NO SIA FORK

in #bitcoin7 years ago

That is much easier said than done, for obvious reasons. The option to fork the code and nullify Bitmain’s hardware is still an option. Additionally, the A3 miners will be pushed to pools such as Luxor and Siamining, rather than to pools affiliated with Bitmain. Moreover, there will be a push for other ASIC manufacturers to develop competitive mining equipment.In the case of Sia, we now have two different ASIC devices competing with one another. There is the Obelisk SC1, which was created by the team itself, and the Bitmain Antminer A3. Although the developers could easily nullify the impact of the A3 through a soft fork, they have no intention of doing so as of right now. If the hardware turned out to be the catalyst for an attack against the Sia network, that situation could change. This indicates that the developers are somewhat concerned, but not in a preemptive fashion.rather controversial. The company has a very strong track record when it comes to Bitcoin and even altcoin mining. At the same time, Bitmain has been a “bad actor” due to blocking Bitcoin network upgrades, supporting Bitcoin Cash, and the Antbleed debacle. It is evident that any involvement by this company will be criticized for many reasons. Its hardware itself is in high demand, though.In a recent Medium post, the team explained why they see no issues with Siacoin ASIC miners. In fact, the team has been in favor of seeing ASIC hardware for the Sia network. It seems both the hardware and increased hashrate are considered positive developments for this altcoin. With plenty of ASIC miners out there, there is a lower chance of suffering from a 51% attack, which is always a good thing. This doesn’t mean we won’t see centralized mining efforts related to Sia, though.siacoin-logo-large.png

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I'm glad they aren't forking. I'm no fan of Bitmain, but friendly competition is a good thing. I've been holding Sia since 60 satoshis and run a host on the network, so i was pretty concerned about this possible fork.

hold bro.....

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