Ethereum developers proposed to limit ASIC miners in hardfork Istanbul
During the conference call, project managers in the Ethereum ecosystem suggested activating the EIP1057 code as part of the next major update of the Istanbul network.
EIP1057 or ProgPoW is a modified mining algorithm aimed at reducing the impact of ASIC devices, which has become the subject of fierce disputes within the community.
Note that project managers intend to support the activation of EIP1057 if two independent audits do not reveal vulnerabilities.
- "We have already done all the necessary work, and an audit is only a control check."
On Friday, Ethereum’s leading developers will also discuss the expediency of activating the EIP1057 in Istanbul, the code of which is expected to be approved until mid of may.
According to the Hudson Jameson's head of public relations at the Ethereum Foundation, the main question that should be answered by the audit is whether the implementation of ProgPoW makes sense, given the current flexibility of ASIC devices. He is convinced that if the ASIC miners regain their former control over the network in less than 9 months, the update is not appropriate.
At the same time, part of the community believes that the fight against ASIC devices does not make sense at all since Ethereum is already moving in the direction of Proof-Of-Stake (PoS).
Recall the development of ProgPoW became known in early 2019. Then Ethereum security director Martin Holst Svend noted that EIP1057 will help with the transition to PoS.
- “Today we know that Ethhash has vulnerabilities and they are already exploited. That is why I would like to update the code as soon as possible - thanks to this we could get additional time to go to the Proof-of-Stake,” said Svend.
However, in the hardfork Constantinople ProgPoW subsequently decided not to include.