dont be so sure riecoin cannot be valuable in the long run and used by mainstream people
i have a question, from research i notice ypool hits almost every block
we have all heard the drama over gigahashio and bitcoin and the stories of block witholding attacks against other pools
can someone tell me how that is not an issue here ?
not only is it one pool it is closed source,
i would not run anything closed source ever, anyone who does should reconsider
yep, you bring up very good points, but:
block witholding hasn't been reported for riecoin, it hasn't been an issue probably because it's an expensive attack.
ypool being closed source is not a problem because
even if the pool's backend is closed, the miners are open source, so no issue there. Even if the backend were open sourced, you can never know what software is the pool running, so in that sense it's ok:
no need for miners to reconsider using their open source mining software. Also, the operators of ypool are very capable and have been honest so far (afaik).
There is open source pool server code but it works using the stratum protocol while the most optimized miners use xpt, so nobody uses stratum pools.
Centralizaction is not good and in fact ypool had some downtime this week and it impacted us by lowering the difficulty a little bit. We haven't deployed a big PR campaing for RIC because of that: we want to have many pools before going forward, and it's been my priority for some time. I diverged from it to release new clients only because there were security fixes for openssl.
tl,dr: it is an issue but not that bad, miners are open source and we are working on the rest.
BTW Gatra, any news after you release 0.9.2? update Thursday here once again!
Today, I worked on my "real life" job during the morning but spent the afternoon adding stratum support to dga's b15 miner. Almost there! There are at least 2 more pools ready to go after this is ready.
cheers!
gatra