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Half a Billion Worth of ETH Vote in Favor of ProgPoW, is Ethereum Really Changing its Algorithm?

Some three million eth are currently voting in favor of a proposed algorithmic change of ethereum’s Proof of Work (PoW) with the aim of removing asics from the network. 2,926,304... The post Half a Billion Worth of ETH Vote in Favor of ProgPoW, is Ethereum Really Changing its Algorithm? appeared first on Trustnodes. дальше »

2019-2-22 21:38


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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »

2018-7-21 23:03