Multipool Admin [ARCHIVE] on Nostr: 📅 Original date posted:2015-12-26 📝 Original message:Any attempt to 'fix' this ...
📅 Original date posted:2015-12-26
📝 Original message:Any attempt to 'fix' this problem, would most likely require changes to all
mining software, why not just make mining more decentralized in general?
For example, allow anyone to submit proofs of work to Bitcoind that are
some fraction of the network difficulty and receive payment for them if
they're valid. This would also encourage the proliferation of full nodes
since anyone could solo mine again. Then, the next coinbase transaction
could be split among, say, the top 100 proofs of work.
Eligius already does their miner payouts like this.
If you want to fix an issue with mining, fix the selfish mining issue first
as it's a much larger and more dangerous potential issue.
I don't believe it was ever clearly established whether Eligius suffered a
block withholding attack or was just the victim of a miner with (what was,
at the time) a large amount of faulty hardware, however, from the
Bitcointalk threads at the time I believe it was assumed to be the latter.
--Adam
On Sat, Dec 19, 2015 at 8:44 PM, Peter Todd via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> On Sat, Dec 19, 2015 at 07:43:59PM -0800, Chris Priest via bitcoin-dev
> wrote:
> > Then shouldn't this be something the pool deals with, not the bitcoin
> protocol?
>
> There is no known way for pools - especially ones that allow anonymous
> hashers - to effectively prevent block withholding attacks without
> changing the Bitcoin protocol.
>
> --
> 'peter'[:-1]@petertodd.org
> 00000000000000000188b6321da7feae60d74c7b0becbdab3b1a0bd57f10947d
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
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📝 Original message:Any attempt to 'fix' this problem, would most likely require changes to all
mining software, why not just make mining more decentralized in general?
For example, allow anyone to submit proofs of work to Bitcoind that are
some fraction of the network difficulty and receive payment for them if
they're valid. This would also encourage the proliferation of full nodes
since anyone could solo mine again. Then, the next coinbase transaction
could be split among, say, the top 100 proofs of work.
Eligius already does their miner payouts like this.
If you want to fix an issue with mining, fix the selfish mining issue first
as it's a much larger and more dangerous potential issue.
I don't believe it was ever clearly established whether Eligius suffered a
block withholding attack or was just the victim of a miner with (what was,
at the time) a large amount of faulty hardware, however, from the
Bitcointalk threads at the time I believe it was assumed to be the latter.
--Adam
On Sat, Dec 19, 2015 at 8:44 PM, Peter Todd via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> On Sat, Dec 19, 2015 at 07:43:59PM -0800, Chris Priest via bitcoin-dev
> wrote:
> > Then shouldn't this be something the pool deals with, not the bitcoin
> protocol?
>
> There is no known way for pools - especially ones that allow anonymous
> hashers - to effectively prevent block withholding attacks without
> changing the Bitcoin protocol.
>
> --
> 'peter'[:-1]@petertodd.org
> 00000000000000000188b6321da7feae60d74c7b0becbdab3b1a0bd57f10947d
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
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