Post
Topic
Board Development & Technical Discussion
Re: 0 confirmation - signed by miner?
by
DeathAndTaxes
on 03/02/2012, 13:33:25 UTC

so if you got a signed reply from 40-50% of the hashpower -

But how do you know something represents 40-50% of the hashpower? AFAIK, the only way of knowing is solving blocks.

If miners (or at least large miners signed blocks w/ a private key then by looking at block signatures over the last say 7 days   would give you a decent estimate of hashing power.  Of course today no miner's do such a thing but if having X hashing power (that could be provable in realtime) was worth some economic value it would be relatively easy to implement.