Tag Archives: PoW

Monero Sticks to Anti-ASIC Guns

Say what you will about their position, but the developers of Monero are sticking to their guns. Over the weekend, Riccardo Spagni — lead maintainer of the privacy-centric cryptocurrency — released Lithium Luna, the latest version of the Monero source code. The update itself was planned, but included in the software is an emergency provision intended to prevent ASIC miners from operating on its network, which uses the Cryptonight Proof-of-Work (PoW) hashing algorithm. Continue reading Monero Sticks to Anti-ASIC Guns