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myself
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July 05, 2011, 07:36:37 PM |
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now that all the damn pools get DDoS what about experimenting whit this ? I2P is faster that TOR afaik, does anyone want to make a test for this ??
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Boing7898
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July 05, 2011, 08:14:05 PM |
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Switch to smaller pools and the problem is solved.
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geek-trader
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July 05, 2011, 08:44:56 PM |
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Switch to smaller pools and the problem is solved.
more, smaller pools = more robust bitcoin |
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Caesium
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July 05, 2011, 08:47:18 PM |
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Exactly why I just started one up - if anyone apart from my friends would chuffin' use it - hint :p
Thread in this forum if you're interested, I won't spam it.
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Graet
VIP
Legendary
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Activity: 980
Merit: 1001
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July 05, 2011, 09:47:14 PM |
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yer i started a pool a month ago, cracked Top 10 two days ago  |
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CubedRoot
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July 06, 2011, 12:24:43 AM |
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More smaller pools are the answer to getting rid of DDoS. A friend of mine and I have started one ourselves. Heres my shameless plug for it: http://forum.bitcoin.org/index.php?topic=26370.0If anyone finds that offensive or out of place, let me know, and I will remove this post. Although, I will discuss I2P with my partner for our pool. |
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AnnihilaT
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July 06, 2011, 12:34:15 AM |
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hehe... since everyone is mentioning their new small pools..... see sig first 25 users to join me get 0% fees for life. |
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CubedRoot
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July 06, 2011, 12:43:23 AM |
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I like to see all these small pools popping up. The more smaller pools there are, the more secure the currency is. Im sure we all remember the Deepbit scare of 2011 right? hahaha.
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1bitc0inplz
Member
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Activity: 112
Merit: 10
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July 06, 2011, 12:47:10 AM |
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I like to see all these small pools popping up. The more smaller pools there are, the more secure the currency is. Im sure we all remember the Deepbit scare of 2011 right? hahaha.
Thanks, us small pool operators appreciate the kind words. |
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ZombieDeity
Member
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Activity: 84
Merit: 10
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July 06, 2011, 03:35:44 AM |
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yer i started a pool a month ago, cracked Top 10 two days ago Congrats... but personally, I want the pool I mine with to stay out of the Top 10 and out of all the pool lists that come built into mining software. It's like a target on their back. Pool hopping botnet operators point their swarms at all these pop-pools. When they get banned, they throw a fit and DDoS everyone. |
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1bitc0inplz
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Activity: 112
Merit: 10
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July 06, 2011, 03:49:40 AM |
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yer i started a pool a month ago, cracked Top 10 two days ago Congrats... but personally, I want the pool I mine with to stay out of the Top 10 and out of all the pool lists that come built into mining software. It's like a target on their back. Pool hopping botnet operators point their swarms at all these pop-pools. When they get banned, they throw a fit and DDoS everyone. Then you'd like what I have to offer  |
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ZombieDeity
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Merit: 10
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July 06, 2011, 04:05:39 AM |
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Then you'd like what I have to offer I might. The front page of your site should describe what systems you use (LP?, PPS/Prop./Score?, fees?, features, stats, security, etc.). I tend to prefer fee-free pools (to which I donate about 0.5% anyway). LP is a must, and so is very transparent reporting on individual and pool stats. Whatcha got? |
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1bitc0inplz
Member
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Activity: 112
Merit: 10
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July 06, 2011, 04:15:25 AM |
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Then you'd like what I have to offer I might. The front page of your site should describe what systems you use (LP?, PPS/Prop./Score?, fees?, features, stats, security, etc.). I tend to prefer fee-free pools (to which I donate about 0.5% anyway). LP is a must, and so is very transparent reporting on individual and pool stats. Whatcha got? Sorry, our homepage is a little lacking on that info. The forum link in my signature will explain all the details you're looking for. However, the short of it is: We are fee free, but "tips" are welcome We have LP, SSL, a JSON-API And, best of all, we have the lowest stale rate of any other pool  We use a proportional payout system. Reporting is an area we can still do some work in, but our leaderboard for the current round should allow you to see where all the shares for a round are going. If you see something we're lacking do let me know, we're always looking for areas to improve upon. |
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ZombieDeity
Member
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Activity: 84
Merit: 10
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July 06, 2011, 04:21:55 AM |
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Sorry, our homepage is a little lacking on that info. The forum link in my signature will explain all the details you're looking for. However, the short of it is: We are fee free, but "tips" are welcome We have LP, SSL, a JSON-API And, best of all, we have the lowest stale rate of any other pool We use a proportional payout system. Reporting is an area we can still do some work in, but our leaderboard for the current round should allow you to see where all the shares for a round are going. If you see something we're lacking do let me know, we're always looking for areas to improve upon. Cool, thanks for the info. I'll definitely consider that when I get tired of my current pool. Tends to happen to me every couple of days. |
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casascius
Mike Caldwell
VIP
Legendary
Offline
Activity: 1386
Merit: 1136
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
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July 06, 2011, 04:23:05 AM |
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Was thinking.... someone who gets more than 50% of the hashing power doesn't just gain the theoretical ability to double spend.
They end up with the practical ability to unfairly get 100% of the mining rewards and shut all other miners and pools out, simply by ignoring and replacing any block they didn't create. In other words, monopolizing the block chain. They can go straight from 51% to 100% just by changing one line of code. Because everyone else's mining essentially disappears like it's not happening, someone with >50% who is able to sustain that for weeks can also singlehandedly lower the mining difficulty as well, for their own benefit, so the mining difficulty is based strictly on their production.
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Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable. I never believe them. If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins. I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion. Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice. Don't keep coins online. Use paper or hardware wallets instead.
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ZombieDeity
Member
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Activity: 84
Merit: 10
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July 06, 2011, 04:31:29 AM |
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Was thinking.... someone who gets more than 50% of the hashing power doesn't just gain the theoretical ability to double spend.
They end up with the practical ability to unfairly get 100% of the mining rewards and shut all other miners and pools out, simply by ignoring and replacing any block they didn't create. In other words, monopolizing the block chain. They can go straight from 51% to 100% just by changing one line of code. Because everyone else's mining essentially disappears like it's not happening, someone with >50% who is able to sustain that for weeks can also singlehandedly lower the mining difficulty as well, for their own benefit, so the mining difficulty is based strictly on their production.
Yep. |
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