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Lead developer (ETH) Hudson Jameson has announced that a third-party audit of the ProgPoW-specific Application Specific Integrated Circuit (ASIC) resistant validation algorithm has been funded. The announcement was made by the developer at the last fortnightly meeting of Ethereum developers on April 26th.
During the teleconference, it was clarified that the targeted funding amount of 50,000 decentralized USD units based on Ethereum had been reached. The funds would have been obtained from the population through donations.
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