Post
Topic
Board Altcoin Discussion
Re: How about a currency which is pool-proof?
by
DeathAndTaxes
on 26/10/2011, 18:09:04 UTC
How about pool-proof chains? Sorry but...bitcoin is getting destroyed by pools, so is every other currency.

How exactly is bitcoin being destroyed by pools?

Quote
I want a chain, on which i know i can mine myself and knowing no pool is going to take my blocks.

You do understand that pools don't change your share of hashing power.  If you have 0.01% of hashing power you will end up with 0.0% of block rewards.  Other people being in pools doesn't change that.

The only risk pools represent is 51% attack and that can be solved by technology like p2pool.