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Community Meeting #3 Discussion on PoW Algorithm changes and Block Reward 22 February 2020

By February 22, 2020 No Comments

Our 3rd community meeting focused on two important decisions, discussing a potential PoW algorithm change for Zcoin and the division of block reward post September 2020 (Zcoin’s first halving).

We had Henry Quan, CEO of ePIC Blockchain (https://www.epicblockchain.io/) that designs ASICs and FPGAs weigh in on his opinion of ASIC-resistance and its impact on a coin’s economy, the latest advances in ASIC design and the impact of an algorithm on ASIC profitability.

We also had Kristy-Leigh Minehan who is a co-creator of ProgPOW give her insights on how the GPU mining industry works and how she feels despite its imperfections it is still fairer than FPGA/ASICs.

In the last half an hour, discussion on division of the block reward post September with a surprise visit from Diego Salazar (rehrar) from the Monero community who shared his experience on how the Monero CCS has worked out for them.

Thanks to everyone who participated!

Give your feedback on important decisions on the Zcoin Forums below

Development Reward post halving

PoW Algorithm change

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