Multi-Algo - Defence against 51% attacks?#100
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nzsquirrell wants to merge 9 commits intovertcoin-project:0.14.0from
Open
Multi-Algo - Defence against 51% attacks?#100nzsquirrell wants to merge 9 commits intovertcoin-project:0.14.0from
nzsquirrell wants to merge 9 commits intovertcoin-project:0.14.0from
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and print in debug log. fix getblocktemplate to use miningAlgo
…culty as well as algorithm used to mine each block. also exposing the PoW hash
check for invalid algo ids. prevent versionbits producing errors due to algo encoding
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Very cool to see, and you've already done a lot of the leg work too. Kudos for the pull request! |
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Wouldn't this theoretically increase the risk of a 51% attack given attack vectors and unknown unknown's of a PoW's attack surface to an attack vector? Similar to the theoretic sides of cryptography on when it makes sense to combine methods vs not (rarely). Not to shoot this down (cool idea) but what type of formalism can we use to at least semi-formalize this? |
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What's here is the foundation for migrating VTC to a multi-algo coin. History has shown this to be far more resilient to 51% attacks than a traditional single PoW algorithm.
What needs more time, attention, and discussion: