3 ms·
1. Bid 20% of the value for your account, pretending that you lost the key. 2. HFT-style actor bids 21% (or 99%, or whatever). 3. Resolve all challenges because
by tgsovlerkhgsel 7y ago
1. Bid 20% of the value for your account, pretending that you lost the key.
2. HFT-style actor bids 21% (or 99%, or whatever).
3. Resolve all challenges because the key wasn't actually lost, get your original bid back, and get the actor's bid.
- sterlind 7y agoSeems like this is the only solution that works, since it makes it a zero-sum game. I like it, good braining. The resulting cat-and-mouse game would double as a replacement for SatoshiDice. Also, it'd let the network clean up dust and recover money sent to invalid addresses.
- semi-extrinsic 7y agoIt's a good strategy. But then you need there to be a stable equilibrium state that doesn't cost people too much money, not sure if the present system has that?