@mhluongo it was good to talk to you on the stream, I thought I would expand on what I was saying here.
I wasn’t really trying to turn the clock back to the time of non asics I was more saying that the network is beholden to them. This drastically reduces decentralisation. @boxalex (if he has time) has more than enough proof of this. (as do the many projects that have had this issue.)
With the network being protected by people whos manufacturing ethos is “this is a money printing machine, if it ceases to print money we just wont make anymore of them”
Is very different to people who are making a device (be it cpu, gpu, fpga) which has another maybe even more primary purpose then you are not beholden to these companies.
This is a huge risk. Highlighted by the lack of mining pool representation and mining hardware developers in the protocol development discussions.
I would like to reiterate I am not trying to turn the clock back, I am trying to ensure no single point of failure. (the hardware that lets transactions get processed, no transactions no value, store or otherwise.)