‘Proposition ProgPow’ faces community concerns
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Quick Take
- Despite ostensible consensus among Core Devs, the ProgPow proposal, which aims to reinstate an ASIC-resistance hashing algorithm, has faced pushback from the wider Ethereum community
- Concerns revolve around security, free market ideals, and the possibility of an avoidable chain split
- Irrespective of the ultimate outcome, the ProgPow debate will provide significant insight into Ethereum’s informal governance process
This week’s Ethereum Core Dev Call concluded with renewed discussion of ProgPow, a proposed change to the Ethereum hashing algorithm, Ethash, which would narrow the performance gap between generalized and specialized hardware by as much as 90%. The rationale behind the algorithm adjustment speaks to Ethereum’s egalitarian ethos: the improved efficiency of specialized versus generalized […]
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