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Topic: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair - page 23. (Read 112487 times)

hero member
Activity: 770
Merit: 605
any 5888 block found?

Supposebly a pool did but not sure

Yes can't even find a block browser.
member
Activity: 112
Merit: 10
any 5888 block found?

Supposebly a pool did but not sure
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
any 5888 block found?
hero member
Activity: 770
Merit: 605
Is there a good block browser for Luckycoin? the one listed in the front page not working.
full member
Activity: 201
Merit: 105
Anybody hit a 5888 block yet?

some pool was, i get 19from pool for thet block
hero member
Activity: 770
Merit: 605
Hope I will hit it soon  Grin
member
Activity: 112
Merit: 10
Anybody hit a 5888 block yet?
sr. member
Activity: 476
Merit: 250
{
    "blocks" : 5016,
    "currentblocksize" : 0,
    "currentblocktx" : 0,
    "difficulty" : 2.51047054,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 139925020,
    "pooledtx" : 0,
    "testnet" : false
}
sr. member
Activity: 476
Merit: 250
Yes and diff at 2.5 now, great to do some solo mining!
yes pool mining gets a high return rate too..
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
Yes and diff at 2.5 now, great to do some solo mining!
member
Activity: 112
Merit: 10
Cryptsy accepts coins in a week now, so more coins for me until then haha
member
Activity: 81
Merit: 1002
It was only the wind.
Are you brain damaged?

No, but my understanding of pool mechanics is probably higher than yours.

Quote
1. Pool mines a block.

And if that block is lucky, operator does not award anything and continues on as if the pool has not mined a block. The incentive to do this with a lucky block is incredibly high because the odds of being found out when only doing this on a rare occasion are low. Unless pool systems have advanced to where each miner now has a piece of proof in the block, like p2pool. If they have not and still operate under the same conditions as pools have in the past, then a pool operator can get away with a huge payout with his worker bees none the wiser. But I don't keep up with pool technology because I couldn't care less about it, so it is possible that pools operate differently nowadays. So I raised the question as to whether or not this vulnerability with pools has been fixed, because luckycoin makes it very ripe for the exploitation if not.

And the guy who mined that block goes to the pool op and is like, "dawg, where's mah block?" And if the operator doesn't have a good answer, then it gets labeled a scammy pool.
sr. member
Activity: 476
Merit: 250
So, When Cryptsy\Btert\mcxNOX\...  add LKY ?  Undecided
Hopefully soon...

yes support LKY go to an exchange!
hero member
Activity: 770
Merit: 605
So, When Cryptsy\Btert\mcxNOX\...  add LKY ?  Undecided
Hopefully soon...
sr. member
Activity: 826
Merit: 302
So, When Cryptsy\Btert\mcxNOX\...  add LKY ?  Undecided
newbie
Activity: 18
Merit: 0
No, this pool is very good because you can the rewards of each block.

http://www.luckycoinpool.com/blocksAuth
hero member
Activity: 770
Merit: 605
Only p2pool you see clearly how the payout is done. Other pools you can only take a guess.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
diff drop below 3, time to try some solo mining...
member
Activity: 81
Merit: 1002
It was only the wind.
Try reading what I said again. You can verify the amount of LKY minted with each block in the block chain explorer. How is that difficult to understand?

How does this prove that a pool mined a lucky block and did not tell anyone?

Are you brain damaged?

1. Pool mines a block.
2. You look up said block number to find out how much LKY was generated.
3. You compare that to what you got, taking into account how much of the block you should have gotten.
hero member
Activity: 798
Merit: 1000
look at this p2pool
http://p2p.sytes.net:19335/static/

it publishes what is the block size and who gets what, no confusions there.

Again, that is p2pool, and since everybody still isn't using p2pools for whatever reasons, there must be some benefit to not using p2pool.


Etlase2 I see what you are saying, but it just wouldn't work. When you're mining for a normal pool, you're trying to mint a block with the pool operators wallet address,

http://bitcoin.stackexchange.com/questions/10687/what-prevents-a-pool-miner-from-stealing-an-entire-block?lq=1

See the first answer. "To sum up - a miner does not know the coinbase transaction, nor can it change the block without invalidating it."

The miner who finds the winning hash will know that he found it, but he has no way of proving that the pool did anything malicious, and it could be considered fud.

Quote
Secondly, this could happen with ANY coin. In fact, one would think a LTC or BTC pool operator would be more inclined to do so as a published block is worth $150 and $3250 respectively.

Yes it can, but as I have stated twice now, the incentive is significantly higher to do this only for a lucky block.
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