Slush Pool Introduces Provably Fair Bitcoin Mining
Bitcoin mining today is dominated by mining pools. These mining pools arguably have a strong hold on the Bitcoin network, but also on their own participants. Since mining pools typically operate with little transparency, participants must issue a lot of trust in pool operators not to cheat them out of Bitcoin. Czech Republic-basedSlush Pool – accounting....
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Yesterday, March 1, 2016, bitcoin mining pool Slush Pool released a voting switch to let users vote on which Bitcoin protocol they want to dedicate their hashing power to. Although the overwhelming majority of Slush Pool users haven’t voted yet, the ones who have voted have given Bitcoin Classic a huge lead over the other choices. The pool gave its users....
Slush Pool, a Czech-based Bitcoin mining pool accounting for 6 percent of hashing power on the Bitcoin network, indicates it will re-enable connected miners to vote for a block-size increase through BIP (Bitcoin Improvement Proposal) 101. Slush Pool was the first mining pool on the Bitcoin network to allow miners to vote for BIP 101, but recently suspended this option due to sustained DDoS attacks on its servers. Speaking to Bitcoin Magazine, Slush Pool operator Marek Palatinus said: "We're strengthening our infrastructure and we plan to enable BIP 101 mining again." The block-size dispute....
Bitcoin’s oldest mining pool, Slush Pool, will let its miners vote on the Segregated Witness soft fork proposed by Bitcoin Core. By passing this choice down to individual miners that connect to the pool (sometimes also referred to as “hashers”) Slush Pool hopes to remove itself as a decision maker from the equation. Speaking to Bitcoin Magazine, Slush Pool operator Marek “Slush” Palatinus stated: “Satoshi’s idea was not to have a few entities control the network. As a mining pool we shouldn’t rule.” Segregated Witness. Mining pools offer Bitcoin miners a solution to combine their hash....
For anyone who likes online gambling, Fortunejack.com is an online casino that uses digital currency to help ensure fairness and security. The site offers many live-games such as Texas Hold’em, Roulette, Dragon Tiger, Baccarat and CarribeanPoker, and provides round-the-clock customer support. Thanks to technology, it is possible now to verify the fairness of each game. With Fortunejack’s provably fair system, no one can know the outcome of a specific deck until the results are generated. The casino allows players to see how outcomes are based on their input. There is also a private number....
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