Decentralized platform Ubiq has initiated a public vote on switching to a Proof of Work (PoW) algorithm. Based on a majority approval by Ubiq nodes, the platform will move to consensus algorithm ProgPoW.
Ubiq Proposes ProgPoW
Ubiq is an Ethereum fork with its mining network, token, and a block interval of 88 seconds. On May 30, 2018, Its developers proposed a switch from the current PoW consensus algorithm to ProgPoW through a hard fork, based on community response. Additionally, the proposal suggests a minor change in the current Ethash.
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