Post
Topic
Board Altcoin Discussion
Re: [POLL] Does EVAN DUFFIELD regret instamining DRK/DASH at 100x emission?
by
smooth
on 02/05/2015, 01:21:40 UTC
...you've found zero actual evidence....


Zero?

So far. If you stop repeating the same inane shit over and over again, maybe you could find some, though I seriously doubt it.

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Really?

Really.

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....We've admitted to the crippled miner. ..

Oh, I see. An admission of guilt is like saying - we admitted scam launch code, so now we're not guilty.

That was an admission of a crippled miner being in the code (left over from Bytecoin), not "guilt" about anything. But what is more interesting is that due to your continued probing into the matter (helpful, though not in the way you intended), we finally took a close look at the actual early mining as documented in the blockchain:

If you look at the difficulty on the network at say block 5000 (middle of the first week) it was about 100k.

http://moneroblocks.eu/search/5000

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Block difficulty 109110

That's a hash rate of 1818.5. A high end desktop hash rate using the crippled miner as we've seen earlier in this thread was about 8, so that was around 200 high end desktops mining at that point. Servers were/are faster.

Nobody was mining (much if at all) with a super-fast optimized miner in the first week. It's just not plausible given these numbers. This suggests that TFT didn't even know about the optimized miner from Bytecoin or didn't have access to it. Or maybe he was just honest (but weird) and didn't use it.

So it seems with a hash rate of around 200 desktops (or 50-100 server), dozens of people posting on the thread, known large miners mining it, known miners using cloud computing, this is totally inconsistent with the hypothesis of an optimized miner being used by the developer (for more than an insignificant amount, if at all).

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What did everyone say at the time, oh, yes: looks like the botnets have started mining. lol. Not botnets, scammers that rigged the launch.

Incorrect. The hash rate increased later (after the first several days -- see hash rate from the block chain after 3.5 days above), raising questions of botnets (doubtful for other reasons, but that's another topic). This still does not support (and in fact helps refute) the theory of the developer doing anything. A developer with full control over the launch schedule and knowledge of optimized mining would want to mine as much as possible as fast as possible starting right from launch, the way Evan did.

There is no evidence of any exploitation of the Bytecoin crippled miner in Monero, and that lack of evidence given the level of transparency of a blockchain can be reasonably interpreted as evidence of absence. By contrast, the Dash instamine by Evan and others definitely did happen and is well-documented in the blockchain.