difficulty-algorithms
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Merge Mining Problems
MM problems:
- Big miners selling coin. But what good is a coin if only your small miners want it?
- Not preventing 51% due to the large majority of parent coin miners not willing or able to MM.
- If the pool's code is lazy, the new template when a child-only block is found may keep the current parent timestamp resulting in same or out-of-sequence stamps, which is a bother.
- Makes blocks very slightly bigger.
- Removing it requires reading our old chats to figure it out. (return to v1 blocks like Karbo did)
In general it just seems to cause problems by having dis-interested miners mining the coin. But it keeps coming up as a potential important way to prevent 51% attacks that result in double spends on exchanges..
See also this.