Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Maxiride on October 07, 2014, 10:38:49 AM



Title: What if a pool hides the blocks found?
Post by: Maxiride on October 07, 2014, 10:38:49 AM
I recently found this (http://hackingdistributed.com/2013/11/04/bitcoin-is-broken/) article but while searching for more informations I didn't found other comments regard it or if the system is really in danger or not.

Anyone could please enlight me?


Title: Re: What if a pool hides the blocks found?
Post by: doof on October 07, 2014, 11:06:14 AM
Not sure what you mean by "hides".  A pool makes money by broadcasting valid solutions to a block.  By not doing so gives its competitors time to find a valid solution instead.


Title: Re: What if a pool hides the blocks found?
Post by: chennan on October 07, 2014, 11:12:18 AM
I don't think the pools can manipulate the block generation. Once the block is generated,the reward of bitcoin will go to the pool's address and be broadcasted to the whole network. I know one type of scam pool, who never release the reward to miners.