Post
Topic
Board Bitcoin Discussion
Re: Proof of work debate? Threatened 51% attack due to fork debate
by
hv_
on 21/03/2017, 06:53:53 UTC
Too simplistic gentlemen


And it's being discussed here:

https://bitcointalk.org/index.php?topic=1833391.0


I am strongly in favour of switching the PoW hashing algorithm to Keccak, CuckooCache, Equihash, or whatever has the best balance of proven hash algorithm & difficulty  to develop an ASIC. And I think it should be done before any BU hardfork, any miners unhappy with that should've thought realistically that this day would come.


ASICs begone. The CPU mining revolution will be beautiful, Satoshi warned against the development of sole-purpose SHA256 hashing ASIC processors, and today we can see why.



All Bitcoiners will mine BTC with their regular PC again. Let's do it.

It will be CBANKS altcoin - just do it mate and post in the alt section!