Ethereum Community Mulls Hard-Fork to Make Bitmain ASICs Obsolete
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Ethereum Community Mulls Hard-Fork to Make Bitmain ASICs Obsolete

THELOGICALINDIAN - Ethereum developer Piper Merriam has opened up Ethereum Improvement Proposal EIP 958 which requests association ascribe in commendations to whether or not the cryptocurrencys blockchain should cede the accounted Bitmain ASICs around anachronistic In accomplishing so Merriam has additionally appropriate that Bitmain may already be mining with said ETH ASICs

The Ethereum association has been afflicted into activity afterward letters that cryptocurrency mining behemothic Bitmain has developed — and may already be application — Ethereum ASICs. Such accouterments would finer abate the adeptness for GPU miners to attempt and, in accomplishing so, acutely access centralization. Wrote Ethereum developer Piper Merriam in Ethereum Improvement Proposal (EIP) #958:

Plenty of affecting associates in the community, like Nick Johnson, accept already lent their two cents to the proposal.

However, the cryptocurrency’s abeyant (and controversial) about-face from proof-of-work to proof-of-stake could cede the absolute agitation surrounding Bitmain’s ASICs irrelevant, and developer Lefteris Karapetsas has gone on almanac to affirmation the adamantine angle would be a decay of “manpower/resources on such analysis if PoS is activity to cede this anachronistic anyhow.”

Others in the community, like Philip Daian, believes developers of the additional better cryptocurrency by bazaar assets should do annihilation — or artlessly lower block rewards.

Core developer Vlad Zamfir, meanwhile, hasn’t bidding an absolute attitude on the amount — admitting he claims users’ interests should booty antecedence over miners.

It is bright that Ethereum is currently at a capital — and the association charge anon adjudge whether or not the risks of a adamantine angle outweigh those of absolution Bitmain potentially accumulate the ETH mining market. If aboriginal acclamation are any indicator, a adamantine angle may be on the horizon.

What do you anticipate about Ethereum’s accepted predicament? Do you abutment a hard-fork or a about-face to proof-of-stake? Let us apperceive in the comments below!

Images address of Twitter/@nicksdjohnson, Twitter/@phildaian, Twitter/@VladZamfir, and Bitcoinist archives.