Receive all Bitcoinist news in Telegram! 958, which requests community input in regards to whether or not the cryptocurrency’s blockchain should render the rumored Bitmain ASICs virtually obsolete. In doing so, Merriam has also suggested that Bitmain may already be mining with said ETH ASICs. To Fork, or Not koparki bitcoin asic board Fork?
The Ethereum community has been stirred into action following reports that cryptocurrency mining giant Bitmain has developed — and may already be using — Ethereum ASICs. Such hardware would effectively diminish the ability for GPU miners to compete and, in doing so, drastically increase centralization. I believe it is the accepted wisdom that ASIC based mining leads to increases centralization when compared to GPU mining. This leads us to two questions: Should we hard fork to make ASIC mining harder and to demonstrate a willingness to hard fork any future ASIC based ethereum mining? What specifically changes do we make to implement this increased ASIC resistance?
Plenty of influential members in the community, like Nick Johnson, have already lent their two cents to the proposal. Nobody was promised a stable PoW algorithm for Ethereum, and the present one was deliberately designed to be hostile to ASICs. PoS is going to render this obsolete anyhow. Others in the community, like Philip Daian, believes developers of the second largest cryptocurrency by market capitalization should do nothing — or simply lower block rewards. To be clear what I actually support doing is absolutely nothing in this case. But perhaps moving to PoS reward curves anyway would kill longer term ambitions of any ASIC purchasers if people really hate ASICs this much. Core developer Vlad Zamfir, meanwhile, hasn’t expressed an explicit stance on the matter — though he claims users’ interests should take precedence over miners.
I have no issue with trading off miner interests for user interests. Imo the protocol is for users, and ought to be controlled by users for their benefit. It is clear that Ethereum is currently at a crossroads — and the community must soon decide whether or not the risks of a hard fork outweigh those of letting Bitmain potentially centralize the ETH mining market. If early polls are any indicator, a hard fork may be on the horizon. Would you support a hard fork that obsceletes ETH ASICs? What do you think about Ethereum’s current predicament? Do you support a hard-fork or a switch to proof-of-stake?
Let us know in the comments below! What Does the Future of ICO Advertising Look Like? Even a decade ago, television was the sole king of advertising, while the internet had to take its dust together with billboards and radio ads. 200 billion spent on ad campaigns on the internet. It appears that a bug in the ICON smart contract has disabled ICX token transfers.
One Reddit user reported a few hours ago that the bug prevents ICX tokens from being moved from any wallet. Modifier Code Flaw Responsible for the Problem According to the Reddit poster, the ICON smart contract bug is the same one found in another cryptocurrency project called Yggdrash. 288 such chips to deliver more hashrate and efficiency than any previous Litecoin miner on the market. Antminer S9 and is nearly the same size.
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2006 Ace Recommendation Platform 1 ANNUAL RESEARCH REPORT September 2006MTL Annual Research Report September 2006Editor Martin A. News: Latest stable version of Bitcoin Core: 0. General discussion about the Bitcoin ecosystem that doesn’t fit better elsewhere. News, the Bitcoin community, innovations, the general environment, etc. Discussion of specific Bitcoin-related services usually belongs in other sections. Technical discussion about Satoshi’s Bitcoin client and the Bitcoin network in general. Questions regarding issues with Bitcoin Core, nodes, the Bitcoin network, transactions, and addresses.