4 ms·

Correct, the usual problems with Sybil attacks still apply: the point is that the attacker doesn't gain anything from faking addresses.

• Natsu 14y ago
  So can you counter that by having everyone make multiple addresses explicitly (and only using some of them)? Then you could have everyone ante 1/16th bitcoin or whatever minimum is sensible and dispense with the power of two thing, because everybody would have hundreds of wallets in the transaction. Or does that just create a lot of correlations when those coins get consolidated?
  • ezyang 14y ago
    Are we still talking about Sybil attacks?
    • Natsu 14y ago
      It would seem harder to flood out the real traders if each person had to make tons of wallets. That would multiply the work required to have enough identities that you would end up trading only with them.