Ethereum community members sign petition against ProgPoW update

On Wednesday Ethereum community members filed a petition against the ProgPoW update. The update aims to reduce the efficiency of cryptocurrency mining using specialized ASIC devices. The issue of ProgPoW has not been raised for several months, but during the meeting on February 21st, the developers suddenly scheduled an update for July.

“Due to the fact Ethereum is definitely a worldwide podium having a significant range of various communities of members, it really is essential that main modifications to the standard protocol contain a very clear goal plus wide-ranging support” – the petition says. “Obviously, EIP-1057 lacks support, but its activation is still under review.”

The petition was signed by CEO and Uniswap founder Hayden Adams, Tim Coulter CEO Truffle Suite, Andrew Keyes DARMA Capital co-founder and others. “The stated goal of ProgPoW is to prevent controversial forks during the transition to Proof-of-Stake. Nevertheless, its activation itself increases the chances of an undesirable outcome” – the opponents of the update say.

“There was a clear opinion among the Ethereum community that ProgPoW should not be launched” – said Scott Lewis, co-founder of DeFi Pulse. “If it doesn’t matter to the Ethereum management process, the Ethereum management process needs to be changed.”


Earlier, Ethereum co-founder Vitalik Buterin made his share of criticism in this matter. He refrained from the opinion about the update itself, but rebuked the developers that they made the decision unilaterally.

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