Bitcoin Forum
May 11, 2024, 08:17:25 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Project Idea: Pool Trust Monitoring  (Read 109 times)
d-angel2001 (OP)
Newbie
*
Offline Offline

Activity: 137
Merit: 0


View Profile
April 27, 2018, 07:47:16 AM
 #1

Hello,

I build myself some Ideas how a project could be started to monitor trust of mining-pools. I got scammed myself now (luckily not a very large amount at all) by the mining pool cryptoally.net as their owner seem to be just scamming/frauding the pool-users without paying out.

So I've started to think about how this could be avoided. May be a project could be started that will monitor the pool payout by their payout-adresses traceable in blockchain?

If one nows the average min.payout of the pool and traces the period of payouts given by sender-address in blockchain this could be one possible indicator for trustness.

Another possible tool would be some kind of mediation-tool provided. Pool users could send in complain-reports for f.e. pending/missing payouts which are always public visible. The pool owner will get a notice of this in order to give a statement on this. If there is no response within a given time by the pool owner this could be another negative indicator for trustiness.


Are there more suggestions on such a web project? Is there any interest on such a tool or I am currently the only one thinking this could be a great project for every miner looking for solid trustworthiness of mining-pools?

Any critics or feedback are welcome. I hope each of them with good ideas and improvements, too ;-)
1715415445
Hero Member
*
Offline Offline

Posts: 1715415445

View Profile Personal Message (Offline)

Ignore
1715415445
Reply with quote  #2

1715415445
Report to moderator
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
SFR10
Legendary
*
Offline Offline

Activity: 2996
Merit: 3427


Crypto Swap Exchange


View Profile WWW
April 27, 2018, 05:16:01 PM
 #2

Another possible tool would be some kind of mediation-tool provided. Pool users could send in complain-reports for f.e. pending/missing payouts which are always public visible. The pool owner will get a notice of this in order to give a statement on this. If there is no response within a given time by the pool owner this could be another negative indicator for trustiness.
I prefer this idea over the other one (1st idea), although there's a small issue (some pool owners might respond late) so a few more steps are needed.

Step 1: Pool users report the issue (with links to their payout addresses)
Step 2: Verification stage (to see if they've reached the threshold and also to check the missing payout)
Step 3: Verified reports will be added to the website (with live status updates - either monitored by someone or some sort of automated process) then pool owners, automatically receive an email and etc...

Live status updates:

Red status update = pools having payout issues
Green status update = pools without a payout issue

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!