Dogecoin merge mining
Is there a tutorial on how to do this? Or is there a pool one can just join? How to mergemine all SHA altcoins? Would it let me merge mine them with Bitcoin or the developer would have to implement them?
Do Bitcoin miners verify validity of merge-mined Namecoin blocks? I've been reading a little about merged mining as used in Bitcoin and Namecoin. It seems like merged mining effectively eliminated Namecoin-only mining pools, right? Since Namecoin-only pools are Alin Tomescu 4 Nonce in Merged Mining When mining Bitcoin, the nonce is included in the header, which is then hashed and checked to see if it is below the target threshold.
Everybody can verify that the header does indeed hash below the How does merged mining work on a technical level? In bitcoin, miners hash the header twice with the SHA function. This header consists of the fields listed below, as described by this question. How to set up for merged mining I plan to eventually add litecoin, Dogecoin, and possibly some other scrypt merged-minable coins to my pool.
Are there any tutorials or other information available that would show me how to set my What restrictions does merged mining place on the sidechain? What restrictions are imposed by merged mining on the structure or functionality of a side chain besides it having to use the same PoW schema? For example, could the side chain have a higher block Jorge Stolfi 11 1.
How can I remove the charity features in my Devcoin clone? I'm trying to produce a SHA altcoin which is merge mined with Bitcoin. I'd like to use some recent code, rather than base in on a 0. I've found this source: Complete list of merged mineable coins? Server is running smoothly, but I don'know how to setup my addreses in miner. I have read that you can add for example MON How are block rewards claimed in merged mining? It also adds extra mining rewards, due to the fact for the same amount of work, you would be able to mine both Dogecoin and Litecoin.
They could also reverse transactions done whilst they have control of the hashrate, meaning that they could possibly double spend their coins.
Now, one of the main reasons that Dogecoin and Litecoin is good for the general people is that they will be getting profits from both Litecoin and Dogecoin if they are mining in a good mining pool.
The serious part we need to talk about is the bad sides. Firstly, one coin needs to hard fork to add this. Basically, a hard fork is when an update to the coins protocols make previous invalid transactions valid, and all users need to upgrade. To merge mine a change in protocol is needed, and it is most likely Dogecoin who will need to do the forking, due to the smaller and less spread out user-base and also the fact that, due to its age, it is accepted for less purchases and in less exchanges, making the change of protocol easier.
Secondly, you are going to get mild bloating in the blockchain. Merge mined blocks require more information to prove that it is merge mined, so the blockchain might get a bit more crowded then it normally is, according to Lee. You also cannot undo merge mining without yet another hard fork! This one will be harder to pull of, as who actually wants to give away a chance to get extra money earned per block mined?
Dogecoin has a history of making headlines. On the surface, the vibrant community of Dogecoin seems to be beaming and alive as ever. Yet the Dogecoin community and sub-reddit are falling to low numbers, compared to the amazing amount they had when Dogecoin and the Doge mean were newer. Is this a good idea to merge mine? This will incentivise all miners, because mining these coins will be a joint deal, making it more profitable and therefor more attractive than some other crypto-currencies that are more profitable than the Dogecoin or Litecoin, yet not many will be able to be more profitable than both of them together.