Why does Ethereum need ASIC mining? The developer's reply

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2019-01-10 04:30:09

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Why does Ethereum need ASIC mining? The developer's reply Source:

An Independent developer Alexey Ahunov has recently published a very bold statement on the Ethereum forum Magicians. According to him, programmers will be glad of the gradual integration of ASIC mining in the economic model of cryptocurrency.

Earlier, the Ethereum Foundation made the decision to move to a new Proof-of-Work algorithm called . Thanks ProgPoW the developers hope to reduce the gap in the efficiency of mining on Azekah and cards, but also to neutralize the effect ASIC mining on the Ethereum network.

the

Why do we need ASIC miners

The Decision programmers Ethereum Foundation called «real shock» the leadership of one of the Chinese manufacturers of ASIC miners for Ethereum. Representatives of the company Linzhi said «reject the arbitrary application of rules and asked to set clear and equal conditions for all equipment manufacturers».

Another member of the Ethereum Magicians David Vorik indicates a clear advantage of large manufacturers of equipment for mining after entering ProgPoW, as the need for more complex devices will sharpen .

Review Viorica received a response from Akhunova.

If we want «remove» today's asik on the algorithm EtHash and prevent stealth producers of ASIC miners, we need to accept the facts and switch to ASIC friendly algorithm right now.

Recall, members of the Ethereum Foundation is not like that on the market Usikov reigns a monopoly, and to use them you need to overcome a higher entry threshold than GPU mining.

At the end of the discussion Vorik raised quite a reasonable problem — what if the producers of Asimov will be able to create equipment that is capable of mine even ProgPoW?

If some company manage to create ProgPoW ASIC miner, which will be much more effective than the current generations of video cards, what does she do? Will publicly sell his invention or secret mine Ethereum?

In his Twitter Alex Akhunov said that it would be much better to achieve a transparent dialogue between the companies, Linzhi and developers of Ethereum. Let's hope that the experts reach consensus in this dispute.

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