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Author Topic: Core needs to prepare a GPU only PoW - Spondoolies CEO Guy Corem  (Read 3400 times)
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Jet Cash
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February 04, 2016, 04:43:30 PM
Last edit: February 04, 2016, 04:55:06 PM by Jet Cash
 #41



What will happen to Bitcoin? Well imho, it depends on the direction that the full nodes take. There is no point in mining blocks that will get chucked out by the consumers. Also, I haven't seen any comments on the block hijacking that seems to go on between miners. If a block is rejected by the nodes, will another miner be able to grab it, re-populate it, and submite to the core chain? I don't know enough about mining to know if that is feasible or likely, but it does seem as if opportunistic miners could benefit by staying with the core fork.

What block hijacking? If a miner changes something in a block,
he will have to compute a new proof-of-work.

I'm trying to find the discussion about this. It seems that a couple of miners are monitoring activity to see if a block has been partially completed, and then jumping in with a partially populated block to grab the reward before the finder can complete. Now I'm posting this from memory, and I don't understand the stages that miners go through to prove their blocks. Also, I gather that it's only careless miners that leave themselves open to this. If anybody recvognises this description, I'd be grateful for some keywords, so that I can find the article again.

I'm struggling to find this. I wonder if it was something in the discussions about "selfish mining"?

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February 04, 2016, 05:19:32 PM
 #42


I'm trying to find the discussion about this. It seems that a couple of miners are monitoring activity to see if a block has been partially completed, and then jumping in with a partially populated block to grab the reward before the finder can complete. Now I'm posting this from memory, and I don't understand the stages that miners go through to prove their blocks. Also, I gather that it's only careless miners that leave themselves open to this. If anybody recvognises this description, I'd be grateful for some keywords, so that I can find the article again.

I'm struggling to find this. I wonder if it was something in the discussions about "selfish mining"?

If you mean by partially completed block a one that has not been broadcast,
then that is impossible.. and no miner would broadcast a block that fails to meet
the PoW target.

There is a scenario where a miner can take a valid, broadcast block, stuff in it
some new transactions and start to mine on it, and if he succeeds, he effectively
"hijacks" the reward plus some extra fees. I don't know if that actually occurs, but it could
be seen as a variant of selfish mining (where a miner finds a valid block but does not
broadcast it, instead starts to mine on top of it)

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February 04, 2016, 05:40:51 PM
 #43

Ah thanks! It was something like that. I'll keep an eye open, and see if it turns up again, It was reported that some miners were scanning activity to detect a vulnerability, and had succeeded a couple of times. Presumably miners will be aware of it, and take suitable precautions. Sorry to be a bit vague, but once again I'm out of my depth (but learning to swim). Smiley

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