[2014-03-18] Directpool.net Launches Bitcoin Mining Pool that Gives Back

[AJMiles]

Congrats to www.DirectPool.net for getting its first notable press release published:
Source: http://www.prweb.com/releases/2014/03/prweb11673873.htm

Main thread: https://bitcointalk.org/index.php?topic=472122
Review DP & GridSeeds ASICS Miners Guide: http://bitcoinfeeds.com/directpool-net-bitcoin-mining-review/

SPOILER ALERT
http://bitcoinfeeds.com/wp-content/uploads/2014/03/directpool-press-release.png

Source: http://www.prweb.com/releases/2014/03/prweb11673873.htm

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[AJMiles]

http://finance.yahoo.com/news/directpool-net-launches-next-generation-070607636.html
http://www.9and10news.com/story/25001769/directpoolnet-launches-next-generation-bitcoin-mining-pool-that-gives-back
http://au.finance.yahoo.com/news/directpool-net-launches-next-generation-070607636.html

[LiteCoinGuy]

sounds cool, i wish the best!

[dubouis]

a pool reaching the 51% network hashpower? That's great!

[Delarock]

I came across an article on CoinDesk about this with the title "DirectPool Aims To Prevent 51% Attack with Community-First Mining Pool Approach." I have also read the "spoiler" above.

I need someone to explain exactly how DirectPool aims to prevent a 51% attack on the network. More specifically, what is different about DirectPool that would mitigate the risk of a 51% attack on the network?

Additionally, I am having a lot of trouble comprehending the "Community-First" aspect.

As it stands, all I see is another pool to point your miners at. I fail to see any sort of value add. Quite honestly, I fail to see any way DirectPool aims to prevent a 51% attack and I fail to see any way they are putting community first through their pool.

[AJMiles]

I came across an article on CoinDesk about this with the title "DirectPool Aims To Prevent 51% Attack with Community-First Mining Pool Approach." I have also read the "spoiler" above.

I need someone to explain exactly how DirectPool aims to prevent a 51% attack on the network. More specifically, what is different about DirectPool that would mitigate the risk of a 51% attack on the network?

Additionally, I am having a lot of trouble comprehending the "Community-First" aspect.

As it stands, all I see is another pool to point your miners at. I fail to see any sort of value add. Quite honestly, I fail to see any way DirectPool aims to prevent a 51% attack and I fail to see any way they are putting community first through their pool.

I responded to your post here: https://bitcointalk.org/index.php?topic=472122.msg5829506#msg5829506

Great questions by the way. Also, I don't think the info was clearly elaborated on their website, so that needs some work.

The worker's donation % is going to funding projects and it seems that the voting (POLL) system isn't up yet.

[emeraldforce]

p2pool much?