April 26, 2024

Ethereum developers intend to activate ProgPoW code in July

Ethereum developers agreed that the activation of the ProgPoW code, designed to make the second mining ineffectiveon the capitalization of cryptocurrency on ASIC equipment, will be held approximately in July. It is reported by Crypto Briefing.

In June, approximately three weeks before the activation of ProgPoW, Ethereum will implement the EIP-1962 update, which will add new cryptographic functions to the network.

Note that the ProgPoW topic is discussed inThe Ethereum community has been around for quite some time. Some developers consider this proposal “controversial” and even capable of leading to a split in the network. In particular, the CEO of the SpankChain project, Amin Soleimani, and the founder of Gnosis, Martin Koppelmann, are against ProgPoW.

However ethereum developer james hancockI am convinced that a split is unlikely. Moreover, he believes that ProgPoW is one of the “most prepared” proposals for activation. The Martin Suende of the Ethereum Foundation, who also insists on the expediency of activating this proposal, agrees with him.

“Everything that should have been said has already been said. I think it's time to move forward. "- emphasized Suende.

Recall that earlier Vitalik Buterin expressed the opinion that the Ethereum ecosystem is able to develop without his participation.