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November 08, 2013, 08:14:10 AM Last edit: November 08, 2013, 09:00:46 AM by dreamwatcher |
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I swore I wouldn't respond to the rants of cabinetmaker, but after this second one.....
1. You have no CLUE as to what a "51%" attack is. A 51% attack does not simply mean that somebody or a pool has over 51% of the hash rate. Bitcoin at various times had single pools that had close to 60% of the network hash rate, this does not constitute an attack. I suggest you do some more research and actually learn what the "51%" attack vector consists of.
2. I own the pool you so often bring up. It has been mentioned that my pool may have had over 50% of what was reported as the network hash rate from my local daemon, but that may not have been accurate. BTW the "huge" hash rate of my personal rigs is about 5 M/H, hardly a power house. I also had no advantage over a solo miner as the only hash rate used was my personal rigs. Over the course of testing before I opened the pool, I had mined about 56 blocks. Over a twelve hour period that would be 7% of the blocks found. Those coins went to help make sure the miners on my pool did not lose any coins...See #4.
3. I can also tell from your rants that you know next to nothing about software development. "Either it works or not" is such an ignorant remark, I am sure you have software developers either laughing or in open mouth amazement after reading it. Bugs do not always show up right away and often times show up during stress testing. This was especially true in the case of the new protection scheme, part of which is based on how many blocks are submitted in a certain time period before a node gets banned.
4. Though the pool lost quite a few coins due to alternate chains, I personally covered all the coins that were lost OUT OF MY OWN POCKET. The miners on my pool lost NOTHING. As for my reputation, it stands on its own, nothing you say is going to change it and you only make yourself look foolish when you attack it. As for other pool operators, there are the honest ones and the dishonest ones, but I find most of them to be honest.
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