Vitalik Buterin, Ethereum co-founder, outlined his thoughts on modifying block mining to be ASIC resistant during an Ethereum Core Developers Meeting on Friday, according to a recap of the meeting that the group posted. Buterin told developer attendees that it currently isn’t clear which specific protocol change would make a difference against Bitmain’s recently unveiled Antminer E3 ASIC miners, other than switching Proof of Work to SHA3 or something that is not IO bound. As a result, Buterin told attendees: “I’m inclined not to make a change that drastic.” He explained that even if such steps were taken, it would only buy the community six to 12 months time and, in the process, create a chaotic environment while everyone would upgrade after a fork. “At this point I lean towards no action,” Buterin said. “If (Bitmain E3s) have majority hash power and try to use it for evil, it would just speed up casper development, to hell with any remaining bugs, we’d launch the thing within a week and mining rewards would go down by 90%.” Read more here.

ThirtyK Staff
If you would like to contact the ThirtyK News Brief team, please email us at