The Ethereum blockchain development team (ETH) has decided to update one of the software platform elements, which will allow the closure of access to cryptocurrency for ASIC miners .
The decision was taken during a conference held in an online format with the participation of the leading representatives of the ether ecosystem. The negotiators decided to launch a new ProgPoW solution. If it is integrated into the ETH tokens mining system, then mining will continue to be carried out with minimal influence from ASIC miners, and all work will be done only using traditional equipment of GPU video cards .
Martin Holst Svende, a cryptocurrency project, said that updating the platform code would be the first step in the transition to the Proof-of-Stake algorithm .
He stressed :
I would like to update the code in the shortest possible time, which will give us extra time for more rapid integration of Roof-of-Stake.
Another representative of the Ethereum Foundation team, the Hudson Jameson, believes that the majority of developers already support the implementation of the ProgPoW solution.
However, the work on updating the code will not become part of the hardfork Constantinople , which is scheduled for mid-January 2019 on the network. The introduction of a new solution to limit the influence of ASIC miners can take several months.
Jameson stressed that the process of updating the code will be completed much faster if, at the testing stage of ProgPoW, developers do not find serious errors and other shortcomings.
