Pools for everyone


  • admin

    @gpedro I have absolutely no issue with a negotiated cap limit, but I think you'll have a problem across the wall ........



  • @haitch @gpedro I think the concept is what a p2pool is. I like the idea except the block reward isn't big enough. Second I don't know that we could have one pool wallet for everyone.
    I also think that similar to when bitcoin first started with usb miner that with burstcoin 1tb is no longer the min needed. Thus it is a competetive market and miners will need to invest in more tb power.

    Moving forward Uray created some bad blood right @Haitchi and since then The idea of creating a different pool code surfaced. This is the love hate relationship now.
    Uray code can be unpredictable sometimes so The newer Ninja code also took care of that and this is what has made so many larger miners happy with consistent pay. @SirGibs is correct with uray code and it can be unpredictable if the pool owner doesn't understand how it works.

    However in the long run if the larger miners gave it a try then they would see that a pool that figured out how urays works can payout the same as a ninja pool if it finds the same amount of blocks in a day and frankly that is the key.



  • @haitch So do you agree this would be a good thing if it happens and that you are willing to reach a consensus in order to put all more reliable and de-centralized?

    I'm glad we are reaching somewhere with all this...


  • admin

    @gpedro I would be willing to do it with 100% of pool consensus.



  • @Burstde Have you read the whole thread or are you still at the middle? lol

    I think you are talking about my first madness idea and we all agreed is not feasible, but i proposed another thing and that is what we are discussing right now... ;D



  • @haitch Cool i will try to reach other pool owners on BN and see if they are willing to do something like this and if so try to arrange a meeting with all pool owners so we can try and solve this whole mess going on... I know i will face some challenges but what is life without challenges right? hahahaha



  • lol ...okay you caught me ...I'll read more.



  • Also @tross @socalguy @ccminer can you guys see my last proposal on this thread and tell me if you guys are willing to reach a consensus for the greater good... Remember we are talking a 100% consensus and not just some pools or we are all together or this will not go ahead... ;D

    My proposal discussion starts at post 16 ;D (https://forums.burst-team.us/topic/4865/pools-for-everyone/16)

    If some pool owner is not in agreement please explain why so we can try to reach a consensus...

    We all said things against each other (including me!) and we don't have to like everyone but let's put our differences aside and do this for the entire community?! After all, we are all here because we have all one thing in common, the fact that we like this coin and we want it to succeed!

    @haitch if i forgot someone that is a pool owner and is in this forum please tag them... ;D



  • @Burstde hehehe i knew it xD



  • as far as a cap on a pool i dont think its realistic to place the cap on the individual you would be excluding people with large rigs from helping a pool , insted i feel a cap / freeze on new people joining a pool once it has reached a combined mining power excluding solo i count 18 pool wallets in the NW observer , network diff is currently a little over 25k correct me if im wrong but that means there are aprox 25 peta in the network = a lil over 1 peta per pool even .... you will never have an even distribution but you could say close a pool off to new miners if when the pool reaches a cap of 2 peta worth of mining power ... that would force people to join other pools and with growth force new pools to open up. of course you can not enforce this only sugest it and then impliment it on the pools that you do have control over.



  • Leave the pools as they are.

    Why? Because we are focusing on something that isn't important. With only 7,056 miners, we should be focusing on bringing in new people.

    We also should be developing new software and or hardware to entice new people to join up with burstcoin. If you build it, they will come...?

    anyways, imo :)



  • @Gibsalot You are not excluding them, you are forcing them to divide their plots into different accounts make the rewards per account more fair for everyone, or forcing them to go solo wich is the truly purpose of all this because if we want a trully de-centralized network we have to have a lot more solominers instead of pools, so we have to force bigger miners to go solo instead of be using pools...

    Pools are made for small miners to compete with larger ones not for big miners to goble all the rewards, this is the true purpose of the pools concept!

    The max cap is not yet defined (hell nothing is yet defined lol) and will have to be agreed from every pool owner...



  • @socalguy What i'm proposing would make the network totally de-centralized and really fair rewards for everyone... The purpose of a decentralized network is to have a big number of full nodes and you can only force that to happen by making more worthy solomine than pool mine so people run their wallets and mine with them...

    We have 7056 miners and 18 pools + 52 solominers = 70 full nodes mining, wich is around 1% of the total miners, don't you find this number too low? I do, and don't you think this can cause problems?

    Also you said that we should be focusing on get more miners, that's true but don't you think if the rewards are more even there will be more incentive for new miners to come? I do...



  • Just my 2 cents here but I have to agree with @gpedro on this one I think in the long run moving to cap pools would bring in more new mines and help decentralized the network which would hopefully help eliminate some of the problems that have affected the network over the past couple months although I don't ever see this happening I don't know any of the pool owners personally but what I do know is nobody likes to have the rules changed in the middle of the game



  • @gersey Thanks for the support xD

    I agree with you when you say that nobody likes changes, that is in the human nature, although change leads to progress so if no one see any disadvantages on my proposal and only benefits, i believe it leads to progress...

    But provably the skin in the game will make some of them to ignore my proposal or even try to descredit me but what i am trying to do is solve some issues that are around for some time and that are preventing us all from get along and work all together to the benefit of the community, like things were once upon a time... ;D



  • @gpedro said in Pools for everyone:

    @socalguy What i'm proposing would make the network totally de-centralized and really fair rewards for everyone... The purpose of a decentralized network is to have a big number of full nodes and you can only force that to happen by making more worthy solomine than pool mine so people run their wallets and mine with them...

    We have 7056 miners and 18 pools + 52 solominers = 70 full nodes mining, wich is around 1% of the total miners, don't you find this number too low? I do, and don't you think this can cause problems?

    Also you said that we should be focusing on get more miners, that's true but don't you think if the rewards are more even there will be more incentive for new miners to come? I do...

    Can you tell me where you got the data shown above?





  • who is the new pool ninja v3?


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