One of the major problem are pools for example minerclaim arent helping. Many pools are setting limits. unless all pools are setting limits its not helping the community. and as for these large whales. by setting a hash limit they would have to create multiple accounts. but then the pools can look down further by not allowing the same wallet be used more then once. so in turn it would be harder the mange everything the higher the hashrate the whalers want to do. the currently person who is doing 10,363 on minerclaim. they would need to create 42 accounts and need 42 wallets. the higher the rate the higher the accounts and wallets needed. and to even add more security lock it down by ip address and even mac address
Could even take it further where by you must have the wallet open at all times. and if you have multiple addresses the wallet can report this back to pools and if the you have miners using more then 1 address from that wallet. the pools will know and stop the miners on 1 of those addresses. so it turn it makes it even harder to manage, etc.
Basicly the devs need to think in a logical way but also in a way where what software developers do licensees for software. For example my software if you tried to use the license more then once. it finds out if its already been used and if it has it says sorry its already in use. and the sotware wont work without the active license.
Not a bad thought, but there are ways around all of those things, and they're not that complicated. Someone who knows enough to run attacks on coins knows enough to be able to circumvent all of those, so I'd say it's mostly a waste of time implementing (though the pool limits and per wallets part is cool, if for no other reason than it would piss them off)...
True. i was only use the license code as an example of a way of thinking. But one thing needs to be done is the nodes need to be protected better and an trust relationship put in place so anything thats not done by the nodes will not be accepted. theres alot of things that can be put in place and still keeps the coins decentralized feature in place.
but having the pools help the community with limits and then using the wallets ability to report back to them ppl who have more then once address and then find miners who are using more then 1 address to feed money back to them is a good way. and will limit the whalers to react quickly on their feet. the point is to make it harder for them get money and move money. If you have 10000khs you need 42 accounts, 42 addresses and 42 individual wallets with 1 address in each opened just to mine as a whale.
It just doesnt help that we are really not hearing anything from the devs Especially from Joe.