StellarStoic on Nostr: That means the rest of the network needs to trust Alice, not the other way around. ...
That means the rest of the network needs to trust Alice, not the other way around.
What stops a malicious actor from creating fake transactions and broadcasting them onto the network, completely ruining the chain?
It’s all there in the whitepaper—Bitcoin is designed the way it is for a reason.
Bitcoin prioritizes security and decentralization over storage efficiency, ensuring that every node can validate the entire history without relying on third parties. What you’re thinking of is a system where the rest of the network relies on each node.
What stops a malicious actor from creating fake transactions and broadcasting them onto the network, completely ruining the chain?
It’s all there in the whitepaper—Bitcoin is designed the way it is for a reason.
Bitcoin prioritizes security and decentralization over storage efficiency, ensuring that every node can validate the entire history without relying on third parties. What you’re thinking of is a system where the rest of the network relies on each node.