Re: [bitcoin-dev] Miner dilution attack on Bitcoin - is that something plausible?

2018-06-18 Thread Bryan Bishop via bitcoin-dev
On Mon, Jun 18, 2018 at 3:40 PM, Bram Cohen via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > Not sure what you're saying here. The block rate can't be particularly > increased or decreased in the long run due to the work difficulty > adjustment getting you roughly back where you s

Re: [bitcoin-dev] Miner dilution attack on Bitcoin - is that something plausible?

2018-06-18 Thread Laszlo Hanyecz via bitcoin-dev
On 2018-06-18 18:34, Артём Литвинович via bitcoin-dev wrote: Suppose a malicious actor were to acquire a majority of hash power, and proceed to use that hash power to produce valid, but empty blocks. https://github.com/libbitcoin/libbitcoin/wiki/Empty-Block-Fallacy ___

Re: [bitcoin-dev] Miner dilution attack on Bitcoin - is that something plausible?

2018-06-18 Thread Bram Cohen via bitcoin-dev
Not sure what you're saying here. The block rate can't be particularly increased or decreased in the long run due to the work difficulty adjustment getting you roughly back where you started no matter what. Someone could DOS the system by producing empty blocks, sure, that's a central attack of wha

[bitcoin-dev] Miner dilution attack on Bitcoin - is that something plausible?

2018-06-18 Thread Артём Литвинович via bitcoin-dev
Dilution is a potential attack i randomly came up with in a Twitter arguement and couldn't find any references to or convincing arguments of it being implausible. Suppose a malicious actor were to acquire a majority of hash power, and proceed to use that hash power to produce valid, but empty bloc