Ethereum (ETH) ProgPoW ASIC-Resistance Compromised By Critical Flaw: Details

News
Fri, 03/06/2020 - 11:31
Vladislav Sopov
Implementation of Programmatic-PoW rules into Ethereum network has been its most controversial upgrade since the ‘DAO Fork’. A critical bug in ProgPoW has been disclosed
Cover image via www.shutterstock.com
Contents

Independent Japanese Ethereum researcher and developer Kikx claims that the Ethereum (ETH) Programmatic Proof-of-Work (ProgPoW) algorithm fails to protect the second blockchain from ASIC-based mining. What does this mean and why is it of crucial importance to Ethereum?

No ASIC-resistance in ProgPoW

According to Kikx, the hash-function code operated by the ProgPoW algorithm can be modified in order to allow the application-specific integration circuits to take part in its mining. And this is definitely a feature ProgPoW was designed to erase from the network.

Image via GitHub

Kikx noticed that the 64 bit ‘seed’ (one of the inputs in Ethereum (ETH) computations) is too small, which allows ASICs to compute hash without accessing the memory. As a result, the owners of ASICs can modify the code in three simple steps and gain superiority in mining profitability.

Kikx was generous enough to share all of his suggestions (the nature of the flaw, vulnerable areas of the code as well as a live demo of a possible execution) in his GitHub

Developers Embarrassed

Top Ethereum (ETH) developers, e.g. Hudson Jameson and James Hancock, discussed Kikx' conclusions, the latter of whom found the vulnerability ‘pretty unusual’ and not constituting a danger to other mining algorithms.

Image via Twitter

In addition, Kristy-Leigh Minehan, author of mining algorithms, highlights that:

This is a pretty cool trick - though we have yet to confirm it works in practice

Programmatic Proof-of-Work is a mining algorithm that was intended for eliminating the possibility of mining Ethereum (ETH) on ASICs in order to ensure the safety and decentralization of the network. It has been criticized due to the possibility of an unwanted hard-fork. Also, its implementation may result in delay with the launch of Ethereum (ETH) 2.0.

Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy