Dev-list's stance on potentially altering the PoW algorithm



Summary:

In a discussion on the bitcoin-dev mailing list in 2015, Daniele Pinna pointed out BIP99's proposal for anti-miner hardforks. Jorge Timón responded by stating that it is impossible to guarantee protection from ASIC/FPGA optimization since specialized hardware can always be more efficient. However, BIP99 takes into account the possibility of "anti-miner hardforks" to restart the ASIC and mining market in case mining becomes too centralized. The term "ASIC-resistance" was also criticized as an absurd term coined to promote some altcoins.


Updated on: 2023-06-10T23:40:05.508757+00:00