CartmanSPC
Legendary
 Offline
Activity: 1270
Merit: 1000
|
 |
June 13, 2013, 06:34:47 PM |
|
Is there a large benefit to pplns in general with such a fast coin?
I posted this earlier but here it is again: - Transaction Fees given to Miners as a REWARD
- Instant payout when a block is found
- No coins stored on pool server (dependent on pool operators configuration)
- Maintain your PPLNS level switching between connected p2pools
- No account registration or passwords to remember
Added to that list that it is much harder for the pool operator to cheat miners. Also, - No single point of failure in the pool (when p2pools are connected)
- There are small statistical advantages increasing income vs traditional pools
Read more here: https://bitcointalk.org/index.php?topic=153232.0;all |
|
|
|
|
|
|
|
|
|
|
|
|
I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
nearmiss
|
|
June 13, 2013, 06:42:21 PM |
|
your talking about potential benefits of p2pool in general. I'm just taking about using PPLNS as a payout strategy, for a coin that has a target rate of blocks every 20 seconds.
Edit: and in reply to the generic p2pool points, none of them seem all that beneficial aside from "No single point of failure in the pool (when p2pools are connected)". That one is pretty great. The rest are debatable/marginal at best, but to each their own. Everyone has their own preferences.
|
Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC |
|
|
baritus (OP)
Legendary
Offline
Activity: 966
Merit: 1052
|
|
June 13, 2013, 06:43:32 PM
Last edit: June 13, 2013, 10:06:32 PM by baritus |
|
P2pool* does have the disadvantage of causing bloated sized wallets which result in high transaction fees.
|
Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
|
|
|
CartmanSPC
Legendary
Offline
Activity: 1270
Merit: 1000
|
|
June 13, 2013, 06:47:23 PM
Last edit: June 13, 2013, 08:11:49 PM by CartmanSPC |
|
PPLNS does have the disadvantage of causing bloated sized wallets which result in high transaction fees.
I think you mean p2pools not PPLNS. There are ways to deal with the micro payments to where you don't have to pay any (or little) transaction fees. I was just reading about it yesterday on the litecoin forum from that high profile developer they brought on board to work on litecoin. The same developer is working with p2pool code. Same dev who helped sort out the stratum code issues other pools had. Let me know if you cant find the link and I'll search for it. |
|
|
|
|
erundook
|
|
June 13, 2013, 07:12:05 PM |
|
PPLNS does have the disadvantage of causing bloated sized wallets which result in high transaction fees.
sorry what? that isn't true. that's what p2pools do - a ton of micro transactions. PPS & PPLNS don't have anything to do with micro transactions unless you have an automatic withdrawal set to like 0.5-1 coins which is a bad decision anyway. |
|
|
|
|
nearmiss
|
|
June 13, 2013, 07:16:27 PM |
|
PPLNS does have the disadvantage of causing bloated sized wallets which result in high transaction fees.
sorry what? that isn't true. that's what p2pools do - a ton of micro transactions. PPS & PPLNS don't have anything to do with micro transactions unless you have an automatic withdrawal set to like 0.5-1 coins which is a bad decision anyway. Agreed! That aside, is PPLNS just chosen because its generally the default of the software thats out there, or do miners/pool ops still see a benefit in it for these fast generated coins? |
Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC |
|
|
|
erundook
|
|
June 13, 2013, 10:03:20 PM |
|
PPLNS does have the disadvantage of causing bloated sized wallets which result in high transaction fees.
sorry what? that isn't true. that's what p2pools do - a ton of micro transactions. PPS & PPLNS don't have anything to do with micro transactions unless you have an automatic withdrawal set to like 0.5-1 coins which is a bad decision anyway. Agreed! That aside, is PPLNS just chosen because its generally the default of the software thats out there, or do miners/pool ops still see a benefit in it for these fast generated coins? sure they do! imagine a fast round of like 50-100 shares. slow miners will get nothing for that in proportional scheme. but with pplns, they'll constantly have a fair reward no matter how fast a block was solved. |
|
|
|
baritus (OP)
Legendary
Offline
Activity: 966
Merit: 1052
|
|
June 13, 2013, 10:06:03 PM |
|
Typo/sleep deprivation.. That was supposed to be P2pool not PPLNS.  |
Digitalcoin - Sha256, Scrypt, x11 Mining - Multi-algorithm & One Click Masternodes - Founded in 2013
|
|
|
Lloydimiller4
Full Member
Offline
Activity: 186
Merit: 100
Monero
|
|
June 13, 2013, 11:24:23 PM |
|
Status: 0/unconfirmed, broadcast through 5 nodes Date: 6/13/2013 19:25 To: DGC Dev Fund DHgXvhswV9j3t9VTKu1QfAu6kYM1HHD5sJ Debit: -250.00 DGC Net amount: -250.00 DGC Transaction ID: 058846d8538ebae91c531d3a277d8f2366ea0549ada64a1dd16c8192a697a515 250 to the Dev fund from me  |
XMR: 43uAvbYL7z9NrKQig2DswM69XaeDug1Rf8v4Un1ndssb2To51Vojz2uZ21jFumWsCcgvqZ9hPuE3fEr xKoGCkHU8CzqHFiS
|
|
|
techbytes
Legendary
Offline
Activity: 1694
Merit: 1054
Point. Click. Blockchain
|
|
June 14, 2013, 02:04:02 AM |
|
Status: 0/unconfirmed, broadcast through 5 nodes Date: 6/13/2013 19:25 To: DGC Dev Fund DHgXvhswV9j3t9VTKu1QfAu6kYM1HHD5sJ Debit: -250.00 DGC Net amount: -250.00 DGC Transaction ID: 058846d8538ebae91c531d3a277d8f2366ea0549ada64a1dd16c8192a697a515 250 to the Dev fund from me Excellent! Thank you for your support. I matched 100 DGC to your contribution. Wiki updated http://www.dgcwiki.com/index.php?title=Project_Contributors#Round_3I'm still matching if you're contributing. -tb- |
|
|
|
|
|
|
r32godzilla
|
|
June 14, 2013, 06:19:34 AM |
|
i think Digital Coin has earned its own subforum. what you think?
Yep I'd second that. Proof is in the length of this thread for a start lol |
|
|
|
mm8000
Newbie
Offline
Activity: 42
Merit: 0
|
|
June 14, 2013, 06:54:16 AM |
|
http://next.afraid.org:8119 Who is looking for an awesome pool? We need to pump some life into this pool. The hashrate has really dropped. (I don't own this pool. Just recommending it)
|
|
|
|
|
|
nesic1
|
|
June 14, 2013, 08:14:42 AM |
|
topic is too big to read all, was there a client change or should i just download client from the first page?
|
|
|
|
|
|
r3wt
|
|
June 14, 2013, 08:26:55 AM |
|
topic is too big to read all, was there a client change or should i just download client from the first page?
just dl from the first page. this coin is solid, no need for an update yet |
My negative trust rating is reflective of a personal vendetta by someone on default trust.
|
|
|
|
nesic1
|
|
June 14, 2013, 08:29:20 AM |
|
ok, thanks for the fast reply
where can i find in how much time diff change?
|
|
|
|
|
|
erundook
|
|
June 14, 2013, 09:12:31 AM |
|
ok, thanks for the fast reply
where can i find in how much time diff change?
try checking ticker at https://dgc.epools.org |
|
|
|
oneway
Member
Offline
Activity: 83
Merit: 10
|
|
June 14, 2013, 09:27:04 AM |
|
http://next.afraid.org:8119 Who is looking for an awesome pool? We need to pump some life into this pool. The hashrate has really dropped. (I don't own this pool. Just recommending it) I use this pool too when, when I want mining DGC. It works great, the PLLNS windows, is well defined. |
|
|
|
|
pinarello
Full Member
Offline
Activity: 266
Merit: 100
NXT is the future
|
|
June 14, 2013, 10:20:00 AM |
|
that output is normal.
|
|
|
|
techbytes
Legendary
Offline
Activity: 1694
Merit: 1054
Point. Click. Blockchain
|
|
June 14, 2013, 12:20:28 PM |
|
Wiki updated. Any other info you want added, let me know. -tb- |
|
|
|
|
