Episode 56: The Prognosis on ProgPow, with Kristy Minehan
On this episode of BlockChannel, McKie, Dee and Dr. Petty are on a mission to get their heads wrapped around what ProgPow is attempting to…
On this episode of BlockChannel, McKie, Dee and Dr. Petty are on a mission to get their heads wrapped around what ProgPow is attempting to accomplish as Kristy Minehan assists us in understanding her teams motivations and goals to retrofit Ethereum’s hashing algorithm to deter the usage of ASICs, in an attempt to make mining more egalitarian and less reliant on large scale purpose-built hardware. This is a complex subject, and its important we didn’t shy away from the hard details. Hopefully this balanced discussion serves as a means to educate the community on any ulterior motives or conflicts of interest to reduce any social contention in the greater community. The audio was left mostly unedited for full transparency.
Ethereum ProgPow EIP: https://github.com/ethereum/EIPs/blob/master/EIPS/eip-1057.md
Intro/Outro Music “Garden” by Grady: https://soundcloud.com/thisisgrady/garden
Disclaimer: This is not investment advice, it is an engaged discussion on new technology; BlockChannel reminds you to always do your own due diligence before investing in any crypto-related project in the industry.