Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
damnation
on 27/12/2013, 15:57:11 UTC
I'm surprised none of you have a problem with the nut2pools pool having over 51% of the hash for this coin all the time.  Sometimes it is as high as 70%.  

It really hurts the validity of this coin to have one pool effectively controlling the blockchain.  

I don't know the technicals well enough to understand whether they may be effecting the ability of other pools/ solo miners to get blocks, but I've found that since they've gotten over 50%, I receive a high number of rejects on solved blocks.  Is it possible that the pool preferentially treats their own blocks, and effectively the entire chain, as the correct ones as they would see those before an outside block was submitted?  

On a 30 second block, even a few seconds preference toward their own pool before others outside the pool could be validated could be enough to completely skew everything in their favor.  

I haven't seen one person raise a concern about this on this thread, though.  Why is this?  

Well i believe its because the LOT miners.. the experienced once at least have gotten used to EACH and EVERY pool being ddosed for 12 hours+ at a stretch.. so everyone just wants to get on and start mining asap..

Used to be devianttwo's pool had the majority of the hash power but that changed as the pool is being closed down.

As a result of pools constantly crashing.. Most of the miners got a chance to experience each and every pool in the hopes they could mine.. Nut has/had 3 servers.. jpn, eu and nl(now terminated) which means that he has the best chance for going on even if one server were to be ddos..