📅 Original date posted:2021-09-06
📝 Original message:Switching pools has always been possible. But the largest pool is the most profitable, and centralized pools are easily controlled. Decoupling selection without decoupling payout is an engineering change without a pooling pressure change.
e
> On Sep 6, 2021, at 10:01, David A. Harding <dave at dtrt.org> wrote:
>
> On Mon, Sep 06, 2021 at 09:29:01AM +0200, Eric Voskuil wrote:
>> It doesn’t centralize payment, which ultimately controls transaction selection (censorship).
>
> Yeah, but if you get paid after each share via LN and you can switch
> pools instantly, then the worst case with centralized pools is that
> you don't get paid for one share. If the hasher sets their share
> difficulty low enough, that shouldn't be a big deal.
>
> I'm interested in whether braidpool offers any significant benefits over
> an idealized version of centralized mining with independent transaction
> selection.
>
> -Dave
Eric Voskuil [ARCHIVE] /
npub1sg…ppx3c
2023-06-07 22:58:28
in reply to nevent1q…yug2
Author Public Key
npub1sgs97fe0n9wehe6zw7drcxdz4cy9yt9pfqjv8gasz5jlk4zezc0quppx3cPublished at
2023-06-07 22:58:28Event JSON
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"content": "📅 Original date posted:2021-09-06\n📝 Original message:Switching pools has always been possible. But the largest pool is the most profitable, and centralized pools are easily controlled. Decoupling selection without decoupling payout is an engineering change without a pooling pressure change.\n\ne\n\n\u003e On Sep 6, 2021, at 10:01, David A. Harding \u003cdave at dtrt.org\u003e wrote:\n\u003e \n\u003e On Mon, Sep 06, 2021 at 09:29:01AM +0200, Eric Voskuil wrote:\n\u003e\u003e It doesn’t centralize payment, which ultimately controls transaction selection (censorship).\n\u003e \n\u003e Yeah, but if you get paid after each share via LN and you can switch\n\u003e pools instantly, then the worst case with centralized pools is that\n\u003e you don't get paid for one share. If the hasher sets their share\n\u003e difficulty low enough, that shouldn't be a big deal.\n\u003e \n\u003e I'm interested in whether braidpool offers any significant benefits over\n\u003e an idealized version of centralized mining with independent transaction\n\u003e selection.\n\u003e \n\u003e -Dave",
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