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Home The Bitcoin News Bitcoin Core Threatens a Hard Fork over Asicboost Mining Optimization

Bitcoin Core Threatens a Hard Fork over Asicboost Mining Optimization

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Peter Todd, corroborated by Matt Corallo, has due hard-fork changes to a bitcoin network to make “useless” obvious tentative algorithmic improvements that give mining an Asicboost of 20%, heading to increasing increase of some $30 million if used by one of a biggest mining pools.

In a distinguished post to a bitcoin mailing list, Todd states:

“As partial of a hard-fork due in a HK agreement we’d like to make a law AsicBoost optimisation useless, and hopefully make serve identical optimizations invalid as well.”

Arguing that a obvious tentative optimization might lead to mining centralization as a permit could be singular to usually one manufacturer or lead Chinese manufacturers to omit a patent, though shorten trade of a optimized ASICs to USA, Todd settled that if any other law mining optimizations are found “we’d really cruise fighting them as well.”

Corallo, after creation a idea on how Asicboost’s optimizations could be done irrelevant, states:

“While this is rather nasty, a risks of AsicBoost and a fashion that should be set necessitates a response,

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Dr Paul Ennis is a research assistant at The Centre for Innovation, Technology Organization at University College Dublin, specializing in...