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Author Topic: Project Idea: Pool Trust Monitoring  (Read 35 times)
d-angel2001
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April 27, 2018, 07:47:16 AM
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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 ;-)
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April 27, 2018, 05:16:01 PM
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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

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