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The success of the bitcoin network has evidenced the secure nature of blockchain technology. Accordingly, the use of blockchains in other related fields has gained interest over time. However, ASICs are designed to narrowly match specific elements of the protocol within which they are to be implemented, specifically the elements of the protocol describing the particulars of the proof-of-work system defined by the protocol. For the bitcoin network, each ASIC is designed assemble at great speed block headers as described by the bitcoin protocol, subject them to two consecutive instances of the 256-bit version of asics kayano 24 mens the Secure Hashing Algorithm (SHA-256) protocol, and finally check the validity of the resulting 256 bit binary hash value by comparing it to a pre-determined validity test, which in the case of the bitcoin protocol is embodied as the difficulty level, as was discussed previously.
This limits the flexibility and opportunity to proliferate blockchain technology outside of the bitcoin network itself, or of networks based or chained' on it to one degree or another, since high-performance proof-of-work implementations generally require the use of ASICs, and current-generation ASICs are only able to implement one highly specific proof-of-work system. Moreover, due to the nature of the proof-of-work process any private blockchain that relies on the same proof-of-work system used by Bitcoin for its own proof-of-work process can easily be interfered with by third parties using commercially-available equipment designed to solve the proof-of-work system defined by the bitcoin protocol.
Embodiments of the technology disclosed herein are directed toward the design, fabrication and utilization of application specific integrated circuits for cryptography-related applications. More particularly, various embodiments of the technology disclosed herein relate to ASICs having one or several programmable transformation functions embodied as circuitry incorporated into the integrated circuit's high speed datapath. By encoding transformation function as datapath circuitry, embodiments of the technology disclosed herein enable ASICs to implement any one of a very broad range of proof-of-work systems as selected by the user.
The practical result of this is that integrated circuits incorporating the technology described herein may easily be configured to operate in the same manner as standard bitcoin mining ASICs and be used to mine bitcoins with no particular difficulty, asics nimbus 19 mens (aside from and in addition to being able to operate in manners that are not replicable by bitcoin mining ASICs not incorporating the technology described herein).As used herein, the term component might describe a given unit of functionality that can be performed in accordance with one or more embodiments of the technology disclosed herein. As used herein, a component might be implemented utilizing any form of hardware, software, or a combination thereof. For example, one or more processors, controllers, ASICs, PLAs, PALs, CPLDs, FPGAs, logical components, software routines or other
mechanisms might be implemented to make up a component.