All of these threads are reactive. Every single one of them, every time This is the second time deepbit has gone over 50%. Nothing was accomplished after the first time. [Tyco]'s thread about coding a an attack detector barely got any interest. The best idea I've seen so far is an ad campaign to try to get users to go to other pools.
If people think this is really a big problem and [Tyco] is such a huge threat then come up with some realistic ideas about how to solve it.
1) Inform users of the problem and try to get them to distribute themselves. Hint: You're going to have to reach them outside of here since a good number of them will probably never come here. You can't make users leave either. It is their choice where they mine.
2) Put some technical skill into getting a block chain monitor working so that people will know if/when something happens instead of being reactive.
Because tycho knows an attack detector is impossible. Forked chains are simply abandoned by those who discover them, they are not reported anywhere where we could analyze if they are being utilized to create double spends.
Hhhmmm .. maybe it could be deployed by multiple people across the network, or even something put into a future client so it's detected by all nodes and reported somewhere voluntarily like antivirus databases. I'm not a coder, but I can at least come up with ideas instead of criticisms.
WHat youre talking about would require literally every person running bitcoin to update their client to your specific version. And agree on a central authority to monitor double spends.
Why don't we just avoid the matter altogether and stop mining for someone who could destroy the currency's value? Or DDoS the hell out of his servers until he's below the 50% point.
Maybe because apparently all the posts here about this topic haven't solved the problem. Apparently it's either not persuading people or not reaching enough people.
Because that would make you a hypocrite for crying how he's doing something unethical to the network and then doing something unethical to him to get what you want. But since you don't have a problem with ethics it doesn't matter to you, does it? Wait, if you don't have a problem with ethics then you shouldn't care what he's doing to the network. Except what he's doing isn't illegal in most nations.
You seem to mistake "unethical" with protecting the network. I dont have any more hashing power to contribute to dilute his pools strength, so the only next logical thing I can do to protect my BTC investment would be to disrupt his pool and/or his pools users. He is a threat to the network.