Comment on Over 2 percent of the US’s electricity generation now goes to bitcoin

• TypicalHog@lemm.ee ⁨11⁩ ⁨months⁩ ago

  Well… Cardano has like 30 different pools that add up to 50+% of the block production.
  If something sus was happening with one or more of those - people can just leave them.
  Same thing but 30 is better than 2.

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  • NotMyOldRedditName@lemmy.world ⁨11⁩ ⁨months⁩ ago

    Definitely agree, 2 isn’t ideal, and there’s some level of trust happening there because of it.

    There’s been pushes over the years to get people to split apart more, and I’m pretty sure there was a significant split due to this at least once in the past.

    It’s gotta be either something like reliability, ui/ux, ease of setup, otherwise all I can come up with is a larger pool pays out smaller amounts more consistently and people prefer that?

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    • TypicalHog@lemm.ee ⁨11⁩ ⁨months⁩ ago

      We in Cardano have a “saturation” limit per pool. So if you have more than like 70M ADA, you don’t get rewards for anything above that. This encourages people with a lot of ADA (either theirs or delegated to them) to run multiple pools. We call them multi pool operators. Cardano community has a really strong sentiment against delegating to multi pools. And if you are wondering if that figure I mentioned earlier (30 pools to reach 50+%) is just a few entities with many pools. No - this is actually 30 individual MPOs (multi pool operators).

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      • NotMyOldRedditName@lemmy.world ⁨11⁩ ⁨months⁩ ago

        That’s a pretty cool way to address the problem. I originally wrote solution, but that’s not really a solution since it could just be multi pools, but by putting a barrier in place like that to discourage it, it should lessen the problem.

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