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From: Pieter Wuille <pieter.wuille@gmail.com>
To: Paul Rabahy <prabahy@gmail.com>
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Chain pruning
Date: Thu, 10 Apr 2014 20:32:40 +0200	[thread overview]
Message-ID: <CAPg+sBiRFJT6zC=7oMMzJuU-06oxgZ4Q-1kD+pCitw1JmAFs7Q@mail.gmail.com> (raw)
In-Reply-To: <CADu7o8PD4Wkgx_X_aOHXHe8UA-OE9v5YZ4boMrX7LDVu6agfpQ@mail.gmail.com>

On Thu, Apr 10, 2014 at 8:19 PM, Paul Rabahy <prabahy@gmail.com> wrote:
> Please let me know if I have missed something.

A 51% attack can make you believe you were paid, while you weren't.

Full node security right now validates everything - there is no way
you can ever be made to believe something invalid. The only attacks
against it are about which version of valid history eventually gets
chosen.

If you trust hashrate for determining which UTXO set is valid, a 51%
attack becomes worse in that you can be made to believe a version of
history which is in fact invalid.

-- 
Pieter



  reply	other threads:[~2014-04-10 18:32 UTC|newest]

Thread overview: 21+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-04-10 11:37 [Bitcoin-development] Chain pruning Mike Hearn
2014-04-10 11:57 ` Wladimir
2014-04-10 12:10   ` Gregory Maxwell
2014-04-10 14:19     ` Wladimir
2014-04-10 16:23       ` Brian Hoffman
2014-04-10 16:28         ` Mike Hearn
2014-04-10 16:47           ` Brian Hoffman
2014-04-10 16:54             ` Ricardo Filipe
2014-04-10 16:56               ` Brian Hoffman
2014-04-10 16:59             ` Pieter Wuille
2014-04-10 17:06               ` Brian Hoffman
2014-04-10 18:19               ` Paul Rabahy
2014-04-10 18:32                 ` Pieter Wuille [this message]
2014-04-10 20:12                   ` Tier Nolan
2014-04-10 20:29                     ` Pieter Wuille
2014-04-10 19:36                 ` Mark Friedenbach
2014-04-10 21:34               ` Jesus Cea
2014-04-10 22:15                 ` Mark Friedenbach
2014-04-10 22:24                   ` Jesus Cea
2014-04-10 22:33                     ` Gregory Maxwell
2014-04-10 16:52           ` Ricardo Filipe

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