📅 Original date posted:2011-09-14
🗒️ Summary of this message: Proposal to modify getwork code to discourage blocks with stale timestamps. Majority adoption would prevent cartels from manipulating difficulty.
📝 Original message:On Wed, Sep 14, 2011 at 3:45 PM, Gavin Andresen <gavinandresen at gmail.com> wrote:
> Modify the getwork code to build on the second-from-tip block if the
> first-on-tip block is on the discouraged list.
>
> Assuming a majority of pools/miners adopt the "discourage blocks with
> stale timestamps" rule, that should squash any incentive for cartels
> to try to start playing with difficulty-- you would have to have 50+%
> power to start, or you risk producing mostly orphan blocks.
Of course, if only a small percentage of mining power adopts this
scheme, everyone that does so will presumably be harming themselves by
doing so since they're essentially increasing the odds that the next
block they mine will become invalid...
Aidan Thornton [ARCHIVE] /
npub18r…na0jy
2023-06-07 02:25:37
in reply to nevent1q…3e2a
Author Public Key
npub18raeljmr9tfjcj7ncvqgkvv744a48t6lpk90xz25zlv9sla6zv4quna0jySeen on
wss://relay.noswhere.comPublished at
2023-06-07 02:25:37Event JSON
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"content": "📅 Original date posted:2011-09-14\n🗒️ Summary of this message: Proposal to modify getwork code to discourage blocks with stale timestamps. Majority adoption would prevent cartels from manipulating difficulty.\n📝 Original message:On Wed, Sep 14, 2011 at 3:45 PM, Gavin Andresen \u003cgavinandresen at gmail.com\u003e wrote:\n\u003e Modify the getwork code to build on the second-from-tip block if the\n\u003e first-on-tip block is on the discouraged list.\n\u003e\n\u003e Assuming a majority of pools/miners adopt the \"discourage blocks with\n\u003e stale timestamps\" rule, that should squash any incentive for cartels\n\u003e to try to start playing with difficulty-- you would have to have 50+%\n\u003e power to start, or you risk producing mostly orphan blocks.\nOf course, if only a small percentage of mining power adopts this\nscheme, everyone that does so will presumably be harming themselves by\ndoing so since they're essentially increasing the odds that the next\nblock they mine will become invalid...",
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