3 ms·
That's not the kind of restriction that stops pool mining. The trick is to enable the pool members to steal the blocks they discover. Andrew Miller, a grad stud
by emin-gun-sirer 12y ago
That's not the kind of restriction that stops pool mining. The trick is to enable the pool members to steal the blocks they discover. Andrew Miller, a grad student at UMD, has an ingenious scheme for doing this. I am pretty sure I put the link in the article, under the first bullet in the "What to Do Now" section.
- Peaker 12y agoWouldn't pool participants that use this extension to steal rewards be exposed to the pool simply due to their work being consistently challenged and thus lost? i.e: The pool would notice that certain participants contributions are conflicting with other discoveries, and ban such participants?
- Tuna-Fish 12y ago> The pool would notice that certain participants contributions are conflicting with other discoveries, and ban such participants? How? Or, you ban me, I sign up again under a different alias.
- gus_massa 12y agoThe pool can use a 2% fee for old accounts and a 20% fee for new accounts (for example, with less than 1 month or less than 10^x hashes calculated.)
- eric_bullington 12y agoAnd so few new miners would sign up. Which would be good.
- marcosdumay 12y agoBut, you see, the attacker isn't mining anything of value under the pool, thus the pool has nothing to apply the fee over.
- Tuna-Fish 12y agoFees cost almost nothing to hostile miners. With a 20% fee, they get 100% of their hashrate through the theft, and 80% from the pool. So long as you pay anything at all to new miners doing this attack is beneficial.