I just joined my first core devs call #58 (late bloomer I know), and I was concerned to hear that the core devs seem willing to move forward and include ProgPow, even if the audit doesn’t take place due to a lack of funding.
At the risk of taking an extreme position, this strikes me as insane.
I understand that many people want to just get this over with, as @gcolvin said on the call. But I don’t think it will ever make sense to switch to an un-audited hashing algorithm for a $10B+ network.
Also I understand that this is a hypothetical discussion about what we do if the audit is not funded, and that imminent funding for the audit would obsolete this conversation, but I believe that if the default is that we don’t implement ProgPow without a clean audit (imo the sane thing), it makes it far more likely that miners would expediently pay for the audit.
I want to add that I still don’t support ProgPow even if the audit comes back clean, but I would much more willing to accept it if it didn’t feel reckless.