BIP proposal: Inhibiting a covert attack on the Bitcoin POW function



Summary:

The speaker agrees that there is no benefit to Bitcoin for having it, as miners are going to destroy around 12 BTC per block worth of energy. The politics surrounding the ASICBOOST optimization possibility has led to a year of "stupid political bullshit" based on a secret advantage. The question remains whether it is even possible to completely remove the ASICBOOST optimization possibility.


Updated on: 2023-06-11T23:40:56.247729+00:00