rich1.0npub1swfeusu3ua9trup00qcnrgc2yndksyvgku4epk5tec7u4fmrez6qxpul5thttps://nostr.ae/npub1swfeusu3ua9trup00qcnrgc2yndksyvgku4epk5tec7u4fmrez6qxpul5tnjumphttps://nostr.ae📅 Original date posted:2015-02-12 📝 Original message:> Yes, like any P2P network Bitcoin cannot work if a sufficiently large > number of miners decide to attack it. > 1. They won't be attacking Bitcoin, they will attack merchants who accept payments with 0 confirmations. This attack has nothing to do with Bitcoin consensus mechanism (as Bitcoin protocol doesn't provide a consensus over mempool contents), thus it is not an attack on Bitcoin. 2. In the example I used, having 10% of hashpower is enough to offer 10% success rate. Would you mind having 1 out of 10 hamburgers for free? If a system can be attacked by a tiny fraction, it is a shitty system. -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150212/a6b9081f/attachment.html>