Developers decide to lower the reward per block of the Ethereum network CriptoNoticias

Other discussions

As if that was not enough, the difficulty of the bomb code used to add time pressure for updates – will be postponed for a period of 12 months, a decision that was also taken together and that led the developers to discuss in the next hard fork the updates about the mining algorithm of the network.

In this specific problem, developers must discuss the application of a new mining algorithm that could limit the confirmation activities in the Ethereum network. The proposal is based on the application of a new algorithm called ProgPoW – which aligns the ASIC and GPU mine in the network – and leaves behind the well-known PoW (working test).

Afri Schoedon, developer of Parity, said that at the moment the discussion about the new algorithm of mining is delayed for other meetings. Source: ETH News.

The event also discussed and approved new proposals for the efficiency and scalability of the network, in particular the EIP 145, EIP 1014, EIP 1052 and EIP 1283. Likewise, the following hard fork The update of the Ethereum network takes place approximately 8 months after Constantinople.

It is worth noting that participation was much more limited at this last meeting, because the data subjects were only 14 of the developers of the network who communicated via a video call. A meeting that differed from the previous, last week, where both miners and investors were present for the discussion of the block reward, interview that was postponed due to the inability of consensus.

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