I have a question it doesn't directly relate to the topic but more to vPoW-
let me give you a scenario - :
is there an attack vector that exists here:
lets say we have for example 3 "algos"
1. Xa
2. Xb
3. Xc
now (in this world) - there is a beautiful community developed CPU and GPU miner for both
what this miner does is it can mine each of the 3 and choose the lowest diff of each -
is there a potential attack vector where the miner can "game" the next block i.e by jumping form aglo to aglo -
so exploited some how the way in which the next block is determined?
sorry for the newb question.
what i'm asking is:
what is the mechanism that determines the next block is it really random?
None, the block hash is generated and can be solved by any of the algos. It's just a matter of difficulty vs hash power.
So then couldn't a group of miners devote hash power to the algorithm with the lowest difficulty? or does it become where the sheer number of different altcoins it can be mined with should make that unachievable?
Lets assume that a mining pool of groups of mining pools have a lot of hashpower in different algorithms and can switch their hashpower to the algorithms of the lowest difficulty like the reverse polarity of the Myriad Blockchain itself to achieve maximum profit. How would the different algorithms prevent such an attack?
This is a good project and important for all altcoins so I am trying to get my head around how this can be implemented on a large scale.