Ethereum Miner Linzhi recalls the project codes for the ASIC ban proposal



[ad_1]

The Shenzhen-based miners' producer Linzhi published a statement in response to a "tentative" decision by the developers of ethereum on Friday to block specialized hardware, or ASIC, from securing the platform in exchange for awards.

This would involve the implementation of "ProgPoW" in an upcoming update, a change of code optimized for graphics card or GPU, hardware.

In today's statement, Linzhi said he was "shocked" by the move, saying: "We reject the arbitrary application of the rules and demand that clear and equal guidelines be established for all hardware manufacturers".

The declaration continued:

"Today we are asking the developers of ethereum to publish rules and requirements for what constitutes a good producer of ASP ProgPoW."

Processing the statement in an e-mail to CoinDesk, Operations Director Wolfgang Spraul said these rules could include more transparency, or even monthly verification of hardware companies by the developers of ethereum.

"The rules should probably include defining better relationships between hardware manufacturers, miners and developers," said Spraul, "It is up to the ethereum developers to define, we think."

After the Friday meeting where the developers approved the proposal, the discussion on ProgPoW has increased, with several prominent community members coming forward to discuss the change.

ASIC for ProgPoW?

Linzhi is currently designing a chip for the current ethereum mining algorithm, Ethash. Having spent $ 4 million on its production, the upcoming miner claims significant advantages over former ASIC ethics projects.

In a conversation with CoinDesk, Spraul also said that pending its implementation in ethereum, the company will research the feasibility of building specialized ASIC hardware for ProgPoW.

"Today I can confirm publicly that we intend to study the feasibility and then build ASIC ProgPoW," said Spraul.

Since ProgPoW modifies the mining algorithm of Ethereum, Ethash, to be richer in memory, it is said that the code switch makes the GPU's hardware competitive with ASICs.

ProgPoW advocates say that if hardware designers try to build ProgPoW ASICs – that is, a specialized chip with the only ProgPoW calculation function – they would end up looking like GPU hardware.

However, Spraul denied this, stating that "The hardware innovation is not linear" and "We can speed up ProgPoW by a factor from 3x to 8x".

Yesterday, the ethereum classic suffered a 51% attack – something that the cryptocurrency Twitter account claimed could come from Linzhi. Spraul rejected these claims, saying "I am completely unfounded".

Image of miners via Shutterstock

[ad_2]
Source link