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Ethereum users would favor the adoption of a fork that would make ASIC miners Ethereum obsolete, according to a new poll
The poll, posted on Twitter by Ethereum developer, Vlad Zamfir, asked respondents if they would accept a difficult range that would make ASIC minors incompatible with the extraction algorithm. Ethash's proof of Ethereum work.
Would you like to support a hard fork that observes ASICs ETH? (I was just wondering, this is not a proposal)
– Vlad Zamfir (@VladZamfir) March 28, 2018
At the time of writing these lines, 55% of the 4,904 respondents indicated that they would support a difficult range to make the ASIC Ethereum miners ineffective, while only 14% said unequivocally that & ### They would not support the fork. Eleven percent chose "It's complicated", while the remaining 20% just wanted to see the results.
Zamfir specified that his survey was not about a specific proposal, but rather that he was just curious about the feeling of the community.
ASICs – so named because they use Application Specific Integrated Circuit (ASIC) chips – are by far the most efficient and cost-effective way to exploit cryptocurrencies. However, unlike CPU and GPU chips, which are versatile and therefore have many applications, ASICs can only be used in one application and can be made obsolete even by a small update of the application. Cryptocurrency extraction algorithm.
As reported by CCN, the Wall Street Susquehanna research firm revealed during a recent trip to Asia that they had confirmed that the Chinese mining equipment manufacturer Bitmain had already developed a ASIC Ethereum and was preparing to ship it by the end of the second quarter.
To this day, Ethash – which is also used by Ethereum Classic and a variety of other coins – has been resistant to ASICs, which makes it possible to exploit the algorithm in a cost-effective manner. using GPU chips.
However, as Bitmain is by far the dominant force on the ASIC market, their development of mining platforms for new PoW algorithms still leads to controversial debates on the centralization of miners.
The development of an ASIC Ethash by Bitmain is curious, given that Ethereum – by far the most popular Ethash cryptocurrency – plans to move to a ProS-of-Stake consensus algorithm ( EPOS). As a result, some observers have taken this to mean that Bitmain thinks that Ethereum will not finally give up PoW or that switching to PoS will result in another Ethereum Classic hard fork.
That said, a difficult range for maintaining ASIC resistance would not be unprecedented. Cryptocurrency-Focused Privacy Monero is committed to modifying its version of Cryptonight's PoW algorithm every six months to prevent the development of minors compatible with XMR. Nevertheless, Bitmain recently announced that he had developed a Cryptonight ASIC, and Monero was satisfied with his measures by adding an emergency measure that made the miners incompatible with Monero for his next update network.
Image from Shutterstock to photo
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