The Ethereum community "provisionally" agrees to implement the ASIC block algorithm



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The code change will provide Ethereum with a more secure transition to availability testing, according to the security officer.

The Ethereum community "tentatively agreed" yesterday to create a new algorithm designed to block application-specific integrated circuits (or ASICs), according to a recent Coin Desk report.

As stated in the report, the proposed code change is named "ProgPoW" and (if accepted) would block the ASIC extraction hardware produced by companies like Bitmain, thus allowing the GPU hardware to compete for the prizes on the platform.

According to Martin Holst-Swende, head of one of the network security officers, changing the code to block the ASICs will allow Ethereum to safely switch to a Proof of Stake model.

While in a job test model, miners compete to solve mathematical equations to win a block premium (thus burning electricity), the Game Trial replaces the block's reward with transaction fees, which are then assigned to miners who accumulate a large number of coins.

"Today we know that Ethhash has flaws that are currently being targeted, so that's why I would like to pass as soon as possible to give us time to test the stake," Holst-Swende told Coin Desk.

Some commentators have expressed their disagreement with Ethereum by switching to a new algorithm. In October, the CEO of the creator of Ethereum-ASIC Linzhi considers a change a concept of proof of drafting to undermine the work that has already been done on the network, theorizing that "if they ignore the work that has been done and go to trial- pole, maybe later they can also ignore your mail and go to the test of some other idea. "(source: Chepicap)

In general, however, the community seems to be in favor of change, as stated by the Ethereum Foundation's communications manager, Hudson Jameson:

"We seem to have come to an agreement that we are going forward temporarily with ProgPoW, which means we are moving forward unless there is a big problem with the tests or things of this nature." We will go on with ProgPoW. "

Source: Coin Desk

Image: Bigstock

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