Post
Topic
Board Project Development
Re: [ANN] Bitcoin PoW Upgrade Initiative
by
BitUsher
on 20/03/2017, 14:34:23 UTC
Jihan and bitmain have given plenty of statements they intend to attack -

https://twitter.com/gavinandresen/status/827904756525981697

https://archive.is/zjvh1

Quote from: Gavin
Preventing a minority-hashrate fork from confirming any transactions is a good idea. Nakomoto Consensus != unanimity.



https://www.cryptocoinsnews.com/bitcoin-market-needs-big-blocks-says-founder-btc-top-mining-pool/

Quote from: Zhuoer
“We have prepared $100 million USD to kill the small fork of CoreCoin, no matter what POW algorithm, sha256 or scrypt or X11 or any other GPU algorithm. Show me your money. We very much welcome a CoreCoin change to POS.”


We must prepare!

How about developing a ethash and Equihash PoW change so we can have ETC and Zcash merge mine bitcoin for much more security in case Zhuoer and other miners decide to spin up their GPU farms in an attack as they have claimed?  Having 2 different tested PoW algos would also have the benefit of being more difficult to create an asic for.  What do you guys think?