Adam Back [ARCHIVE] on Nostr: 📅 Original date posted:2015-09-08 📝 Original message:> A selfish mining attack ...
📅 Original date posted:2015-09-08
📝 Original message:> A selfish mining attack would have to be performed for at least 2000 blocks over a period of 4 weeks in order to achieve a meager 10% increase in the block size.
You seem to be analysing a different attack - I mean that if someone
has enough hashrate to do a selfish mining attack, then setting up a
system that has no means to reduce block-size risks that at a point
where there is excess block-size they can use that free transaction
space to amplify selfish mining instead of collecting transaction
fees.
Adam
📝 Original message:> A selfish mining attack would have to be performed for at least 2000 blocks over a period of 4 weeks in order to achieve a meager 10% increase in the block size.
You seem to be analysing a different attack - I mean that if someone
has enough hashrate to do a selfish mining attack, then setting up a
system that has no means to reduce block-size risks that at a point
where there is excess block-size they can use that free transaction
space to amplify selfish mining instead of collecting transaction
fees.
Adam