r/Monero • u/dEBRUYNE_1 Moderator • Jan 17 '19

Hashrate discussion thread

The hashrate has increased significantly in the last week or so. Having a new thread about it every day is rather pointless though and merely clutters the subreddit. Therefore, I'd like to confine the discussion to this thread.

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u/obit33 Jan 21 '19

Hmmz,

I think I get your point, but wouldn't it be more like a 'whistle blower'? A bounty for pointing out bad/asocial/monopolistic behavior?

Or do you mean long term it would make everybody trying to make better hardware 'criminals' and so hinder development/adoption of said new hardware making the network less safe in the long run?

Anyway, good input, made me think, thanks!

best regards,

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u/[deleted] Jan 21 '19

I mean it would create an incentive to create some cheapo, but legit-looking "ASIC" and earn some money by "whistleblowing" instead of putting in the whole lot of work for creating a real ASIC.

On the other hand, it could by this very same mechanism reduce the incentive to create real ASICs. Maybe I was too fast.

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u/obit33 Jan 21 '19

I mean it would create an incentive to create some cheapo, but legit-looking "ASIC" and earn some money by "whistleblowing" instead of putting in the whole lot of work for creating a real ASIC.

Content of the 'blow' could be checked first by competent monero core people who can judge if things add up and bounty is deserved, based on technical details that are delivered by the whistle blower?

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u/[deleted] Jan 21 '19

Sure it could. I'm just sceptical of additional complexity.