Greee, still waiting on reward method details - "use cases" don't really allow miners to predict what they should be paid.
Any ETA on the details?
I have describe it here (
https://bitcointalk.org/index.php?topic=112243.msg1253931#msg1253931 )
I have restore the system to old format without this hooping-proof formula... a lot of ppl make noise so i use the prop system without this formula.
I did read that Greee, I just think it's a bit light on details.
1. Miner hashrate reduces to zero: Shares are devalued linearly so that every minute a miner is disconnected 0.1*(original shares) are lost so that after ten minutes the shares have devalued completely. After five minutes only 50% of the shares are left. However, you add:
Lets say miner will come back in 5 minutes , he lost 500 shares and 500 remains so the system will return to him 80% of 500 ( 500+500/80% of 500 )
If you have 1000 shares and you lose 500, surely that's only 50% returned? Unless you're saying that if a miner returns to mine more, more shares will be returned?
If it's the latter case, can you post the parameters? What percentage is returned after how long?
There are 3 cases:
Case 1 >> Lets say user/miner has stop mining.
We check his last share and if 1 minute pass and no new share is submitted we will reduce his current shares by 10% so if he have 1000 shares he will lose 10% every minute and after 10 minutes he will lose all his share.
Case 2 >> User drop down his speed by 90% so he want to cheat Case 1 and he still mining but at very low speed.
ex: from 100 GH to 10 GH = 90% , so we check his speed every 10 minutes at this interval speed can drop and we can read it easy.
IF he drop to 0 from 100 GH "Case 1" take actions.
Here will lose 50% of his shares every time he drop his speed by 90% ( 1000 shares / remains 500 shares , and if he continue dropping slowly after 10 minutes loses another 50% , 500 shares to 250 shares etc.. )
Case 3 >> User come back and start mining in maximum 30 minutes after his last share was submitted ( when Case 1 take action ).
He will get back 80% percent of his lost shares.
Case 1 >> 10 minutes pass he lose all shares so he will get back 80% of 1000 = 800 shares.
Case 1 >> Lets say pass only 7 minutes or lower he already lost 700 shares but he still have 300 shares remaining. So in this case he will get back 300 ( his remaining shares ) + 80% of 700 lost shares ( 700 * 0.8 = 560 shares ) = 300 + 560 = 860 shares will have in total... of 1000 = he lost 140 shares because he not mine 7 minutes.
