F2Pool co-founder responds to allegations it's cheating the Ethereum POW system

F2Pool co-founder responds to allegations it's cheating the Ethereum POW system

The response comes after researchers in Israel alleged the mining pool has been manipulating Ethereum block timestamps to obtain higher mining rewards. F2Pool co-founder Chun Wang has responded to allegations that his mining pool has been manipulating Ethereum block timestamps to “obtain consistently higher mining rewards."The allegations came from an Aug. 5 paper from researchers at The Hebrew University, claiming the mining pool has been engaging in a "consensus-level" attack on Ethereum over the last two years to gain an edge over "honest" miners.   However, Wang on Twitter responded by....


Related News

Ether.Camp Accused of Rewarding $50,000 Prize to Cheating Team in Competition

Ether.camp, an organization that hosts hackathons and is leading the development of Ethereum Studio, is accused of rewarding $50,000 in prize money to a cheating team in a competition it hosted. Virtual Accelerator 2016 was an event hosted by ether.camp to discover innovative startups maximizing the potential of Ethereum in unique areas or fields. Artchain, an Ethereum startup which manages art assets on the Blockchain, accused ether.camp of rewarding $50,000 to a cheating team after garnering sufficient information regarding transactions and the public voting system. Public voting system.....

Blockchain-based move-to-earn app Stepn under DDoS attacks after upgrade

Apart from trying to get rid of cheating and bots, Stepn is also working to limit its platform’s availability for users in mainland China. Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform proceeding with a major anti-cheating upgrade.Stepn took to Twitter on June 5 to report that the platform has suffered a number of DDoS attacks causing recovery maintenance and associated improper performance.1/2 We have been under multiple DDOS attacks in the past hours. Securing the servers and recovery may take anywhere....

Ripple Responds to SEC Lawsuit Over XRP Sales

In a Friday filing, Ripple Labs pushed back against the SEC’s allegations.

F2Pool Threatens To Withdraw Consensus Support Over Adam Back Allegations

For those people who were under the impression the Bitcoin block size debate was over, you are sadly mistaken. That being said, things are getting interesting, as F2Pool announced they will withdraw support from the February 21 roundtable consensus unless things are sorted out on the Adam Back front. There is never a dull day in the world of Bitcoin politics; that much is certain. Adam Back and Blockstream. Various Bitcoin community members have been claiming how Blockstream is planning to drive Bitcoin Core development in a different direction than was originally envisioned by Satoshi....

F2Pool Statement Indicates Plan To Hard Fork 2MB Bitcoin Block Size

The Bitcoin block size debate has taken another interesting plot twist in the past few hours. F2Pool, one of the largest Chinese Bitcoin mining pools in the world, has announced they support the hard fork for an increased 2MB block size. While the post on BitcoinTalk is a weird translation from Chinese to English, it looks like F2Pool might be attempting to push people to accept the Bitcoin hard fork. Not a great move in the Bitcoin mining industry if this were to be the case. F2Pool Statement is Quite Worrying To Say The Last. Certain aspects of a statement can tend to get lost in....