On Wed, Oct 14, 2015 at 2:12 PM, Bryan Bishop <kanz...@gmail.com> wrote:
> On Wed, Oct 14, 2015 at 1:02 PM, Emin Gün Sirer > <bitcoin-dev@lists.linuxfoundation.org> wrote: > > while the whitepaper has all the nitty gritty details: > > http://arxiv.org/abs/1510.02037 > > Taking reward compensation back by fraud proofs is not enough to fix > the problems associated with double spending (such as, everyone has to > wait for the "real" confirmations instead of the "possibly > double-spend" confirmations). Some of this was discussed in -wizards > recently: > http://gnusha.org/bitcoin-wizards/2015-09-19.log Fraud proof removes all the attacker's revenue. It's like the attacker sacrifices an entire block for double spending in the current system. I think Luke-Jr got it right at that discussion. Best, Ittay
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