Investors Club1680.com offers reward to find solution against hopping multipools

[LTEX]

The members of Club1680.com have offered this award to anyone that can bring a fully working solution to one of the most annoying problems most coins that become successful face and are bad for dedicated miners. The multipools that "rape" a coin by flushing their network with an enormous hasingpower for a couple of minutes when Diff is low and then leave the network with a ridiculously high diff.

This development is becoming one of the most dangerous threats to Cryptocoins and we would like to aid in a working solution to it!

We might be an investors club dedicated to Guldencoin, but this is a problem that faces most other coins as well. We would therefor like to invite other communities to join efforts! In the end, we all benefit!

[bee7]

There is no decentralized solution of this problem. As a (short time) countermeasure you could use hashing function that is not widely adopted in cc world. Even better, make your own combination of different hashing algorithms and make it and mining sw closed source. But this option is also short time. Use of any "standard" hash function like scrypt or X13 and 'standard' p2p protocol automatically makes you a target for hoppers.

[LTEX]

WOW! Want to see history taking place realtime!!!

Guldencoin DEV currently working hard on the difficulty simulator; a tool that allows us to test difficulty re-adjustment algorithms against real-world situations.
This tool is very important to make sure our development on the new algo is supported by results.

I thought it might be a good idea to share this experience with everyone here.



http://www.twitch.tv/GeertJohan
If you don't like the music: don't hesitate to mute the stream

[HeroCat]

The solution is simple - max one pool hashing power limit
Simple as that !!!
PM me for award