We outline a small change to the Bitcoin mining protocol that rules out big, public mining pools. It preserves the current investment in Bitcoin by both existing users and by existing miners. It presents a fix to GHash's recent 51% excursion.
LevelDB is a popular data back end and in use at Google, Facebook,
and many startups. In this article we discuss some concurrency
improvements we've made to LevelDB as part of the HyperLevelDB
A Bitcoin mining pool, called GHash and operated by an anonymous entity called CEX.io, just reached 51% of total network mining power today. Bitcoin is no longer decentralized. This note describes what we should do about it.
Emin Gün Sirer
Hacker and professor at Cornell, with interests that span distributed
systems, OSes and networking. Current projects include HyperDex, OpenReplica
and the Nexus OS. more...