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ASICs

Ethereum’s ProgPoW Proposal: An Expensive Game of Whack-a-Mole

cryptocurrency March 11, 2019

Dovey Wan and Martina Long are partners at Primitive Ventures, a crypto asset investment fund. Advertisements ––––––––– Recently, there has been discussion regarding a proposal to migrate ethereum away from proof-of-work called ProgPoW (short for programmatic proof of work). Proponents of ProgPoW want to flip the paradigm of the cryptocurrency mining industry on its head. Their […]

Ethereum Foundation Weighs $15 Million Bid to Build ‘Randomness’ Tech

cryptocurrency February 7, 2019

At the cutting edge of blockchain research is a potential $15 million dollar venture by the Ethereum Foundation centered around a technology called Verifiable Delay Functions (VDFs). Advertisements Acting as a source of computer-generated randomness that is unpredictable and unbias-able, VDFs are envisioned for use in a highly-anticipated “proof-of-stake”(PoS) system called Serenity which the ethereum network […]

Ethereum Miner Linzhi Calls Out Project Coders for Proposed ASIC Ban

cryptocurrency January 8, 2019

Shenzhen-based miner manufacturer Linzhi has published a statement in response to a “tentative” decision, made by ethereum developers Friday, to block specialized hardware, or ASICs, from securing the platform in exchange for rewards. Advertisements This would involve the implementation of “ProgPoW” in an upcoming upgrade, a code change that is optimized for graphic card, or GPU, […]

Ethereum Call Leaves Pressing Questions Ahead of October Upgrade

cryptocurrency August 24, 2018

A phone call that brought together a broad representation of the ethereum community to discuss critical code changes on which decisions need to be made ahead of a software upgrade scheduled for October, failed to produce immediate results Friday. Advertisements The bi-weekly developers call, which this week included a majority of the network’s miners and […]

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