What Is the Concept of ‘ASIC Resistance’ in Cryptocurrency Algorithms?

ASIC resistance refers to the design of a cryptocurrency's hashing algorithm to make it inefficient or impractical for specialized ASIC hardware to mine. This is typically achieved by requiring large amounts of memory or using complex computational steps that leverage the general-purpose nature of CPUs and GPUs.

The goal is to maintain a more decentralized mining environment accessible to the average person.