Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [2GIVE] / LIVE ON BITTREX & BTCpool NOW
by
TheLittleDuke
on 18/05/2016, 14:44:50 UTC
God damn it I'm mining like a lord, already 3 rewards within last 8 hours in total 4000 coins. I already earned more by mining than by converting my CWC coins in 2give. If this coin remains solo-mineable only by wallet, than it will become very popular among small miners. But from the altcoin history most of the "solo-mining" coins were "hacked" by asic miners or pools so little miners mined almost nothing.

\o/ 

This is great -- I'm delighted that you're getting a sense of optimism around how 2GIVE is different than any other ALT to date.

Thwarting pools or asics isn't a hard design decision - but we have spent some time considering it...

The good news is, even if the pool wins the block -- they STILL have to pay out 1% to move it to an exchange -- which they can win of course.

One of things we COULD do is force the chain to only accept blocks from Give* addresses -- which raises the bar on a pool address hopping -- we could also add in rule that prevents the same addr from securing more than 3 blocks in a row.

And finally we could implement a "whohas" command into the gossip protocol as in "whohas Give* addr" -- and then selective tell the nodes to disconnect it.

But I don't want to play those escalation games.  Pools get involved because there is value to be extracted.

What I would rather see is a pool WATCH the TX fees and then switch in only when it rose to a level that made it worth it to compete for.

It's in the whitepaper...

-dvd