[Bounty] Miner Template Signing as part of PoW

Posted on 2021-05-14 by wowario
Status: Completed

Why?

Dominance of large pools threatens the security of the network. If the network is not sufficiently decentralized, there is an increased danger of 51% attacks. Stronger decentralized network = much more wow!

How much?

10,000 WOW

What?

Modify RandomWOW PoW to require miners to sign block header with the secret spend key for the coinbase transaction. Idea was originally proposed last year by tevador/SChernykh.

Miners would have to:

  1. Select a nonce value.
  2. Sign the block header using the one-time transaction spend key (AKA the "stealth address") used for the coinbase transaction.
  3. Append the signature to the block header.
  4. Calculate a RandomX hash of the long block header.
  5. Check if the hash is below the target. If not, go back to step 1
Raised Concerns
  • Pools could ask for a security deposit from miners to discourage stealing of rewards when mining to a "hot" pool wallet
  • If deposits are required, smaller pool operators might not be able/willing to handle the complexity of managing deposits.

Milestones?

  • Set-up testnet with RandomWOW v2 mods 5,000 WOW
  • Successful hard fork to new PoW 5,000 WOW

Outcomes?

Kill off mega pools

Why you?

Bounty open to devs with record of advanced C++ coding skills.

Comments
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qvqc [admin] 2021-07-16 21:26 5000wow sent to sech1
5000wow sent to wowario reply
dsc [admin] 2021-07-06 09:02 4000 WOW sent from the devfund reply
pumpndumpmasster 2021-06-20 01:51 And if not here, this is so you do not have to search though tons of garbage to see we are steps away from absolute loss of our coin
https://imgur.com/tyeqhIp reply
pumpndumpmasster 2021-06-20 01:49 sorry all here this one may go to screenshot to show what I mean.....
https://imgur.com/a/TDQDGyw reply
pumpndumpmasster 2021-06-20 01:46 Perhaps this should take funding from ALL major cryptos given how important this is. I have been mining since the days of dual xeon servers pumping bitcoin out like a pipe dream to miners today and a quick pool search makes it CLEAR this coin of ours is going to die a soon death if we do not take it back from the greedy pump and ONLY dump, I may pump and dump but I hold more than a blue whale on any SE Asian crypto exchange, no plumes from this old timer, just a thought....that make so much logical sense, we cannot deny the fact if nothing is done this dance is done by years end guys and gals, we get this shit damn near free, wallets open, donate or we will lose a good mother fuckin coin that has so much potential it is not even funny. Hell I just taught my kids, 8, and 10 years old how to mine and set up wallets/nodes on their systems, would suck to see it die, the next coin if wownero dies to ass hole non whale pumpers is Scala or worse MoneroV to which monero denied any and all connections with after their project plans were clearly known, not here to point fingers or talk trash, just thought a peep talk of donate or lose it ALLLLLLLL needed to be said, but hell just take a quick search and you will see HUGE pools gaining week in and out hash power on our coin to toss like dog turds onto back alley exchanges for a quick satoshi hit..... yeah wownero is more and can be like what it is named after if we stay in control, your getting it damn near free, donate today or tomorrow it may not matter folks, do we want that???
PS: I am in no way shape or form involved in the dev team, I just love crypto and this coin. Hell 4 years almost and we lose to assholes only looking for a profit at all our expense?? ADD other donation methods dev team please for the sake of whatever God/s or ideology you believe in so we can fix this before we cannot
here look and see what I mean to make it more easy everyone....
<blockquote class="imgur-embed-pub" lang="en" data-id="a/TDQDGyw" data-context="false" ><a href="//imgur.com/a/TDQDGyw"></a></blockquote><script async src="//s.imgur.com/min/embed.js" charset="utf-8"></script> reply
wowario [op] [admin] 2021-06-08 11:50 Miner Nonce Signing PR https://git.wownero.com/wownero/wownero/pulls/369 reply
wowario [op] [admin] 2021-06-06 20:40 I've started experimenting with signing data with stealth private spend key, attaching signature hash to tx extra field. Working repo: https://git.wownero.com/wowario/wownero/src/branch/sig reply
purpl3potato 2021-05-23 08:31 If this kills mega pools , I say yes reply
pumpndumpmasster 2021-06-20 01:27 I second that, a quick look and it is clear if something is not done and done soon this coin will be killed by people doing what my username implies , I myself use wownero, hell my kids do also even mine the shit. For a very long time this has been my go to for getting monero at half or triple less hash power and holding like a whale after 10 huge bong rips and 50mg of adderall to control the munchies kinda hold. Perhaps this being so important should also take donations in the form of all major cryptos? just thinking out loud, peeeeaaacccceeeeee
Incoming transactions (31)
Events
qvqc [admin] 2021-07-16 21:26 Moved to status "Completed".
qvqc [admin] 2021-05-24 12:17 Moved to status "Funding".