Grin Cryptocurrency to Vote on Change to Hard Fork Roadmap

Published on by Coindesk | Published on

Developers behind privacy-oriented coin Grin are discussing crucial, potential changes to the cryptocurrency's hard fork roadmap.

Since plans to keep mining decentralized through a series of system-wide upgrades may not pan out quite as well as Grin developers have hoped, they are looking to potentially adjust the upgrade schedule.

Prominent Grin developer John Tromp, who invented proof-of-work mining algorithm Cuckoo Cycle, suggested during a bi-weekly Grin Governance meeting today changes to what will go into the next hard fork currently set for mid-July.

To keep ASICs at bay, Grin developers agreed to hard fork the network every six months and tweak the mining algorithm slightly for a period of two years.

At present, roughly 81 percent of Grin blocks are being mined using the ASIC-resistant and tweakable variant of Tromp's Cuckoo Cycle called Cuckaroo29.

The following phase - Cuckatoo-32 - will result in a total of 55 percent of Grin blocks mined using Cuckatoo31+.

Thereafter, the beginning of Cuckatoo-33 in 2023 marks the phase transitioning to a fully Cuckatoo31+ mined Grin network.

If not, Vorick maintains that "It will almost guarantee there will be an [ASIC] monopoly at ," which is exactly what the Grin developers were trying to prevent.

Writing on a public Grin forum, Vorick shared his concerns about the phased hard fork roadmap.

"We really would like to see Grin [succeed] and we would like to do so by collaborating with the Grin community and letting them know what's going on before it happens," wrote Vorick.

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