I am looking for few people, that want to Unite and try to farm Chia together (I don’t want to waste plots I made) and honestly I feel like normal pooling will be available on July. I have several ideas to authenticate, also we can have some kind of daily calls to just discuss where we are and maybe meet each other a little bit It doesn’t matter what is Your size now - if You still plotting - let’s talk!
I’m at 230 mark (I have some K33s, 1 or 2 K44(s)), still plotting daily.
So, you want to farm together, that is fine.
The problem is: I don’t want to replot with anyone’s keys. And nobody would want to replot with my keys (I don’t want that either).
In the end, even we farm “together”, we’ll be farming with own separate keys. (=which changes ABSOLUTELY nothing)
If your idea is something different than that, discuss it here, please, we would listen.
I don’t such a system is practical given that everyone joins with plots associated with keys in the individual’s possession. It only puts innocent people at risk of not receiving the share of rewards they deserve because whoever wins a block could just immediately transfer the funds.
A trusted system like that of hash mining pools can be achieved quite easily with the help of some technical insight and coding skills, like what Hpool has done.
Yeah, but auditing would show that key had transferred the XCH- it’s in the blockchain.
You would have to put up some sort of deposit which you get back with your rewards, and by the time you have it back you’ve earned the trust of the group. It’s not worth losing $500 to steal $800.
Hpool is flawed. Yes, they have complex checks in place to check if your plots are still valid, and you also have to hand over your private key to Hpool to prevent cheating. Even with these measures, people still find ways to circumvent Hpool, for example they farm solo with the plots at the same time as reporting to Hpool to get a share of the pool rewards while not contributing (immediately sending out your winnings), or they inflate their numbers with fake plots to get a higher reward amount.
You can send them plots made with your key for them to farm without exposing your key, but they cannot make plots with your key without knowing your private key. Additionally, they would have to trust you not to run with the funds.