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It's not about need. If it is profitable to mine, professional miners will exist. You can't create an incentive structure and then call it a "bug" when somebo
by ycombobreaker 9y ago
It's not about need. If it is profitable to mine, professional miners will exist. You can't create an incentive structure and then call it a "bug" when somebody optimizes for it.
- mirimir 9y agoSo you can create a disincentive for non-user mining. What would be the downside? This is supposed to be a distributed system.
- AlexCoventry 9y agoWhat kind of discouragement do you have in mind?
- mirimir 9y agoOne could limit share of hash power. Perhaps by IP address. Or through blockchain links to previously-solved blocks. The Tor Network, for example, has mechanisms for excluding bad participants. There's the bad exit flag, for relays that snoop traffic. Relays that harvest onion hostnames get banned. So do relays that attempt traffic analysis. There's even a policy of discouraging new relays in commonly-used AS. There's no exclusion mechanism. But I don't see why there couldn't be, if there were too much concentration. Edit: See https://trac.torproject.org/projects/tor/wiki/doc/ReportingBadRelays https://trac.torproject.org/projects/tor/wiki/doc/ReportingB...