First of all I apologice due to the possible mistakes in my writing below,
I am not a Bitcoin developer but I have some knowledge about it.
We all know the recent news, Ghash pool controlling 51% of the hashrate.
While some consider it a threat others think that is not harmful.
The thing
I have been surprised by the lack of discussion of this topic here!
On 6/17/2014 10:57 AM, Raúl Martínez wrote:
We all know the recent news, Ghash pool controlling 51% of the hashrate.
While some consider it a threat others think that is not harmful.
The thing is that we have to do something to
In this scenario how do you ensure the miner solving the block cannot
reapportion the subsidy to himself rather than the pool?
On Jun 17, 2014 2:09 AM, Raúl Martínez r...@i-rme.es wrote:
First of all I apologice due to the possible mistakes in my writing below,
I am not a Bitcoin developer but
Because he cant change the coinbase once the proof of work is done.
El 17/06/2014 15:58, Ron Elliott ronaldbelli...@gmail.com escribió:
In this scenario how do you ensure the miner solving the block cannot
reapportion the subsidy to himself rather than the pool?
On Jun 17, 2014 2:09 AM, Raúl
as I understood your proposal the entire block would be created on the
miner rather than just the block header. Currently miners do not receive a
list of transactions, they receive information required to create the block
header, this is how you keep miners honest. if the miner is creating the
quote:
https://en.bitcoin.it/wiki/Getblocktemplate is supposed to solve most
of the pooling-centralization problems. Unfortunately, it is opt-in,
and GHash.io doesn't support it.
Also most miners don't care and don't do the work to set it up. To do
transaction inclusion themselves, they'd
On Tue, Jun 17, 2014 at 4:20 PM, Christophe Biocca
christophe.bio...@gmail.com wrote:
https://en.bitcoin.it/wiki/Getblocktemplate is supposed to solve most
of the pooling-centralization problems.
This. There is no need to create anything new when GBT already exists.
In my opinion.
But miners dont want to run full nodes, its better to develop some SPV like
that connects to some nodes.
Also I believe that stratum mining protocol improves some performance
things that GBT lacks.
If a new protocol that requires blocks created by miners is developed and
named in a cool way,
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