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Chris Priest [ARCHIVE] /
npub18df…ccej
2023-06-07 17:47:00
in reply to nevent1q…qzs6

Chris Priest [ARCHIVE] on Nostr: 📅 Original date posted:2015-12-20 📝 Original message:On 12/19/15, jl2012 ...

📅 Original date posted:2015-12-20
📝 Original message:On 12/19/15, jl2012 <jl2012 at xbt.hk> wrote:
> Chris Priest via bitcoin-dev 於 2015-12-19 22:34 寫到:
>> Block witholding attacks are only possible if you have a majority of
>> hashpower. If you only have 20% hashpower, you can't do this attack.
>> Currently, this attack is only a theoretical attack, as the ones with
>> all the hashpower today are not engaging in this behavior. Even if
>> someone who had a lot of hashpower decided to pull off this attack,
>> they wouldn't be able to disrupt much. Once that time comes, then I
>> think this problem should be solved, until then it should be a low
>> priority. There are more important things to work on in the meantime.
>>
>
> This is not true. For a pool with 5% total hash rate, an attacker only
> needs 0.5% of hash rate to sabotage 10% of their income. It's already
> enough to kill the pool
>
>

This begs the question: If this is such a devastating attack, then why
hasn't this attack brought down every pool in existence? As far as I'm
aware, there are many pools in operation despite this possibility.
Author Public Key
npub18df3zgqr9zt5ah42zpd34rmq6fp7v57vvwmtk20krhrfdczp38ks5xccej