Post
Topic
Board Bitcoin Discussion
Re: The Biggest Flaw with Bitcoin that Could Crash the Entire System
by
AnonyMint
on 27/12/2013, 10:04:14 UTC
CPU-only mining that is botnet resistant and also limits the sizes of pools is very much needed.

What are you thought on "memory coin 2.0"? It fits the agenda?

I provided my technical opinion. As far as I can see, it is not ASIC-resistant. It is probably GPU-resistant.

CPU-only mining that is botnet resistant and also limits the sizes of pools is very much needed.

So when can we expect that to appear?
Q1 2014

How could CPU mining be botnet resistent? What's different between a computer in botnet and a normal computer?


Require more than 8 GB of memory which eliminates 80 - 90% of the bots. And cause the computer to slow to a crawl swapping virtual memory to hard disk (thus alerting those high end gamers that their computer has a virus) for any other activity that required access to memory if most of the memory was in use by the hash.

the pool op over at ghash.io is making mad money every single day.

With zero fees (allegedly, not sure if true), and paying out tx fees, just how is he making mad money on his pool?

If someone with ability to print money out of thin air funding him... cartels... see Transactions Withholding Attack.