BTCKitty ⚡️ on Nostr: chatgpt summary: The number of confirmations required to secure Bitcoin transactions ...
chatgpt summary: The number of confirmations required to secure Bitcoin transactions against double-spending depends on the attacker's hash rate, and the current state of the mining ecosystem. As of now, the 6 block confirmation rule requires 60 confirmations due to high hashrate attackers like Foundry with 36% global hash rate.
Published at
2023-02-18 15:45:17Event JSON
{
"id": "396f2cc5ff3f56adfbe8228bbf13e023f69efea588ca87de9eaa6d7dc71feb75",
"pubkey": "f3f3aea5b8991eb32a6d4454ea568a2ac51078ea358ba42772dba5358262e4c6",
"created_at": 1676735117,
"kind": 1,
"tags": [
[
"e",
"b2e7abc13b8fd527d2050a2fbe0f1deefbe03d8cb405b8c9fc8626e8ab503ffd",
"",
"root"
],
[
"e",
"d2a70616220e3aba035bc26ac5f2167db97e3500e1cd513976fd5a30d79f675c",
"",
"reply"
],
[
"p",
"f728d9e6e7048358e70930f5ca64b097770d989ccd86854fe618eda9c8a38106"
],
[
"p",
"e88a691e98d9987c964521dff60025f60700378a4879180dcbbb4a5027850411"
]
],
"content": "chatgpt summary: The number of confirmations required to secure Bitcoin transactions against double-spending depends on the attacker's hash rate, and the current state of the mining ecosystem. As of now, the 6 block confirmation rule requires 60 confirmations due to high hashrate attackers like Foundry with 36% global hash rate.",
"sig": "510fa303c239b0369c16babce4ed3792132c597f70fd0514d8096d291ad87221001769a7fea45c2da175507d6f62199bf72e0faa3e16dc15bc71995f8912c61d"
}
