The ProgPoW Team Now Apparently Planning to Chain-Split Ethereum Prior to Constantinople

10

An anonymous individual going by the name of “Ikmyeong Na,” who says he is a ProgPoW developer and worked on it for months, has stated an Ethereum ProgPoW node has been launched with the aim of chain-spliting ethereum before or at the time of Constantinople in three days. He or she says:

“Ethereum ProgPoW project started to create an alternative ethereum node with native ProgPoW adoption, based on Geth, the most famous ethereum client and the work base from Holiman from ethereum foundation.”

He further says “I started to create a codebase of Ethereum ProgPoW since last October,” and “we’ve excluded Constantinople support from the codebase.”

That means this new coin would have higher inflation if it gains any traction as they’re apparently keeping the three eth per block reward despite ethereum reaching general consensus to lower it to two.

Constantinople, in addition, has a number of other nice featured coded over many months by eth devs. Tis not clear whether all those other features have been removed too.

The persona himself seems to have come into existence in or around October when he made a seemingly little used Twitter account. In November he then joined Reddit. Both accounts are solely focused on ProgPoW.

Some posting history of Ikmyeong Na, January 2019.

We can see above this persona posted the ProgPoW FAQ by another anonymous individual called “IfDefElse.”

So suggesting that Ikmyeong is an integral part of the ProgPoW team and rather than this being one individual it may be that the ProgPoW team is using the chain-split as some sort of tactic. Specifically:

“They don’t have any intention to fork for ProgPoW cause they don’t want to take a risk for creating a new classic chain created by ASIC miners.”

So apparently now they’re creating a classic ProgPoW chain. Something which may explain the 51% attack on ETC as some theorize, and this is speculation, that miners want to get rid of ETC to make room for the new classic chain.

The implementation of ProgPoW has become controversial after some suggested the team behind it has a relationship with Nvidia.

A recent post on ethermining, for example, says: “Please explain why Nvidia has a 40% advantage over AMD on progPOW.”

Some suggest the compared Nvidia gear is more expensive while others argue the processing capabilities are the same, so there shouldn’t be an advantageous difference, with the picture not at all clear as it stands.

What appears clear, however, is that the proposed algo change would be picking winners and losers between GPUs and asics and potentially even within GPU miners.

Copyrights Trustnodes.com

 

10
Comment

100000
5 Comment threads
5 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
5 Comment authors
  Subscribe  
newest oldest most voted
Notify of
ProgPoW

Ikmyeong Na is an honest developer, among those Ethereum Foundation developers who are corrupted

heyheyheyyy

I support Ethereum ProgPoW fork! Give me my free Ethereum & ERC20 airdrop!

Hoku

Craziest theory by far

Clydelucien

I know why nvidea is favored

opt9

This ProgPoW team reminds me of the Bitcoin Platinum scam done by some South Korean high school teens.

His nickname “Ikmyeong Na” – apparently Korean – means “I’am an anonymous”.

“Na” is “I”, “Ikmyeong” is “an anonymous”

I can’t dream of any serious block-chain/crypto-currency developers in South Korea using like that ridiculous nickname.

If he is a professional blockchain developer, he would choose more generally acceptable nickname.

He could be the same guy of the Bitcoin Platinum scam, or the other copycat criminal.

Plz watch out.

miner29

i know one called fluffy pony…..i mean that nick name cant be serious….

ProgPoW

This is simply a fake news including this reply, Ikmyeong Na or ProgPoW doesn’t have nothing to with Bitcoin Diamond and he told me that your comprehension is wrong. I believe you are posting this as a political attack toward ProgPoW adoption.

opt9

Hmm… you are a South Korean guy, too. How can I believe in that you are not himself?

ohgod

How can I believe in that you are not Sonia Chen? 🙂

ProgPoW

Is there any single evidence that Ikmyeong Na is related with the project you talk for?