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Tuna-Fish
on June 13, 2014
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It's Time For a Hard Bitcoin Fork
> The pool would notice that certain participants contributions are conflicting with other discoveries, and ban such participants?
How? Or, you ban me, I sign up again under a different alias.
gus_massa
on June 13, 2014
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The pool can use a 2% fee for old accounts and a 20% fee for new accounts (for example, with less than 1 month or less than 10^x hashes calculated.)
Tuna-Fish
on June 14, 2014
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Fees cost almost nothing to hostile miners. With a 20% fee, they get 100% of their hashrate through the theft, and 80% from the pool. So long as you pay anything at all to new miners doing this attack is beneficial.
marcosdumay
on June 14, 2014
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But, you see, the attacker isn't mining anything of value under the pool, thus the pool has nothing to apply the fee over.
eric_bullington
on June 14, 2014
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And so few new miners would sign up. Which would be good.
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How? Or, you ban me, I sign up again under a different alias.