What’s Up With ProgPoW? Benchmarks & Addressing the Criticisms
ProgPoW is a new algorithm that was proposed to replace Ethash and therefore make Ethereum ASIC-resistant. The idea is being debated since August 2018 and apparently, we are coming to the point when we as a community have to make the final decision – do we want ProgPoW to be implemented or not? The idea was also discussed during January 4 ETH Core devs meeting and it seems that the majority of the community and the developers team members are leaning towards the adoption of this new algorithm. In this post, I will briefly go over what ProgPoW is and then will address the criticism this idea is being receiving. Again, as a community, it’s our duty to be aware of what is going on and to actively…