On Friday 25 August, a regular meeting of the Ethereum developers, designed to solve a number of issues on introduction of amendments into the code in advance of the October hard forks. However, the meeting did not bring the expected results: the participants failed to reach agreement on key issues.
The meeting was attended by most of the miners Ethereum and some prominent investors. The discussion’s aim was to reach consensus regarding the Ethereum economy, speed of updates, the supported methods of mining, and to establish a mechanism for conflict resolution in future updates.
The discussion lasted for two hours, however, the agreement failed. In the end, it was assigned to a second meeting to be held on August 31. The urgency of these issues is also due to the so-called “bombs of complexity”, which is designed to encourage rapid changes to the Protocol. Currently it is set to the beginning of 2019 and should be removed or postponed to a later date.
A significant part of the meeting was devoted to discussion of the problem of the number of the created broadcast and its distribution with the extraction of each block.
Two attendee – Atlantic Crypto CTO Brian Ventura (Brian Venturo) and developed by Matthew white (Matthew White) – urged not only to cut emissions, but also to limit the maximum amount of air.
This proposal differs from existing long-term plans, according to which the restriction of emissions will not be introduced until until the network will switch to the mechanism of consensus Proof-of-Stake, hence the need in mining equipment will be completely eliminated.
Chapter Sparkpool mining pool that controls more than 20% Hasrat Ethereum, spoke against the proposal, Ventura and white. In his opinion, it may entail negative consequences.
“There is a critical point and when we get to it, everything will break and nothing will be able to return. I think the limitation of emissions can have a significant impact on safety.”
Although the transition to the POS mechanism is already planned, the developers need to resolve one question: whether to block the use of specialized chips, which today’s GPU miners may be forced to abandon the production Ethereum.
According to developer Danny Ryan (Danny Ryan), lock the ASIC can be a “reasonable compromise” for the GPU-miners.
Developed by Hudson Jameson (Jameson Hudson), who heads the congregation, in turn, said that this change can be made in the next hard forks, which will take place 8 months after activation Constantinople.
Although this proposal was supported by many miners, some developers opposed the code changes and expressed doubt that it will help to achieve stated goals.
As for Constantinople, the significant changes compared to the last report was not. The developers reported fixing several bugs and new features test network.
Also during the meeting, it was decided to hold hardforce every 8 months.
Recall that Constantinople is the second stage of hard forks Metropolis – will be held in October, it became known in July.