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>The same "problem" occurred when people invented GPU mining, then FPGA mining, then ASIC mining. As long as SHA256 isn't broken, it doesn't matter what kind of
by MertsA 10y ago
>The same "problem" occurred when people invented GPU mining, then FPGA mining, then ASIC mining. As long as SHA256 isn't broken, it doesn't matter what kind of speedup miners manage to get
This isn't a break of SHA256 obviously but it is a break of the PoW for Bitcoin. The whole point is that you have to hash the same amount of data for each attempt to find a block. ASICBOOST is about not having to hash the same amount of data. This isn't a speedup of the hashing algorithm, this is about avoiding needing to hash the same amount of data for every attempt. Call it an optimization if you want, but Bitcoin was designed with the goal that this wasn't possible.
- midmagico 10y agoCorrect! And yet nobody is seriously (i.e. with code in a PR) wanting to completely disable all forms of ASICBoost. Just the covert kind which is incompatible with a bunch of important protocol upgrades and interesting ideas that make Bitcoin stronger.