From: Melvin Carvalho <melvincarvalho@gmail.com>
To: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: [Bitcoin-development] A mining pool at 46%
Date: Fri, 5 Apr 2013 11:30:38 +0200 [thread overview]
Message-ID: <CAKaEYhLqnzrhdJNTSBccDA68Mb-hUnaZaCa9Gn43FuVpa410sg@mail.gmail.com> (raw)
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There was some chat on IRC about a mining pool reaching 46%
http://blockchain.info/pools
What's the risk of a 51% attack.
I suggested that the pool itself is decentralized so you could not launch
one
On IRC people were saying that the pool owner gets to choose what goes in
the block
Surely with random non colliding nonces, it would be almost impossible to
coordinate a 51% even by the owner
Someone came back and said that creating random numbers on a GPU is hard.
But what about just creating ONE random number and incrementing from there
...
It would be great to know if this is a threat or a non issue
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next reply other threads:[~2013-04-05 9:30 UTC|newest]
Thread overview: 8+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-04-05 9:30 Melvin Carvalho [this message]
2013-04-05 9:48 ` [Bitcoin-development] A mining pool at 46% Mike Hearn
2013-04-05 10:02 ` Gregory Maxwell
2013-04-05 10:13 ` Melvin Carvalho
2013-04-05 12:12 ` Peter Todd
2013-04-08 12:32 ` Daryl Tucker
2013-04-05 10:50 ` Robert McKay
2013-04-05 9:52 ` Gregory Maxwell
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