Post
Topic
Board Pools
Re: Eligius POLL: Reward system changes, and new ASIC-ready Eligius-Hu pool
by
kuzetsa
on 14/08/2012, 15:08:49 UTC
People seem to be against HU (according to the polls)
But nobody's willing to say why; makes me wonder if it's just the trolls who want Eligius dead.

Shame on you for saying "trolls" and "wanting eligius dead" in the same breath as you quoted me.

1) I voted a "support" option for the eligius-RA system (effectively, a new system which sounds very much like wizkid's proposal which was sought-after by myself, and several other voters)
2) double shame on you, because I already asked plenty of questions on IRC, and more than one person in this thread has expressed specific concerns.
3) here, have some reasons that I myself don't like Eligius-HU one bit.

For starters, Eligius-HU is largely undocumented, and not explained well in the OP.

What is the size of a share anyway? How many hashes is that?

I ask because the entire bitcoin network is usually between 7k and 8k blocks per month, of which, eligius only finds 100 or so... how does this arbitrary value of "8x difficulty" fit in for our rate if we suddenly mine more or less percentage of the bitcoin network's blocks?

The current "second proposal" doesn't really explain the math which will determine the size of the window over which each miner's recent shares are counted for the purpose of payouts.

Also, my original paranoid questions which I suspect others may have had similar concerns about not getting paid for the previously submitted shares under the Eligius-RA PPS system.

This last concern ties in with my first new question -- Eligius-HU system is going to arbitrarily change the size of a share to be dynamic based on hash-rate, so that nobody's math will be able to know what is going on with the new algorithm.