When are pools comming back?

Hello there,

I wanted to ask this as it shows on multiple charts, such as coinmarketcap or coingecko that WOW is slowly slowly spiraling down. True, it has some good big UPs post pool-removal though it is quite low now.

I am of the belief that this change, of removing pools, was a bad idea. Pools are quite useful for gathering people to mine, it’s way easier and helps increase the popularity of the coin to other XMR miners, which will increase the safety of the coin.

I know that this was made to make the coin more descentralized, which now it is, although instead of a good workforce of miners we’ve got just the dedicated community, which I believe it isn’t really that big (if there are more than 100k miners then I will say it is a decently big community, if not even 50k, then it’s just a small one in my opinion).

Now that we’ve went through this useless, already-known stuff, let’s go to a way to remedy the problem, only if the developers also wish to do it.

Readd pools, tho now we’l’ have a new way to combat centralization:
-have a way to temporaly disable ore request a temporary end for pools if they reach above a certain hashrate.
We had multiple pools, about two dozens or so, I believe that we should have a max hashrate of 33.3%-40% from the total hashrate per pool.
If a pool reaches 30% hashrate from the total, that respective pool or pool boards should announce and request the temporary stoppage of use of that specific pool. If within a month, that pool increases it’s hashrate from the total to between 33.3%-40% it should be temporary be disabled for the coin’s anonimity.

This way, more miners are going to come, the coin is goin to grow and we’ll have stonks.

Any opinions?

squish prefers solo-mining! hashrate has been pretty stable since the switch, following it here freeboard

suspect of the change at first but feel now it is a unique feature that makes wownero stand out. stacking blocks here with only a couple desktops its close to or maybe even better than on pools

mebb current user base is more interested in the long term qualities of wownero vs instant gains to be traded into some other coin? this solo release has more downloads than previously by the long shot, cause the user actually need to run nodes now? annoying shit having pools constantly 50% hashrate thats the hard sell for newbs

annoying shit having pools constantly 50% hashrate

Ik, that’s why I recommended just removing the pool when it reaches above 33.3% hashrate from total.

current user base is more interested in the long term qualities of wownero vs instant gains to be traded into some other coin

understandable, I’m on the same page here, it’s very not gucci of people to trade it instantly into other coins as it is quite of a neat coin, and if we’d want it to we need to make markets where wownero is primarely used and stuff. problem is where? vidya gaems? merch? computer parts with wownero logo? stock and demand, we have the stock, problem is le demand. we barely have some, the only things I can see that you can trade wownero for are memes and hopefully merch, which the merch doesn’t even prioritize WOW, it says BTC and other cryptos, where WOW isn’t even listed, and it also is on coinbase, that’s quite counterproductive, ain’t it?
like WOW should be first method of transaction instead of paypal and WOW should be a bloody option for transaction, not BTC, ETH and some other coin (atleast that’s on the T-shirt merch and stuff)

I like that we complain about pools while we don’t use our stock and create demand where it should’ve been from the start.
Le old saying: “God can’t do everything”
Here the same: Le WOWnero can’t do le everything, we HAVE to do stuff as well.

doing this would be difficult, if not impossible, in a programmatically decentralized way. pools can easily just change IP addresses.

also the majority of miners/pool operators don’t care about the health of the network of the coin they are mining. they will mine whatever shitcoin is the most profitable at any given moment, quickly dump and convert to BTC or XMR. you can not expect them to stop mining on the largest pools out of the goodness of their heart.

you can not expect them to stop mining on the largest pools out of the goodness of their heart.

good point, tho there are private pools, right?

most likely. but i am sure they are not that big

No pools is a good thing and things are going to stay that way

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