Istanbul. What to expect from the following important updates Ethereum?

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2019-03-14 01:45:06

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Istanbul. What to expect from the following important updates Ethereum?

The following code updates the major of Istanbul, you may receive the integration of the acclaimed algorithm . Yesterday this news became a hot topic of discussion at the meeting of the members of the Ethereum Foundation. ProgPoW propose to integrate EIP in 1057, the update is supposed to include in Istanbul.

Recall the previous hardwork cryptocurrency in late February. The result of the procedure was reduced the award for the block of Ethereum ETH to 2, and postponed the so-called bomb of difficulty. Some experts that one only Constantinople can not solve all problems Ethereum.

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ProgPoW: to be or not to be?

According to the developer Tim Beiko, the issue of integration of the new algorithm will be again raised at the next meeting of the members of the Ethereum Foundation this Friday. Those who gathered for a meeting on Tuesday they want to promote the idea EIP 1057. Note that the final update will appear in the ecosystem of cryptocurrency only after the audit.

In the worst case — if the audit identifies strengths weaknesses ProgPoW — we can cancel the EIP to activate Istanbul. If all goes according to plan, the audit will simply assure our efforts, because the work on the update nearly completed.

But the community with her decision for a long time — most of the holders of Ethereum supports ProgPoW. Poole is also a new mining algorithm cryptocurrency. Recall, that it needs to eliminate the possibility of centralization of the network Ethereum because of ASIC miners.

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Source: Bitcoinist

There is another opinion on this. Independent developer of the project Alexey Akhunov, on the contrary, a moderate presence of Asimov in the extraction of ETH. In his opinion, much more productive dialogue among the major manufacturers of ASIC miners and a team of Ethereum.

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