An honest pool op having 50% or 60% or 70% of the hashing power is not an automatic threat to the coin.
It's maybe worse with p2pool than pushpool because of the share chain, but just BEING 51% isn't the same as a 51% attack.
For those who don't understand the problems of the short block times, let me say this:
A blockchain with block times less than the time for data to propagate to EVERY NODE encourages orphans. And many orphan blocks in a region (this is not necessarily physical but network topology) are likely to start an orphan chain.
Any currency with block times less than the time it takes for someone using a 1mbps DSL in america to sync with someone mining on a weak satelite connection or something in africa is asking for these problem. Granted that's an extreme condition but not everyone in the world can download a megabit in under 15 seconds.
In truth, those big miners going solo would be more damaging to worldcoin than pool mining. The pools are minimizing and centralizing nodes for a blockchain with severe propagation issues.
Topic: Big Hashes in Little Pools *cough*WDC*cough* (Read 881 times)
Well.. What do you think? Crowd Control on the pools or what? Given the recent events in the land of worldcoin, I cant help but think that this pool and this much hashrate seems to be causing the network to fork, I can't help but wonder if the pool owner could have taken some action to protect the new coin. Look for yourself and tell me what you think.
http://www.worldcoinpool.com
Top 15 Hashrates
Rank User Name KH/s WDC/Day (est)
1 Freedom * 42,868 5,031.227
2 karambit 27,924 3,277.316
3 leecher 19,194 2,252.715
4 duster 10,977 1,288.322
5 sathackr 10,843 1,272.595
It seems to me that users with this much hashpower should be solo mining for the good of themselves and everyone else in the community, let alone the existence of the coin itself.
http://www.worldcoinpool.com
Top 15 Hashrates
Rank User Name KH/s WDC/Day (est)
1 Freedom * 42,868 5,031.227
2 karambit 27,924 3,277.316
3 leecher 19,194 2,252.715
4 duster 10,977 1,288.322
5 sathackr 10,843 1,272.595
It seems to me that users with this much hashpower should be solo mining for the good of themselves and everyone else in the community, let alone the existence of the coin itself.
well yes i agree, however it is the pool operator that need to be responsible. This pool has be brough up a few times actually lately. Who operates this pool on here?
Big Vern operates the pool and I actually quite enjoy his pools. They are fair and payout correctly, etc. I dont think he wanted this situation to occur, and I am also not fully in understanding of what exactly happens in this scenario where one pool takes the cake on network share. ie what exactly is happening with wdc and others?
edit:typo
Where is BCX when you need him? 
Well.. What do you think? Crowd Control on the pools or what? Given the recent events in the land of worldcoin, I cant help but think that this pool and this much hashrate seems to be causing the network to fork, I can't help but wonder if the pool owner could have taken some action to protect the new coin. Look for yourself and tell me what you think.
http://www.worldcoinpool.com
Top 15 Hashrates
Rank User Name KH/s WDC/Day (est)
1 Freedom * 42,868 5,031.227
2 karambit 27,924 3,277.316
3 leecher 19,194 2,252.715
4 duster 10,977 1,288.322
5 sathackr 10,843 1,272.595
It seems to me that users with this much hashpower should be solo mining for the good of themselves and everyone else in the community, let alone the existence of the coin itself.
http://www.worldcoinpool.com
Top 15 Hashrates
Rank User Name KH/s WDC/Day (est)
1 Freedom * 42,868 5,031.227
2 karambit 27,924 3,277.316
3 leecher 19,194 2,252.715
4 duster 10,977 1,288.322
5 sathackr 10,843 1,272.595
It seems to me that users with this much hashpower should be solo mining for the good of themselves and everyone else in the community, let alone the existence of the coin itself.
well yes i agree, however it is the pool operator that need to be responsible. This pool has be brough up a few times actually lately. Who operates this pool on here?
It seems to me that users with this much hashpower should be solo mining for the good of themselves and everyone else in the community, let alone the existence of the coin itself.
nothing more fucking aggrivating than coming home and seeing that you have 2x more R:'s on cgminer than A's. meaning you lost 66% of your hashing power for nothing
only reason i see to solo mine is when no pools exist, i.e. when a coin launches
since that is just a rush to MINE MINE MINE ASAP
edited:
WDC,SMC,NBC,DGC and all other ultra fast block chains will keep orphaning huge branches and forking by design.
WDC,SMC,NBC,DGC and all other ultra fast block chains will keep orphaning huge branches and forking by design.
Well.. What do you think? Crowd Control on the pools or what? Given the recent events in the land of worldcoin, I cant help but think that this pool and this much hashrate seems to be causing the network to fork, I can't help but wonder if the pool owner could have taken some action to protect the new coin. Look for yourself and tell me what you think.
http://www.worldcoinpool.com
Top 15 Hashrates
Rank User Name KH/s WDC/Day (est)
1 Freedom * 42,868 5,031.227
2 karambit 27,924 3,277.316
3 leecher 19,194 2,252.715
4 duster 10,977 1,288.322
5 sathackr 10,843 1,272.595
It seems to me that users with this much hashpower should be solo mining for the good of themselves and everyone else in the community, let alone the existence of the coin itself.
http://www.worldcoinpool.com
Top 15 Hashrates
Rank User Name KH/s WDC/Day (est)
1 Freedom * 42,868 5,031.227
2 karambit 27,924 3,277.316
3 leecher 19,194 2,252.715
4 duster 10,977 1,288.322
5 sathackr 10,843 1,272.595
It seems to me that users with this much hashpower should be solo mining for the good of themselves and everyone else in the community, let alone the existence of the coin itself.
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