Bitcoin Forum
December 08, 2016, 04:21:55 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: How should Eligius reward miners?
Pay Per Last N Shares; N=Diff*2 - 27 (26.2%)
Equalized Shared Maximum Pay Per Share - 23 (22.3%)
Proportional / Pay Per Share (this is NOT straight Prop or PPS) - 30 (29.1%)
Capped Pay Per Share with Backpay - 13 (12.6%)
Capped Pay Per Share with Equalized Backpay - 10 (9.7%)
Total Voters: 65

Pages: « 1 2 [3]  All
  Print  
Author Topic: Eligius: Reward method POLL: 2011 August  (Read 5484 times)
Sukrim
Legendary
*
Offline Offline

Activity: 1848


View Profile
August 03, 2011, 08:56:32 PM
 #41

PPLLNS might still be quite hoppable on difficulty borders, as the last [difficulty] shares are still quite long in the pool of last shares (it might however be ok, since they should be worth more anyways) - I'd suggest having PPLNS with share scoring as suggested by Meni:

  • N = the multiplier to global_difficulty (for example 2 or Cool
  • Record global difficulty for each share.
  • Each share gets a score of 1/global_difficulty
  • On payouts: Pay the most recent shares whose sum of scores <= N relative to their normalized score (so if N = 5 and the score is 1/10 --> 1/50th of a block payout, meaning currently 1 BTC)


https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!