Fair Mining Has Always Been the Goal
Parallax was designed around an accessible Proof-of-Work model in which ordinary users can participate using general-purpose CPU and GPU hardware without requiring expensive specialised mining equipment.
During recent updates to the Parallax website, some of the original fair-mining wording was not carried across clearly enough. We apologise for the confusion this may have caused.
What We Learned
Recent high-hashrate Scrypt mining activity demonstrated that specialised Scrypt hardware can dominate block production and make it much harder for ordinary CPU/GPU miners to find blocks.
That behaviour is technically possible under the current Scrypt rules, but it does not match the fair-mining objective Parallax was created to support.
Existing valid blocks, balances and blockchain history will remain intact. We are not removing previously accepted mining rewards.
Proof-of-Work Mining Update
Parallax Core Developers are evaluating a Proof-of-Work algorithm update designed to restore realistic mining participation for ordinary CPU/GPU users and reduce the advantage of expensive specialised mining hardware.
Parallax will remain a Proof-of-Work blockchain. Any consensus change will be tested before activation, documented publicly, and introduced from a future announced activation height.
CPU/GPU Accessible
The mining design will continue to prioritise ordinary general-purpose hardware.
Existing History Preserved
Current balances and valid historical blockchain data remain part of Parallax.
Mining Pools Still Welcome
Pools can remain part of the network while supporting the same fair-access mining model.
PLX/USDT & Broader Network Integration
Alongside the mining update, Parallax is working toward broader wallet and exchange compatibility. This includes development of a standard token representation for PLX on an established network, with the long-term goal of supporting a PLX/USDT trading pair and making PLX easier to add to widely used wallets and trading platforms.
No token contract address or trading pair is being announced yet. Contract details, network information, bridge mechanics and trading information will be published only after testing is complete and the integration is ready for public use.
Looking Forward
These changes are being made to strengthen Parallax and bring the network closer to its original goals: fair and accessible Proof-of-Work mining, broader wallet compatibility, stronger infrastructure, and easier access to PLX across the wider crypto ecosystem.
The Parallax blockchain remains active, existing balances and valid blockchain history remain intact, and development is continuing. The work on mining accessibility, wallet/network integration and the planned PLX/USDT trading route is intended to make Parallax stronger, easier to use and better prepared for long-term growth.
We appreciate everyone who has supported, mined, tested, downloaded and followed Parallax so far. This update is an important step forward for the network.
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