt algorithm. For example, investment into Execoin, which true value is significantly underestimated now, has a potential to generate a decent profit in just a few months! So investors have a rare chance to benefit from the radical changes that are going to happen on cryptocoin market. Basically, ASIC-proof coins, including Execoin, will repeat 2013's bull run of Litecoin when Bitcoin ASICs were released. ASICs quickly made GPU mining of Bitcoin financially unfeasible and computation power of GPU rigs all over the world has been gradually switched to Litecoin and its clones resistant to those first ASICs. Crypto markets reacted accordingly boosting Litecoin and its clones. The same scenario will happen soon with Execoin. Talking about investment attractiveness, Execoin is currently a coin of choice for investors. Being significantly undervalued this coin has a higher potential margin than any other coin on the market!


Execoin is a virtual currency offering some unique features ahead of scrypt ASIC threat for cryptocoin market. Its defensive strategy of ASIC resistance, and the high probability that the market will play into Execoin's hand in the coming months make it a perfect choice both for miners and investors. Fast block time, embedded 2-level multipool resistance, progressive ASIC resistance and growing infrastructure are strong features of Execoin. According to the recent publications about scrypt ASIC releases Execoin's prospects are looking positive and investors should pay attention to this coin as a profitable "buy & hold" investment.

Execoin is a scrypt ASIC resistant virtual cryptocurrency featuring fast block time and strong multi-pool resistance.

For More Information Please Visit http://www.execoin.net/.

Total Views : 41Word Count Appx. : 920See All articles From Author

Business Articles

1. Communicate Anywhere And With Anyone Using A Best Satellite Phone
Author: Tim Austin

2. The Importance Of Safety Handrails
Author: Duraslide Pte Ltd

3. Air Conditioning Repair Los Angeles – Basic Points To Focus On
Author: coryfrank

4. A Regular Eye Exam Is The Key To A Healthy Eyes
Author: Cory Frank

5. Finding A Suitable Moving Company For Your Move
Author: Cory Frank

6. The Wl-250 Tower
Author: Leslie WaterWorks® offers the largest array of bottleless purification and filtration water coolers

7. Properties In Noida
Author: Sanjay Sirohi

8. Find Bgc Condo For Sale With Ease Through This Tips
Author: rokyfernandis12

9. Find Condo For Sale The Easier Way
Author: rokyfernandis12

10. Things To Bear In Mind While Searching For Condo For Sale Fort Bonifacio
Author: rokyfernandis12

11. Fort Bonifacio Condo For Sale At Budget Friendly Rate
Author: rokyfernandis12

12. The Benefits Of Using Iridium Satellite Phones During Emergencies
Author: Tom Austin

13. Find Right Condo For Sale Fort Bonifacio With Ease With This Guide
Author: rokyfernandis12

14. How To Make Life Easier With Edinburgh Taxi Tours
Author: Gordon Gill

15. Signage Melbourne, Australia Offers Affordable Services To Promote Your Brand Through Signage Advert
Author: jackricklomas

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: