BREAKDOWN: A 101 Guide to Ethereum's ProgPOW Controversy

Last Friday on Ethereum’s core developer call, the devs agreed to push forward a controversial anti-ASICs consensus algorithm switch known as ProgPoW. 
The broader Ethereum community was not pleased, and has spent the last week debating both ProgPoW itself as well as the way decisions in the community get made. 
In this 101-guide to the controversy, @nlw breaks down:

What is ProgPoW

The history of the debate

Arguments for and against

Who falls on what side and why 

The implications of ProgPoW for DeFi

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.