Quote from: windpath on November 15, 2014, 04:22:23 PM

Quote from: murraypaul on November 15, 2014, 12:46:31 PM

Quote from: windpath on November 14, 2014, 11:32:30 PM

Quote from: dogie on November 14, 2014, 11:28:35 PM

Quote from: BITMAIN on November 12, 2014, 01:48:22 PM

0% fees and PPLNS earnings. (The tx fee is not paid out to miners for maintaining cost and the bonus for our engineers.)

This is not possible on the existing p2pool share chain. Every p2pool node would have to upgrade(?) to bitmains version.

It would be possible for the 'p2p' pool as described by Bitmain, for their share of the tx fees.
Miners mining on this pool are not p2pool miners, and do not have to run bitcoind or p2pool itself.
They connect to a pool just like any other, except that in this case the pool is a p2pool node.
The pool is the node, and would recieve the coinbase payout.
It would then pay the miners the portion of the 25BTC payout that Bitmain received, according to PPLNS, and keep the tx fees portion of the payout itself.

Again, This is not how p2pool works.

The generation tx does NOT go to a node, it goes directly to the miners with active shares (ALL the miners), this is what makes p2pool trust-less and is not something I would see as negotiable with other p2pool miners...

The generation tx goes to all the nodes with an active share.
The assumption behind this portion of the thread is that one of those nodes would be the Bitmain 'p2p' pool, rather than the indivdual miners being nodes and generating their own shares.

Quote

Here is a p2pool coinbase transaction, take a look for yourself...

https://blockchain.info/block-index/497193/0000000000000000010cb1da262778419a4eac1ba3947fea7dc14bef19399956

As you can see each of the 347 miners with an active share in the p2pool share chain received a portion of the payout directly from the coinbase.

Yes. And in this assumed setup, the Bitmain 'p2p' pool would be one of those miners. It would receive its portion of the 25+tx fees payout, not the users mining on the pool.
It could then split the payout to the actual users however it wanted to.
Users of the 'p2p' pool would not be p2pool miners, and would not have their own shares in the sharechain.
(We don't know if this is actually what is planned, as they have provided no information about how their p2pool would work, the discussion is about whether it would be feasible.)

murraypaul

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