From: Daniele Pinna <daniele.pinna@gmail•com>
To: bitcoin-dev@lists•linuxfoundation.org
Subject: [bitcoin-dev] Dev-list's stance on potentially altering the PoW algorithm
Date: Fri, 2 Oct 2015 10:02:43 +0200 [thread overview]
Message-ID: <CAEgR2PFQtr78B3t147=3Ko4VnTGevb0QCySk=hDSqeFHZk=MPQ@mail.gmail.com> (raw)
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The following paper proposing an asymmetric memory-hard PoW had been
recently published:
http://eprint.iacr.org/2015/946.pdf
My intent is not to promote the paper as I have not finished studying it
myself. I am however interested in the dev-list's stance on potentially
altering the bitcoin PoW protocol should an algorithm that guarantees
protection from ASIC/FPGA optimization be found.
I assume that, given the large amount of money invested by some miners into
their industrial farms this would represent a VERY contentious hard fork.
It is, however, also true that a novel optimization-resistant algorithm
could greatly ameliorate decentralization in the bitcoin network due to a
resurgence of desktop/cellphone mining.
Where do the core devs stand on this matter, hypothetical as it may be?
Dpinna
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next reply other threads:[~2015-10-02 8:02 UTC|newest]
Thread overview: 12+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-10-02 8:02 Daniele Pinna [this message]
2015-10-02 8:20 ` Jorge Timón
2015-10-02 8:30 ` Adam Back
2015-10-02 8:31 ` Daniele Pinna
2015-10-02 10:46 ` NxtChg
2015-10-02 11:00 ` Jorge Timón
2015-10-02 16:38 ` Peter R
[not found] ` <CALqxMTH6r8eJN2Xw+nn1z=6x9Q3TRSQQ6ZMXsmHPyX8dNx+EgA@mail.gmail.com>
2015-10-02 8:30 ` Daniele Pinna
2015-10-02 16:45 ` Gregory Maxwell
2015-10-02 21:37 ` Dave Scotese
2015-10-02 21:31 ` Luke Dashjr
2015-10-02 23:19 ` Milly Bitcoin
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