Bitcoin Forum
June 23, 2024, 07:30:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Pool Reward Functions  (Read 703 times)
Marianna Blt (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
June 01, 2017, 01:49:26 PM
 #1

Hello to everybody
I am a master student from Politecninco di Milano.

I am working on pool reward functions (how to redistribute the reward among miners).

What I am focusing on to is the incentive compatibility property proposed by Okke Schrijvers, Joseph Bonneau, Dan Boneh, and Tim Roughgarden.

In their work they assume that in every moment of the round (time interval between a full solution and another one) every miner knows exactly the total number of submitted shares.

This seems to me really far from reality.

By the way how can miners understand when a round is long or short if they do not have this information?

Thank You all in advance
jonnybravo0311
Legendary
*
Offline Offline

Activity: 1344
Merit: 1023


Mine at Jonny's Pool


View Profile WWW
June 01, 2017, 01:58:37 PM
 #2

Your assumption of that information being far from reality is incorrect.  Virtually every pool provides this.  You, as a miner, know exactly how many shares you've submitted, and how many total shares the pool has hashed towards this round.

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
Marianna Blt (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
June 01, 2017, 02:19:32 PM
 #3

Why this information is still available if it is well known that it encourage pool hopping and other attacks?

Is there any way that prevent miner to know this exact number of total already submitted shares?
VRobb
Hero Member
*****
Offline Offline

Activity: 1610
Merit: 538

I'm in BTC XTC


View Profile
June 01, 2017, 02:35:12 PM
 #4

The search button is your friend.  Learn it, use it, love it.  Then come back and ask some questions that actually mean something.  Tongue

I don't believe in superstition because it's bad luck: 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP), 2x S9 obsolete, 2xS15-28, S17-56, S17-70
Pushing a whopping 1/5 PH!  Oh The SPEED!!!
kano
Legendary
*
Offline Offline

Activity: 4536
Merit: 1847


Linux since 1997 RedHat 4


View Profile
June 01, 2017, 10:16:04 PM
 #5

Why this information is still available if it is well known that it encourage pool hopping and other attacks?

Is there any way that prevent miner to know this exact number of total already submitted shares?
e.g. PPLNS - knowing the numbers provides no information about getting a better or worse payout in the future.

You are probably reading about Prop or some other recent bazaar payouts being used where knowing the information does allow you to game the pool.

Most pools are not stupid enough to use such payout mechanisms.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!