The sia blockchain network has released the formal code for an imminent hard fork that will block miners using hardware produced by Bitmain and other major manufacturers.
David Vorick, founder and CEO of Nebulous – the for-profit firm behind the $239 million distributed storage protocol – announced the release of code version 1.3.6 in sia's official channel on Discord Tuesday, reminding miners that the hard fork will be activated on Oct. 31.
"All users who want to stay on the Sia network need to upgrade prior to the hard fork date. All major exchanges will be participating in the hard fork," Vorick said.
As CoinDesk reported, after a year of debate, the sia blockchain community decided to enact a hard fork early in October. After activation, the new code will ensure only application-specific integrated circuit (ASIC) processors designed by Nebulous subsidiary Obelisk can be used to mine the network for block rewards.
As a result, other ASIC miners, including those made by industry giants like Bitmain and Innosilicon, will become blocked from the sia blockchain at the end of this month.
Bitmain launched its AntMiner A3 product in January specifically targeting the network's token siacoin, as well as adding support for siacoin on its mining pool, AntPool.
In his Tuesday post, Vorick said the new code also included major updates to resist Sybil attacks – which create fake identities to exploit a network – and "other methods that could be used to manipulate a host unfairly into the top ranks."
For miners who do not wish to align with the hard fork, sia's network developers are also offering an alternative upgrade, version 1.3.5. Released alongside version 1.3.6, the alternative also fixes detected security issues, but omits the hard fork portion of the code.
"The only difference between v1.3.5 and v1.3.6 is the activation of the hardfork, meaning that users can safely upgrade to v1.3.5," Vorick wrote.
Stop sign image via CoinDesk
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
IBM Says Blockchain Can Power 'Open Scientific Research' in New Patent Filing
A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain.
Led by a team at IBM's Watson Research Center, the patent application p
CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud
The U.S. Commodity Futures Trading Commission (CFTC) has jailed a bitcoin trader and fined him over $1 million for running a fraudulent bitcoin and litecoin scheme.
According to a press release iss
Japanese Firms Claim Success in Marine Insurance Blockchain Trial
One of Japan's largest insurance companies, Tokio Marine & Nichido Fire Insurance, and IT firm NTT DATA have completed a trial that put the paperwork for marine cargo insurance claims on a blockchain.
Accenture Puts Software License Management on a Blockchain Platform
Global professional services giant Accenture has rolled out a new software license management application built with tech from distributed ledger startup Digital Asset.
Accenture announced in a pre
Singapore's Central Bank, SGX Develop Blockchain Settlement System
The Monetary Authority of Singapore (MAS) and the country's stock exchange, Singapore Exchange (SGX), have developed a settlement system for tokenized assets that can work across different blockchains
Colorado Regulators Crack Down on Four More ICOs
Colorado regulators took action against four ICOs Thursday, bringing the state's total number of cease-and-desist orders against crypto startups to 12.
The state's "ICO Task Force" rebuked Bitcoin
Ethereum Sets Tentative January Goal for Next Blockchain Upgrade
Developers are eyeing January 16th as the date on which Constantinople, ethereum's upcoming network hard fork, could launch.
The upgrade for the world's second-largest blockchain was originally tar
For Bitfinex Users, Dollar Withdrawals Are Now a Weeks-Long Struggle
Three weeks after being assured that everything was running smoothly, some customers of cryptocurrency exchange Bitfinex are wondering why they still can't withdraw their money.
On Oct. 15, the cry