skip to Main Content
bitcoin
Bitcoin (BTC) $ 96,248.79 1.40%
ethereum
Ethereum (ETH) $ 3,274.15 5.15%
tether
Tether (USDT) $ 0.998562 0.49%
solana
Solana (SOL) $ 244.74 2.82%
bnb
BNB (BNB) $ 612.20 0.52%
xrp
XRP (XRP) $ 1.11 1.51%
dogecoin
Dogecoin (DOGE) $ 0.381054 2.95%
usd-coin
USDC (USDC) $ 0.996392 0.55%
staked-ether
Lido Staked Ether (STETH) $ 3,275.11 5.16%
cardano
Cardano (ADA) $ 0.775939 7.31%

A 101 Guide to Ethereum’s ProgPOW Controversy

A 101 Guide to Ethereum’s ProgPOW Controversy

Why the ProgPoW debate is really about process, power and the threat contentious hard forks pose to DeFi.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

Last Friday, on Ethereum’s core developer call, the devs agreed to push forward a controversial anti-ASICs consensus algorithm switch known as ProgPoW. 

The broader Ethereum community was not pleased, and has spent the last week debating both ProgPoW itself as well as the way decisions in the community get made. 

In this 101-guide to the controversy, @nlw breaks down:

  • What is ProgPoW
  • The history of the debate
  • Arguments for and against
  • Who falls on what side and why 
  • The implications of ProgPoW for DeFi

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

Disclosure Read More

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading data ...
Comparison
View chart compare
View table compare
Back To Top