Ethereum Developers Choose to Move Forward with Controversial ProgPOW

Written by LPX | Published 2019/08/18
Tech Story Tags: ethereum | mining | hardfork | cryptocurrency | progpow | latest-tech-stories | eth | altcoins | web-monetization

TLDR6 EIP's (Ethereum Improvement Proposals) were voted on and approved at a core developers meeting late Thursday night. These changes will be implemented in a two part hard-fork named Istanbul, tentatively scheduled for this October. The second part of the Istanbul fork is expected to be implemented sometime in Q1 2020. The proposed mining algorithm change called ProgPOW was covered and criticized early January this year as the rise of ASIC miners came to light. Critics argued that the 3-4 months estimated time to implement ProgPoW was a severe underestimation and highly unlikely.via the TL;DR App

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Written by LPX | Former CEO, Web3 Evangelist, & 2019 Noonie Winner. After years of hiatus, it's good to be back just DAOin' it.
Published by HackerNoon on 2019/08/18