I guess the operators of Nanopool are really good guys deciding not to do a double spend attack on the network while having more than 55% of the total hashrate 🫠

Why don’t miners want to use the P2Pool even though it strengthens the network and also has great incentives like zero fees with a very low payout threshold?

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[–] [email protected] 1 points 1 year ago

Having 55% of hash doesn’t mean you’ll make profit by attempting a doublespend

But a pool could be turned into a malicious pool by an adversary that takes control of it. A clear disadvantages of centralization is that it creates a single point of failure.

Even a malicious pool could at worst mine empty blocks for a while.

Why is this the case? I still have not studied the Monero protocol yet.