> If all pools are acting this way, then there's really no incentive for miners to go to any specific pool (avoiding centralization). So it will just be like regular mining again.
Are you sure? It seems like it might be skewed towards the larger pools.
For instance, right now, a pool with 25% of the computation will get 25% of the mining revenue. If everyone is selfish, though, perhaps the 25% pool gets more share of the revenue, at the expense of the other selfish pools?
Are you sure? It seems like it might be skewed towards the larger pools.
For instance, right now, a pool with 25% of the computation will get 25% of the mining revenue. If everyone is selfish, though, perhaps the 25% pool gets more share of the revenue, at the expense of the other selfish pools?