and what are your thought about the centralized server issues faced by various coin-joins methods
and thought about coin-party
https://www.reddit.com/r/Bitcoin/comments/3o0vv2/kristov_atlas_coinparty_is_a_new_p2p_mixing/
This is a separate topic, please respond in an appropriate topic. I will not do offtopic here.
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You said “we”.
Let us know what your git home is and where we can work together on the code you’re writing to get those ideas realized.
Well, they are talking about it.
https://twitter.com/HodlMagoo/status/1758234845430284332
And some more miner data I found.
There are some major tricks that we can pull (and btc cannot) to make for a much more decentralized, noncustodial and market-friendly pool due to our superior scripting capabilities - think p2pool but with so many goodies to make you drool rivers.
Unfortunately that would be a massive undertaking (think millions $) from design to implementation to marketing while yielding little revenue for the developers, so I don’t think we’ll have a manpower to do that anytime soon unless there’s a major investment. We can barely keep the old and really shit p2pool working off a part time miner coding in python. =\
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Found some in dept article on possible pool collusion.
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Related, quoting mononaut from X:
A single custodian now controls the coinbase addresses of at least 9 pools, representing 47% of total hashrate.
As demonstrated by this consolidation of mining reward outputs from AntPool, F2Pool, Binance Pool, Braiins, btccom, SECPOOL and Poolin:
https://mempool.space/tx/b1dc9e09a97d0ac8ed57179c276dff19d484c1f74b96cd9af547107af4f18086
TIL that over 40% of hashrate send their mining rewards directly to the same custodian.
I believe that custodian is Cobo, based on the on-chain flow of funds and some circumstancial evidence.
Whoever the custodian is, they’re also actively sifting out “uncommon” ordinal sats from those freshly mined coins
https://mempool.space/tx/ed58e2174f0ab4ab977c8f8775a2c5dd15dc0068537f72225b4399797cb9c83d
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@bitcoincashautist mining and mining pool need to be blinded or else we will get more censorship and empty block attacks
forget amounts privacy
Mining is too much transparent linking everything and is slowly becoming an attack vector due to centralization
That would be great but it is not an easy thing to do.
Are you suggesting something specific or just brainstorming?
two solution may exist either zero knowledge mempool construction and miners batching transaction in their pool
or some form of ecash(real one) compact blind signature(of course truly decentralized this time) only on batching miners transaction
so amount is public & supply is auditable
but mining pool, mempool design and batching transaction by miners could have some privacy (in form of encryption)
if one wants to go even further limit sender receiver amount to public (but super bad idea) but miners and mining pools and mempool construction has some sort of privacy
Wow, never heard of these. Sounds like an exciting piece of technology.
Can’t wait until you code it.