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With regards to /P2SH/, is there even much point in voting with 500MHash or so of hashing power given that the chances of finding a block within the voting timeframe is incredibly slim? Not to mention that my vote will be shadowed out by miners with larger operations.
Is the voting system unfair in this sense? Or if I want my vote to count for more should I just be piling on more MHash to show a greater support of the network? (as in, people with more MHash are entitled to more votes because they help support the network more than I do?)
1There isn't a real answer to this question. Is there a point to mining where you reward is so marginal? The answer is subjective. The voting is not "unfair" like Bitcoin is not "unfair". I suggest you post this at the forums. – ripper234 – 2012-01-25T10:30:51.797
@ripper234 I see your point but I thought it was a valid question. Perhaps a better phrased version would've been "Do pool operators have too much voting power if people don't choose" – Sean Chapman – 2012-01-25T12:20:32.003
I'm not sure it helps a lot. It's a known fact that today Bitcoin is rather centralized due to pools. How much is "too much"? I'm not sure what kind of an answer would be valid here. – ripper234 – 2012-01-25T13:06:16.860
I was implying that "too much" is simply more than the average miner – Sean Chapman – 2012-01-25T14:30:16.567
If you change your question to be about facts, then it has a place. You can change it to "do pool owners actually vote for their entire pool", for which the answer will be "yes". – ripper234 – 2012-01-25T14:53:21.053