ASIC Resistance – DIGIT INFO

Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade

DIGIT — Tue, 19 Apr 2022 19:30:57 +0000

According to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar. Monero Aims to Upgrade in July The […]

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Ethereum Community Enthralled Over Controversial ProgPoW Proposal

DIGIT — Mon, 09 Mar 2020 23:00:01 +0000

The Ethereum community has been debating a proposal called ProgPoW as many ETH proponents believe the Programmatic Proof-of-Work function will alter the network significantly. The contentious topic has seemed to galvanize the community, with the ProgPoW proposal favored by a significant proportion while being detested by others. A few Ethereum participants were shocked on February […]

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In the Daily: Monero Upgrade, Revolut Auto Exchange, SETL Administration

DIGIT — Mon, 11 Mar 2019 13:20:53 +0000

In this edition of The Daily we cover the latest protocol upgrade to privacy coin monero (XMR), a new feature for traders using Revolut, and the blockchain-based corporate settlements platform SETL appointing administrators for the business. Also Read: Online Bank Swissquote to Add Crypto Custodial Services Monero Undergoes Protocol Upgrade The Monero development team has […]

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Report Claims 85% of the Monero Network Dominated by ASIC Miners

DIGIT — Tue, 12 Feb 2019 22:44:32 +0000

Over the last few years, certain cryptocurrency networks have tried to block ASIC mining with many fruitless attempts to forge ASIC-resistant protocols. Multiple cryptocurrency developers have attempted to brick ASIC miners, but with scant success. A perfect example is the privacy-centric digital currency Monero, a project that has tried to fork the software multiple times […]

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Bitcoin Gold Hard Fork Reintroduces ASIC Resistance

DIGIT — Fri, 06 Jul 2018 18:00:31 +0000

Bitcoin Gold is one of the many Bitcoin hard forks which never succeeded in gaining much traction. That is unfortunate, but the project is far from dead at this stage. In a new development update, the team has made it clear they will oppose ASIC interference on the network. The Bitcoin Gold Hard Fork It ... Read more

Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate

DIGIT — Fri, 15 Jun 2018 19:45:34 +0000

This week the Zcash Foundation and researchers from the University of Luxembourg have released a study that finds the presence of ASIC and FPGA miners may be controlling around 30 percent of the overall Equihash mining hashrate. The study speaks volumes to cryptocurrency developers and communities who have attempted to produce proof-of-work mechanisms that were […]

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