Then the problem is insecure pool design.
I'm sorry. Have I somehow missed what this entire thread is about?
Pools reduce the security of bitcoin. End of line.
j
Yes, but listen. IT IS FIXABLE. And smart minds are working on it. It is only the current manifestation of the pool system that allow these pool attacks to work.
http://forum.bitcoin.org/index.php?topic=9137.0It is possible to have pools work with zero pool attack risk. It is being worked on by smart people. The new system will probably be adopted soon (within 6 months).
Yes I know thank you. Let's hope the entire bitcoin enterprise isn't compromised in the next six months.
I love playing with risk like this. It's like smoking, the best possible outcome is nothing at all, worst outcome you die a painful death. It's not like you win billions of dollars for the risk you take on, nope just nothing or death. In some universes that's a game not worth playing, apparently not so much here.
j