Idea: Rotating Proof-of-Work

Technologov

Member
Mar 5, 2017
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Israel
To avoid the possibility of ASIC miners taking over the network, we can design a PoW algo with a difficulty time-bomb, like Ethereum did.

Difficulty time bomb, if when block difficulty time is adjusted exponentially, making blocks 100x times slower to produce in a 2 years time. Giving enough time (and incentive) for the community to hard-fork to a new Dash version.

And once every year replace a PoW with a different PoW algo. This will make it very hard for ASIC guys to build efficient ASICs.
This will also prevent the latest ASICboost debacle from the Bitcoin world.

What do you think ?

NOTE: This idea has a down-side: too much power to Dash Core developers down the line.
 
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