| submitted by /u/Subzero919
A Bitcoin mining hardware accelerator is described. A System on Chip implementing a Bitcoin mining hardware accelerator may include a processor core and a hardware accelerator coupled to the processor core, the hardware accelerator to mine digital currency. The hardware accelerator may include a first computational block, including a message digest datapath, wherein the first computational block is to: precompute a first summation of a 32- bit message (Wi), a 32-bit round constant (Ki), and…
Bitcoin privacy wallet pioneers Samourai Wallet have announced a new proprietary app called Pony Direct, a transaction payment method (or to act as a relay) to send bitcoin via short message service (SMS), popularly used for texting. It’s a creative way to improve upon censorship resistance.
Also read: Ditch University and High Transaction…
Whether it be for the S2X bullshit, or the fact that 90%+ of hashing power is centralized in the bitmain cartel, we need a PoW change that can sustain the effects of ASIC manufacturing. Equishash is NOT the answer, and Core's focus needs to be aimed at an ASIC resistant hashing function.
We now see the true effects of what a 51% attack could mean. A ASIC-resistant, or ASIC-impossible solution needs to be found. We're looking at having Bitcoin taken from beneath us if we don't act now. And this will NOT be the only attack we will see in this style. Core has a responsibility to Bitcoin to put their effort into this.