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The developers of Ethereum have reached a provisional agreement to proceed
with a code that restricts the specialized facilities known as ASICs from Etherum
Network. The agreement was entered into the biweekly open-source ethereum meeting
development community that was held on Friday through a conference call.
Hudson Jameson, Ethereum's communications officer
The Foundation stated that the consent on the decision was reached after the contributions
they were made about the subject.
"It seems we have
we come to agree that we are going forward temporarily with ProgPoW, which means
we are moving forward unless there is a big problem encountered with the test either
things of this nature. We will go on with ProgPoW, "said Jameson.
ASIC: application-specific integrated circuits, developed by
Bitmain and other chip makers have a bad blow to dominate the blockchain networks
thanks to its superior efficiency compared to generic miners (GPU).
The cryptocurrency community was in turmoil with the news
of a special ethereum miner ASIC Antminer E3 Ethash published by Bitmain in
April of last year. The mining giants described it as "the most powerful in the world"
and efficient EtHash ASIC miner "at the moment, as reported by Smartereum, the
releases proven rivals of AMD and NVIDIA chip manufacturers.
But Ethereum supporters are proud of its high level
decentralization and it was only a matter of time until Community
accepted to remove the ASICs. ASICs are seen as a threat to decentralization
because they can be used to form mining pools that can dominate a blockchain
Network. Once implemented, the proposal known as ProgProw would block these
ASIC that only allows GPUs to participate in the mining process to earn mining
rewards.
Martin Holst Swende, head of security at the Ethereum Foundation
he was one of the major contributors to support the code proposed during Frias
the developers call. One merit of ProgProw, according to Swende, is that it will
help ensure network security until they eliminate job proof
consent algorithm altogether.
He explained:
"Today we know that Ethhash has some flaws that are currently
be targeted. So, that's why I would like to move on to as soon as possible
Give us time to move to proof-of-stake "
Planned Ethereum
Update Constantinople on the track
As reported by Smartereum, the next hardfork project of the
The ethereum network called Constantinople is scheduled for the end of this month
after delays well documented. The update among other changes will set the tone
for a transition from the current PoW algorithm to the proposed game test.
It will also reduce the 2 ETH block premiums from the 3 ETH.
Although the ProgProw improvement proposal did not make it
The update of January 16, the discussion of developers indicates that it will be
implemented before the next big hardfork planned as an independent system
update within the next two or four months.
It seems that the timing for the implementation of ProgProw will be
be discussed in two weeks after Constantinople would have to move forward
the network. "Let's do some homework until the next core dev will call and we'll see how
people can implement [ProgPoW] in their schemes and maybe we can talk
about the time in two weeks, "Swende said.
reported
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