Why does ETH use flash mining (does ETH eat flash mining)
eth Why use video storage for mining Danny Ryan, the core developer of Ethereum, said that why does ETH use video storage for mining? In order to prove the privacy of ETH and avoid attacks, there are currently two methods:
1. Sending transactions to ETH addresses without any third party (such as a hardware wallet or browser) 2. Use MetaMask to achieve this 3. Fundamentally abandoning the mode of wallet addresses and passwords that users need to know Now ETH has started to shift to other ways of storing data and verifying transactions. Therefore, we have decided to use a graphics card to run these operations and solve the problem. This is a completely different approach from Bitcoin: accessing the data and calculation results of all nodes and block headers in a more secure way
Does ETH eat video memory
In Ethereum network, the consensus algorithm of ETH is eth1 (that is, Eth2). When the block size exceeds 32KB, it will cause a transaction delay of up to 2 seconds, which means that if the graphics memory is not increased, the entire blockchain will be engulfed. However, from the current situation, ETH3 needs to consume graphics memory to become a mainstream public chain, as its computing power and speed far exceed other public chains Regarding this, EtherNodes founder Jameson Lopp tweeted: “We already know the reason why ETH eats graphics memory – it uses a proof of work mechanism, rather than obtaining dividends through PoW mining. Now, because there are some problems in Ethereum network, it cannot be guaranteed that it can support all nodes, so we suggest client developers consider adopting more conservative software solutions.
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