Martin Holst Swende – Ethereum (ETH) Lead Security – Supports Removal of ASIC Mining Hardware

ethereum

Ethereum (ETH) – the second largest digital currency in the world by market cap – has been through a lot lately. The digital currency was recently involved in a big dip that reduced its value significantly and made it test a new yearly low.

These losses were attributed to the Dapps on the platform as well as ICO sell-offs. Nevertheless, the value of the coin is now retracing its steps, recovering over the $200 level and trading higher.

However, there has been a lingering issue in the blockchain ecosystem of Ethereum (ETH), and that is the removing of ASIC miners from earning an extra-large share of the valuable digital currency (ether) of the platform.

SEE ALSO:   Ethereum Founder Vitalik Buterin, Uncovers New Idea On The Ethereum Blockchain - Sat Oct 20

Ethereum (ETH) Price Today – ETH / USD

Name Price24H (%)
Ethereum (ETH)
$207.34
0.92%

Martin Holst Swende Joins the Team of Ethereum Devs in Support of ASIC Miners Removal

A prominent voice recently joined the team of ETH developers that are in support of this notion. A security lead at the Ethereum (ETH) Foundation – Martin Holst Swende, recently gave his voice to support the action to do away with ASIC mining hardware from the platform of Ethereum (ETH).

Swende became part of the blockchain project back in 2016, and since then he has been working to make sure code changes don’t harm or disrupt operations on the blockchain of Ethereum (ETH). With this notion, he is supporting other leading technologists that work on the core code of the platform and believes that these chips should be blocked.

MetaMask Blocks 333ETH – the Most Popular Ethereum Dapp

MetaMask – a digital currency wallet and decentralized application on the blockchain of Ethereum (ETH) – recently blocked 333ETH – the most popular decentralized application on the blockchain of Ethereum (ETH). MetaMask said it decided to block the Dapp, which it said it would make optional, as a result of the 333ETH decentralized app being an “active scam.” MetaMask said it did this in the best interest of users.


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