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Trying to defend the mining from ASICs makes somewhat sense keeping in mind recent news. Monero could really gain momentum (more, than they have by now) by beco
by dna_polymerase 9y ago
Trying to defend the mining from ASICs makes somewhat sense keeping in mind recent news. Monero could really gain momentum (more, than they have by now) by becoming the alternative to online advertising by being the coin to be mined in Browsers around the world.
Salon.com already tried it, and if it works out for them, it could become a pretty great alternative to ads. It would also change the dynamics of online content, as page-reloads would mean a dip in hashing power.
- Matt3o12_ 9y agohttp://coinhive.com/ http://coinhive.com/ also offers this but users do not seem to like it. They offer two miners, one which only operates with users consent and another one without explicit consent. Either one seem to have been banned by my ad blocker, although the one which requires consent has a not which clearly states that it should not be in any filter because they user wanted to run the script and it might break the website. They even have a pretty cool usecase for it too: to have x amount of hashes as a captcha replacement, with a nice UI and such (you can find it by click on login at their page & disabling your ad blocker). Unfortunately, it does not work really well for many of my use cases. When I'm on my phone it is fairly slow. When I'm on an old phone (iPhone 5 and 5s, for instance), it is so slow that many users would just close the page because they believe it is broken but it probably is a decent defense against brute force attacks because it still requires quite a bit of work to try a login.
- duskwuff 9y agoThe biggest problem I see with Coinhive is that they've systematically failed to prevent malicious uses of their service. The Coinhive script is frequently injected into compromised web sites, or into all web sites by locally installed malware, and Coinhive's payout scheme -- fully automated payouts every two hours -- makes it very easy for a malicious user to "get away" with their profits. (Coinhive claim to disable accounts associated with abuse, but even if they do that promptly, the lack of any meaningful holding period means that abuse can still be quite profitable.)