[lawn]

That's one of the goals yes.

However efficient ASICs were able to be constructed for the current (and previous) algorithms.

Monero will make a hardfork, right now actually, to brick the existing ASICs. The new algorithm isn't sufficiently different to prevent them however and we will probably see efficient ASICs in under 6 months.

The long term hope instead lies on a new algorithm[0] which tries to change the POW algorithm all the time. Will it hold up or will someone manage to create efficient ASICs? Your guess is as good as mine.

[0]: https://github.com/tevador/RandomX

[WrtCdEvrydy]

The issue is that anything that changes the POW has to be to be deterministic, so we'll just see programmable ASICs make a return... so invest in Cisco?