Vitalik Buterin spoke about the use of ASIC after Ethereum 2.0
The creator of the Ethereum cryptocurrency, Vitalik Buterin, spoke about the possible use of ASIC miners after the update of Ethereum 2.0, which will change the consensus algorithm in the network from Proof-of-Work to Proof-of-Stake.
In the YouTube podcast The Shitcoin Dot Com Show, Vitalik shared one of the options for using the equipment after the fork:
“The option closest to crypto space, but which is definitely not for 100% miners, for a maximum of a few percents, is zero-knowledge proof”
The entrepreneur believes that this protocol carries a technological revolution.
According to popular belief, after the global update of Ethereum 2.0 is released, owners of mining equipment will switch to mining alternative coins on the Ethash algorithm.
An active expectation of the upcoming update is evidenced by the fact that after the Ethereum 2.0 “Topaz” testnet was launched, more than 20 thousand validators were registered in the network, and for this, each of them had to block at least 32 ETH.