If you’re looking for information on Autolykos, this episode is for you. Wolf9466 calls in to answer all of our questions on Ergo’s Proof of Work consensus algorithm on this 12th episode of Proof of Ergo.

For the latest on Ergo and more on what makes this cryptocurrency so incredibly special... join James Kever as he covers the ecosystem and speaks with people in the know about upcoming projects, current events and innovations happening on the Ergo network.

Time Stamp:

0:00 Not financial advice & Introduction

0:21 Intro to Autolykos

1:25 Introducing Wolf, an Autolykos expert

2:00 Tell us about your background

2:43 What is a hash function?

3:44 What is a block?

4:03 What’s an epoch?

5:11 Walk through of Autolykos

6:27 How does Autolykos compare to how Bitcoin arrives at consensus?

7:06 Where do mining pools fit in all this?

8:03 What is ASIC resistance?

8:48 How and why is the Autolykos algorithm unique?

9:36 What are some of the limitations of Autolykos?

10:11 What will it take to optimize ASICs for mining?

10:51 What’s the most important detail about Autolykos?

11:35 What was wrong with Autolykos v1

12:30 Who can make changes to Autolykos v2?

13:06 Where can people find out more about Autolykos?

13:45 How can Autolykos improve?

14:55 Is Ergo’s PoW a waste of energy?

16:23 How can Ergo mitigate risk of a 51% attack?

17:30 PoW vs. PoS: Which is better:

19:32 Show close

19:57 Thanks to our sponsor, Ergopad

To listen to Proof of Ergo as an audio only podcast:

https://anchor.fm/proofofergo

Overview of Autolykos:

https://docs.ergoplatform.com/mining/algorithm/#autolykos-v2

More on Autolykos:

https://www.ergoforum.org/t/autolykos-v-2-details/480

Autolykos: The Ergo Platform PoW Scheme:

https://www.docdroid.net/mcoitvK/ergopow-pdf

Wolf’s Website:

https://lovehindpa.ws/

Wolf’s Discord:

Wolf9466#6211

Wolf’s Discord Server:

https://discord.com/invite/JJFSC6CEGw

Keywords:

Crypto,cryptocurrency,ergo,erg,the ergo foundation,btc,eth,bitcoin,ethereum,finance,financial,market,markets,hardware wallets,trezor,ledger,ergopad,Joe Armeanio,Proof of Work,Proof of Stake,Cardano,ada,games,darkpool,ergogames.io,mining,consensus mechanism,autolykos,mining pool,mining pools