New Grin Technical Development Roadmap Changes to Happen Per Developer Agreement
- Grin developers are working so as to make some modifications to the technical development roadmap
- Grin is also going to be experiencing a hard fork in the near future
The Grin cryptocurrency token could have its technical development roadmap changed after a meeting held by developers. They have agreed to make changes to planned proof-of-work updates for the future. According to CoinDesk, the move is intended to give ASIC manufacturers a return on investment on the chips they have already built.
Grin Developers Could Make Some Changes to the Roadmap
In order to help ASIC manufacturers a return on investment on the chips they have already built, Grin developers decided to delay a previously scheduled phase-out of Cuckatoo32s chips until 2021. At the moment, Grin is no longer supporting mass-market miners.
Grin developer John Tromp commented about it:
“In short, preventing single chip ASICs no longer seems worthwhile or feasible, but an earlier version of me thought it was, which had led me to the phase-outs.”
The team behind Grin aimed at keeping singe chip ASICs “at bay.” However, now that ASICS were developed for Grin and differentiated by the SHA256 ASICs, they have advanced to a position of market dominance and affordability.
Samsung, TSMC and Intel should produce increasingly efficient Cuckatoo32 ASICs, according to Tromp. He considers that the c32s are ready for deployment but noted that in the worst case primary graphrate will fall and GPU miners could pick up slack with secondary.
The developer called Yeastplume commented that 2.0.0 if their first scheduled network upgrade, which means that all users in the network will have to upgrade to the 2.0.0 release. He has also mentioned that all the current versions of Grin will stop working as of the hard fork in just a few weeks.
There are also some planned changes in governance structure, including a request-for-comments period that wants to seek more community involvement.
Grin is one of the most popular privacy coins in the market that has implemented a completely different system than many other networks in the market. At the time of writing this article, Grin is the 100 largest cryptocurrency with a market capitalization of $65 million and a price per coin of $4.67.