Members of ethereum’s open-source development community tentatively agreed Friday to implement a new algorithm that would block specialized mining hardware, or ASICs, pending further testing on the proposed code. If accepted by the network of users that run the ethereum software, the code change, dubbed “ProgPoW,” would block ASICs, such as those made by major …
I disagree. I feel it's unnecessary and risky to try and fix a problem that might not exist. The network will likely work just fine and most importantly safely as it is until POS. A contentious hard fork now, along with the wasted developer mindshare is lunacy, to me. There is no added benefit to the user.
jthawksCrypto God | QC: CC 199, XLM 190, GPUMining 244 months ago
It will be better for GPU mining in the short term if they implement it. It would lower the hash rate and difficulty by blocking asic’s, increasing profit for gpu miners until ethereum switches to PoS.
“We know today that Ethhash has flaws which are currently being targeted. So, that’s why I would like to switch as soon as possible to give us time to move to proof-of-stake,” Holst-Swende said.
when moon 🌒
lHansBrix1 - 2 years account age. 200 - 1000 comment karma.4 months ago
Nowhere did they state in the meeting that ProgPOW WILL be implemented in Q4 with Istanbul... In fact, most of the discussion was tailored towards ProgPOW outside of the all-inclusive hardfork later this year. Another fact: Rachel didn't even state your title in her article. Read or watch something to gather facts before posting bullshit.