praxeology_guy [ARCHIVE] on Nostr: 📅 Original date posted:2017-04-06 📝 Original message:> "... put a damper on ...
📅 Original date posted:2017-04-06
📝 Original message:> "... put a damper on advancing the development of more efficient mining hardware, which is once again desirable to users as it makes the transaction ordering more future proof."
Run on sentence sorry. I meant to say that development of more efficient/mature mining hardware sooner is desirable to money owners/traders. So anything that could dis-incentivize R&D to mature ASICs would be bad. PoW policy changes should be made carefully in order to minimize this hampering effect.
I didn't mean to imply that Gregory Maxwell's current BIP countered/disabled both the evident and covert versions of asicboost. I think his BIP is a good idea, to quickly release a version that blocks the patented covert optimization... and then later we can consider taking steps to further disable the patented evident version of asicboost if it becomes a problem.
Cheers,
Praxeology Guy
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Published at
2023-06-07 17:59:30Event JSON
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"content": "📅 Original date posted:2017-04-06\n📝 Original message:\u003e \"... put a damper on advancing the development of more efficient mining hardware, which is once again desirable to users as it makes the transaction ordering more future proof.\"\n\nRun on sentence sorry. I meant to say that development of more efficient/mature mining hardware sooner is desirable to money owners/traders. So anything that could dis-incentivize R\u0026D to mature ASICs would be bad. PoW policy changes should be made carefully in order to minimize this hampering effect.\n\nI didn't mean to imply that Gregory Maxwell's current BIP countered/disabled both the evident and covert versions of asicboost. I think his BIP is a good idea, to quickly release a version that blocks the patented covert optimization... and then later we can consider taking steps to further disable the patented evident version of asicboost if it becomes a problem.\n\nCheers,\nPraxeology Guy\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20170406/9e69691e/attachment.html\u003e",
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