F2Pool has manipulated the consensus on the Ethereum network in its favor for over two years. An Israeli study says so .
Put simply: F2Pool has manipulated the timestamps of certain blocks. And that for maybe two years. Since then, the data no longer agree.
According to a researcher told Cryptoslate , this increased rewards by 14 percent.
According to the paper, this is the “first evidence of a consensus-level attack on a major cryptocurrency.”
Currently, Ethereum runs on Proof of Work. Miners provide computing power to keep the network alive. For this they will be rewarded.
In September, they switch to another consensus algorithm, Proof of Stake. Everything about it here .
F2Pool has existed since 2013 and is one of the leading pools in the current Proof of Work network.
The study is still undergoing the peer review process. The results should therefore be treated with caution.
However, it draws on publicly available on-chain data and Ethereum's open-source code to confirm its conclusions.
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