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Updated readme.

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Matt 2014-03-14 16:12:26 -06:00
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README.md
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#### Node Open Mining Portal
This portal is an extremely efficient, highly scalable, all-in-one, easy to setup cryptocurrency mining pool written
entirely in Node.js. It contains a [stratum poolserver](https://github.com/zone117x/node-stratum), reward/payment/share
processor (*not yet completed*), and front-end website (*not yet completed*).
entirely in Node.js. It contains a stratum poolserver, reward/payment/share processor (*not yet completed*), and
front-end website (*not yet completed*).
Alternatively, this software also has an [MPOS](https://github.com/MPOS/php-mpos) compatibility mode so that the it can
#### Features
* For the pool server it uses the highly efficient [node-stratum](https://github.com/zone117x/node-stratum) module which
supports vardiff, POW & POS, transaction messages, anti-DDoS, IP banning, several hashing algorithms.
* The portal has an [MPOS](https://github.com/MPOS/php-mpos) compatibility mode so that the it can
function as a drop-in-replacement for [python-stratum-mining](https://github.com/Crypto-Expert/stratum-mining). This
mode can be enabled in the configuration and will insert shares into a MySQL database in the format which MPOS expects.
This software was built from the ground up to run with multiple coins simultaneously (which can have different
properties and hashing algorithms). It can be used to create a pool for a single coin or for multiple coins at once. The pools use clustering to load balance across multiple CPU cores.
* Multi-pool ability - this software was built from the ground up to run with multiple coins simultaneously (which can
have different properties and hashing algorithms). It can be used to create a pool for a single coin or for multiple
coins at once. The pools use clustering to load balance across multiple CPU cores.
For reward/payment processing, shares are inserted into a fast NoSQL key/value database (Redis). Each coin has a
processor that monitors for confirmed submitted blocks then send out payments according to shares accumulated in the
database. The payment/reward method used will be PROP (proportional) - where when a block is submitted and confirmed,
miners are paid based on their shares submitted during the round (a round is the process of searching for a single block).
* For reward/payment processing, shares are inserted into Redis (a fast NoSQL key/value store). The PROP (proportional)
reward system is used. Each and every share will be rewarded - even for rounds resulting in orphaned blocks.
This portal does not have user accounts/logins/registrations. Instead, miners simply use their coin address for stratum
* This portal does not have user accounts/logins/registrations. Instead, miners simply use their coin address for stratum
authentication. A minimalistic HTML5 front-end connects to the portals statistics API to display stats from from each
pool such as connected miners, network/pool difficulty/hash rate, etc.
#### Security
NOMP has some implicit security advantages for pool operators and miners:
* No user registration/login system so non-security-oriented miners reusing passwords across pools is no longer a concern.
* Automated payouts by default and pool profits are sent to another address so pool wallets aren't plump with coins -
giving hackers little reward and keeping your pool from being a target.
* Miners can notice lack of automated payments as a possible early warning sign that an operator is about to run off with their coins.
#### Planned Features
* To reduce variance for pools just starting out which have little to no hashing power a feature is planned which will
@ -41,6 +37,13 @@ of this software. The switching can be controlled using a coin profitability API
(or calculated locally using daemon-reported network difficulties and exchange APIs).
#### Security
NOMP has some implicit security advantages for pool operators and miners:
* Without a registration/login system, non-security-oriented miners reusing passwords across pools is no longer a concern.
* Automated payouts by default and pool profits are sent to another address so pool wallets aren't plump with coins -
giving hackers little reward and keeping your pool from being a target.
* Miners can notice lack of automated payments as a possible early warning sign that an operator is about to run off with their coins.
#### Community / Support
For support and general discussion join IRC #nomp: https://webchat.freenode.net/?channels=#nomp