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0 pointsvalarauca19y ago0 comments

Yes you can game the network by writing your own Ethereum Mining Client. Introducing a ton of code. Selectively ignoring code. BUT this isn't smart. You are devaluing the currency you are deriving profit hurting your profit margin.

Furthermore you need to maintain plausible deniability. THIS IS HARD. If Ethereum catches you, they'll just hard fork. So your average blocked claims can't change by a large amount. So in reality you already need to 1st/2nd sigma miner, then increase your profits by maybe 20-30%. This is a lot of risk, and a ton of work.

Most likely it is just somebody doing it for the lulz

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deegles9y ago

I'm disappointed that the devs established the precedent that if things go south they'll hard-fork. It reduces the incentive to avoid risky behavior. Having a centralized roll-back/bailout authority is what led to too-big-to-fail banks.

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