is this safe in a decentralized network kind of ways?
the pool ubiqpool.io have hashing power of more than 80% of all network hashes..
how many confirmation should we wait for a transaction to be considered ok?
i see that the blocks are only generated by ubiqpool
i think the miner should consider to distribute their hashing power to other pools available
the pool ubiqpool.io have hashing power of more than 80% of all network hashes..
how many confirmation should we wait for a transaction to be considered ok?
i see that the blocks are only generated by ubiqpool
i think the miner should consider to distribute their hashing power to other pools available
yohanip thanks for your concern. In this case it tends to be "OK" since we know that ubiqpool.io isn't malicious but definitely better to share out hash rate.
Most altcoins tend to be focused on 1 or 2 pools this but we are definitely actively encouraging miners to distribute their hash rate. As with having no premine or no ICO, we strive to a higher standard.
This situation has improved and it now looks like this:
At the moment we have 14 pools so thank you miners and volunteer pools for helping to keep the network decentralized!
On a quick note, there is no official mining pool and no one from the dev team runs a pool. This is the best situation and this level of community engagement is what we are striving towards.