Is asic-resistance obsolete?
In the linked article the author describes in quite some detail the failure of asic-resistance. (Thank you @Jannes for finding it.)


  ASIC Resistance
  
  We’ve been pessimistic on ASIC resistance for a long time, and our journey into the hardware world solidly confirmed our position. Hardware is extremely flexible. General purpose computational devices like CPUs, GPUs, and even DRAM all make substantial compromises to their true potential in order to be useful for general computation. For basic hardware development, most algorithms can see substantial optimization just by taking away all of that generality and focusing on one specific thing.
  
  The vast majority of ASIC-resistant algorithms were designed by software engineers making assumptions about the limitations of custom hardware. These assumptions tend to be incorrect.
  
  https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b


It seems, on the basis that the article is both articulate sufficiently and, correct, that there is no actual hope for asic-resistance in any currency of potential future value.