other pools require accounts, and fundamenatlly they pay people, not addresses.
ocean pays addresses. doesn't matter who or what is actually mining to them.
other pools require accounts, and fundamenatlly they pay people, not addresses.
ocean pays addresses. doesn't matter who or what is actually mining to them.
ehash sounds cool but I canβt see how you can deal with block withholding attacks in that scheme. Do you agree?
Pay a bonus to the winning share that finds a block. In a PPLNS payout system this changes the cost of a block withholding attack from 50/50 pool/attacker to >50% cost to the attacker. Scale the size of the payout to your liking.
This is preferable to more heavy handed monitoring schemes because it doesn't compromise privacy or require undue protocol complexity.
Doesn't work for FPPS because FPPS sucks. It is dangerous to all of bitcoin and we must stamp it out.
Come see my talk at nostr:nprofile1qqsxhwmaw842y4zzzk580cfke4l5jr6xyh44v3v6pk59dnyzjm2a7vqcd5flv Austin in May to learn more.
> this changes the cost of a block withholding attack from 50/50 pool/attacker to >50% cost to the attacker
This is incorrect, but concise. The cost to block withhold attack a PPLNS pool is exactly in line with the hashrate used to make the attack. In other words if an attacker uses 100 TH/s in a block withholding attack, they cause themselves and the pool an equal amount of damage. All miners lose out on the potential rewards of those 100TH, but so does the attacker. Meanwhile, the pool continues to pay out rewards to the attacker as if that 100TH/s was mining honestly.
If the pool pays an extra 5% to the share that wins a block, now the block withholding attack costs the attacker 5% more and the victims 5% less.
nostr:nprofile1qqsq9k04vahllseell55m74n3047y88pzlr0z5yany32st29fapqmgsppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgawaehxw309ahx7um5wghxy6t5vdhkjmn9wgh8xmmrd9skctc87ckyu I believe y'all could build this today. Something to keep in mind if your luck suddenly takes a dive. 
This is still wrong. What matters is the proportion of attacker hashrate to honest hashrate. In pure PPLNS an attacker forgoes rewards directly porportional to this ratio. By giving the block winning share a greater reward you can put your thumb on the scale.
Thank you for the explanation! I will make sure to check out your talk.
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Respect 2da Ocean Massives! My hash to pointed 2 ya⦠not just for the payout but truly for the principle
IF YOU'RE NOT MINING WITH OCEAN OR RUNNING DATUM, YOU'RE NOT MINING!!!!!!!!!!!!!!
QED!!
this is the way
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Yeah thatβs not really better. There are a ton of trade offs in this UX model. Accounts make operations quite a bit easier if you have more than 5 miners.
So why can i not send you Zaps here on primal i wonder.
You do good.
Luv it!