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Proof-Of-Vote for Ergo EIP-37 on Ergo.GetBlok.io
Following the Ethereum Merge an influx of Proof-of-Work miners (Roughly 800TH) needed to find a new home to continue their mining operation. Both small and large miners began migrating to new chains and many had found interest in Ergo. On the day of the Merge, Ergo hashrate skyrocketed to an unprecedented all-time high of ~250-300TH.
GetBlok.io Ergo EIP 0027 Voting Tutorial
@ÅrÖhBê walks us through the voting process for EIP-0027.
Decentralizing Traditional Proof-of-Work
In this article, we will explore the use cases beyond Plasma SubPool contracts, and what it means to become a fully decentralized layer-2 mining platform built on Ergo.
A sad day for Proof-Of-Work mining
Truly a sad day Since the conception of the SmartPool, it has been our goal to provide a decentralized mining platform for miners alike to be able to contribute and participate in the novel technology of SmartPooling. As many know the SmartPool requires significant development and infrastructure. While building value for the end user, the…
SmartPool Payout Reference
Currently payments are processed after 20 confirmations from the block find. This is typically less than 1 hr or shortly after 20 confirmations for the block find. The image below shows the different stages and sequences for a found block under GetBlok.io’s SmartPool payment scheme. To help understand how Smart Contracts-based payment processing occurs, the…
When will EIP-0027 begin?
Many are curious and eager to understand when Ergo’s proposed Soft-Fork, EIP-0027, will begin. Below is our best estimate, calculated on 1/7/2022: 40,455 Blocks from right now until the SF would go into effect Roughly 720 Block Per Day 40,455/720 = 56 Days remaining until SF initiates The voting for soft-fork lasts for 32 epochs…