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Showing 8 of 8 results by angrybirds.allen
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Topic
Board Announcements (Altcoins)
Re: [ANN] Metaswap:AMM based on dynamic transaction fee rate
by
angrybirds.allen
on 21/06/2021, 06:17:41 UTC
Designing an automated market maker that can't be attacked is probably fairly hard. I think this concept deserves more attentions.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
by
angrybirds.allen
on 12/08/2020, 12:13:22 UTC
There have been some fake anns recently, please don’t trust the wallet link inside.

I recently found a lot of similar fake ann, I obviously know the file in it is malicious, but I am curious what it is.
Post
Topic
Board Development & Technical Discussion
Re: How to eliminate Large mining pools
by
angrybirds.allen
on 08/07/2020, 07:44:33 UTC
A small number of large mining pools, or more small miners, which one is safer? 
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
by
angrybirds.allen
on 18/06/2020, 01:38:45 UTC
Large mining pools are the biggest threat to decentralization. Any proposed weakened pools must be marked better.
Good luck.

You are right, good projects deserve more attention
Post
Topic
Board Altcoin Discussion
Re: A new cryptocurrency with two-phase-proof-of-work
by
angrybirds.allen
on 10/06/2020, 14:08:46 UTC
I think this topic already exists, so you can discuss there. https://bitcointalk.org/index.php?topic=5254068.0
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][2POW] Luck - A new consensus algorithm to eliminate large mining pools
by
angrybirds.allen
on 10/06/2020, 05:46:45 UTC
If this mechanism works properly, I think the project has great potential.
Indeed, no matter which hash function you choose, as long as you use the same idea of traditional PoW, pools are inevitable.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
by
angrybirds.allen
on 09/06/2020, 01:27:47 UTC
I do not think that a model like this will work. It's just turning the power monopoly into node monopoly. A miner who have more nodes, his monopoly remain unchanged.
Maybe I am wrong, I hope this mechanism works better.

The power monopoly is theoretically caused by cooperative mining. In this project, the cooperative mining is irrational, which will generate a large number of miners instead of mining pools.

thanks, it looks like it will be better than Bitcoin.  Grin
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Luck: A new cryptocurrency with two-phase-proof-of-work
by
angrybirds.allen
on 08/06/2020, 08:37:46 UTC
I do not think that a model like this will work. It's just turning the power monopoly into node monopoly. A miner who have more nodes, his monopoly remain unchanged.
Maybe I am wrong, I hope this mechanism works better.