Post
Topic
Board Bitcoin Discussion
Re: Please run a full node
by
dinofelis
on 11/05/2017, 05:42:02 UTC
I never interpreted anything in this thread that he implied that (I actually think he tried to argue exactly what you are arguing -- that the percentages don't change based on the other pools) but I guess he can answer to that point.



See: now you got it directly from him  Cheesy

2) the betraying node is not winning anything, because he's not making blocks at any faster pace than if he remained faithful to the other miners and their agreed-upon protocol.

wrong.. he has no competition so although his average times of maybe say 10.026.. he is not fighting off competition

ok


franky1, really, you have a serious, serious misunderstanding of the basics of bitcoin mining.

You are EXACTLY committing the error I pointed out above:

Quote
One may erroneously think that there are, say, 5 miners *in competition* and that it takes them *about exactly* 10 minutes of computing to get a block, but that sometimes, it takes the first one only 9 minutes and 59 seconds, and the second one, 10 minutes and 1 second, and they were all almost within a few seconds "in time".

I think it is because you do not understand the difference between a very peaked distribution around 10 minutes intervals, and an exponential distribution with AVERAGE 10 minutes.