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Author Topic: ==== Eligius, please pay my 200+ BTC ====  (Read 12598 times)
NewLiberty
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August 02, 2014, 05:45:35 PM
 #181

He tried something, he got caught,now he owes 400 BTC and is trying to refocus the discussion away from that fact.
QFT

Sure he does. He could even 51% attack p2pool to get up to ~200% PPS (at the expense of everyone else).

Could you please explain a 51% p2pool attack in more detail? I mean, lot of people believe, that p2pool is the most decentralized mining option available, and you state, that a 51% attack could be done to p2pool?

An "obvious" one would be making it so nodes ignore a forked chain more than 'X' shares deep, if it all pays out to the same address (indicating somebody forked from the chain to build a longer one that only pays themselves), though all that you'd have to do to combat that is cycle through addresses when making your fork.

In other words, p2pool users would be mining a block which pays almost the entire reward to the attacker, even though they've only done 51% of the actual work.

The difference is a 51% attack on the p2pool chain would be immediately obvious to all miners monitoring it - p2pool finds a block, but no payment is made since the attacker has substituted their own btc addresses into the sharechain, instead of the legitimate miners.

In this event, I imagine miners would just jump ship, if a better solution isn't implemented by then. Until then, though, it still has its advantages.

The "obvious" defense is too easily countered by new addresses for each block.  Addresses are zero cost.

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railzand
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August 02, 2014, 06:08:25 PM
 #182

Did Eligius ever hand out the 200btc to its miners?

crashoveride54902
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August 02, 2014, 06:18:41 PM
 #183

Did Eligius ever hand out the 200btc to its miners?

not to this scammer fuck Tongue and it was just 1 miner Smiley

Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks Sad
Luke-Jr
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August 02, 2014, 06:26:24 PM
 #184

Did Eligius ever hand out the 200btc to its miners?
not to this scammer fuck Tongue and it was just 1 miner Smiley
crashoveride54902 means the 200 BTC we recovered.

Answer is not yet, since it will take quite a bit of code to do still Sad

crashoveride54902
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August 02, 2014, 06:38:15 PM
 #185

Did Eligius ever hand out the 200btc to its miners?
not to this scammer fuck Tongue and it was just 1 miner Smiley
crashoveride54902 means the 200 BTC we recovered.

Answer is not yet, since it will take quite a bit of code to do still Sad

oh ya duh my bad...been a long week Grin

Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks Sad
Gleb Gamow
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September 26, 2014, 07:17:27 PM
 #186

I'm just a little curious about the 'bad' luck and the fact that Eligius has in credit over 1800BTC
If they've been losing blocks (>400BTC) that would make them over 2200BTC in credit if they got those 'missing' blocks.

+1800BTC doesn't sound like bad luck ... though I could be wrong Smiley

https://blockchain.info/address/18d3HV2bm94UyY4a9DrPfoZ17sXuiDQq2B >477.12965068
https://blockchain.info/address/1ChANGeATMH8dFnj39wGTjfjudUtLspzXr >237.98484501
https://blockchain.info/address/14qgRxmyWwRweGY4mfjB5FRxr3Ak8Weu1w 1000 BTC
https://blockchain.info/address/1BRoZJLeLaR9T4PP2m1FJ5isqgQmhzMKBn 99.999 BTC

... I wonder what other addresses Eligius has ...

Add this one to the list: https://blockchain.info/address/1TrHirgxnRsWJ9aTgh9XZJfsD1W9bFvop
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