Ethereum: Problems with naive pool -sharing mechanisms
As the second largest market capitalization, Ethereum has experienced many challenges in the first few years, including scalability problems and collapse of security. One of the main problems is the naive approach for the mining pool management, which can lead to many problems that endanger the integrity of the network.
Naive pool sharing mechanisms
In traditional cryptocurrencies such as Bitcoin and Monero, the mining pools are used to check new blocks in exchange for prices. These pools enable many miners to work together, which increases the total speed of abbreviations and dissolves complex mathematical equations faster. However, it was shown that Naive Pool -Sharing -Mechanisms are susceptible to several attacks.
Each miner receives a proportion to its abbreviation
One of the most common problems with naive pool sharing mechanisms is that every miner has the same share of the link rate. This means that smaller miners may not receive a reward or even lose significant amounts of money, since larger miners dominate the network.
Possible attacks:
Several attacks can be committed to the distribution of the pool for naive mechanisms, including:
* 51% attack : Attack 51% occurs if a single miner controls more than half of the mining performance in the network. This enables you to manipulate the network and control all future transactions.
* 51% attack on the validator : If the validator is violated, you can use your position to control the process of correctness and prevent others from checking the validation of new blocks.
* 51% attack on the network
: Attack 51% can be released by a group of miners who connect their performance to control the network. This enables you to manipulate transactions and block the creation.
consequences:
The consequences of naive pool separation mechanisms are serious, including:
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* Reduced adoption : lack of transparency and responsibility in naive mining pools led to a reduction in adoption indicators in new users.
* Increased susceptibility : Mechanisms to release naive pools make the network more susceptible to attacks by malicious actors, which can lead to considerable financial losses.
Application
Naive pool sharing mechanisms are an incorrect approach, which is a significant risk of the Ethereum ecosystem. If you understand the problems related to naive mining pools and their potential attacks, users can take steps to protect and ensure further network security.
