The DigiByte team has announced that they are testing some next-generation mining technology and working on an algorithm that recreates itself in every 10 days. The idea behind the algorithm is to resist the ASIC (Application-Specific Integrated Circuit) miners to mine the Digibyte blockchain.
The large-scale use of ASIC miners for mining has more or less some concern over its affect on decentralization of the blockchain projects.
“The idea is an algorithm that recreates itself every 10 days. FPGA’s will be the ideal hardware to mine with. Every 10 days miners will get to reprogram and rediscover the most efficient settings to mine the DigiByte blockchain with”: Jared Tate
A field-programmable gate array (FPGA) is an integrated circuit designed to be configured by a customer or a designer after manufacturing – hence “field-programmable”. Unlike ASICs which are designed to work on a specific algorithm, FPGAs can be adjusted postfork .
We are proud to announce we are testing the next generation of #blockchain mining technology. Imagine a mining algorithm that recreates itself every 10 days? No #ASIC could ever be created for it. True #Decentralized #ProofOfWork #CyberSecurity
— DigiByte (@DigiByteCoin) November 8, 2018