Ethereum Developers Delay Mining Algorithm Change For Code Audit (coindesk.com)
Developers contributing to the ethereum protocol are electing to hold off on a decision to submit code that would stifle the advantage of high-powered ASIC miners competing for the network’s rewards.
These third-party audits will look to verify that implementing the algorithm will reduce ASIC efficiency so as to make them less competitive against GPUs, a cheaper and more consumer-friendly mining technology.
A number of the call’s participants expressed discomfort with providing a firm decision on whether to execute the algorithm, leading to the delay.
The decision stems from a push to avoid a consolidation in the number of participants verifying transactions on ethereum.
Jameson, a communications officer with the Ethereum Foundation, said a third-party audit will likely answer many questions the community still has about the update.
Separately, the developers agreed to gather more input from the ethereum community at large.
Original article reduced by: 66%
Read the full article here.
Related story: Ethereum 2.0 Pre-Release Kicks Off ‘Relatively Feature Complete’ (cointelegraph.com)
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