tevador: updated the proposal with your clarification

sech1: also noted your concern about security deposits

regarding security deposits point, wouldn't the large pools require more than 1 block reward deposit if they are mining many blocks in a given time frame.

for an example, in the case of wownero, c3pool has mined 53% out of the last 100 blocks. wouldn't large pools demand higher deposit requirements than smaller ones?

wowario it depends on how many blocks a single miner can mine within block unlock period. So it might be 1 block reward for each MH/s or something.

Because as soon as the pool sees that block reward was stolen, it bans that miner

wownero has dynamic coinbase unlock times up to 1 month

After the ban, the only thing that a miner can steal are pending blocks mined by him

Also, signing with private spend key makes botnets impossible. Anyone can steal the keys from infected PCs, lol

was considering even bumping up the unlock times up to 1 year git.wownero.com/wowario/wownero/com…1c5176131edf9cc7109cf816ef88083cb88

it can be solved by generating different key for each PC in the botnet though

and changing that key every block for all PCs

it puts relatively high load on the botnet controlling servers

same logic applies to dev fee. xmrig can generate different keys for each connection, so even if the miner decides to steal the block, it's just equivalent of that miner disabling dev fee

yeah, the majority of miners who don't bother with compiling binaries without the dev fee, wouldn't go through the trouble of stealing blocks and frequently changing addresses

they usually follow the path of least resistance

dev fee and botnets are still possible, but pools will require deposits to remove incentive of stealing blocks

because if you mine a block in a pool, you only get a small share of it if you don't steal it

with botnets/dev fee stealing a single key is equivalent to just using that PC all for yourself if that key is only used once