Making AsicBoost irrelevant



Summary:

The discussion on the bitcoin-dev mailing list revolves around whether or not the design and manufacturing processes of ASICs that are power-efficient are patent unencumbered. The concern is centered around a particular patent that may obstruct the path towards achieving thermodynamically ideal computation. Peter Todd suggests tweaking the existing PoW algorithm to remove any incentive to implement AsicBoost without rendering any hardware obsolete. Gregory Maxwell takes it one step further by proposing accepting the old POW but with a 20% target penalty or vice versa with the new POW having a 20% target boost.


Updated on: 2023-06-11T05:15:54.389828+00:00