4 ms·
More importantly, I believe, is the fact that nobody can stop alternative implementations from existing on the network. Attackers are probably already tinkerin
by evv 13y ago
More importantly, I believe, is the fact that nobody can stop alternative implementations from existing on the network.
Attackers are probably already tinkering with custom BTC clients, attempting to abuse the system. If this were really a concern, it is far too late.
The smart bitcoin users will choose the best client available, not just the default one.
- betterunix 13y ago"The smart bitcoin users will choose the best client available, not just the default one." What you are saying is that the security of Bitcoin depends on everyone other than the smart users. If the block chain is forked because of an incompatibility between two Bitcoin clients, the fact that smart users choose the "best" client is irrelevant; you need most users to choose that client. You should not rely on most of the users of a cryptosystem to be "smart" about using it: http://www.securius.com/newsletters/Security_Through_Usability.html http://www.securius.com/newsletters/Security_Through_Usabili...
- nullc 13y agoNot simply "most": "Virtually all". A split that was near 50/50 (e.g. 'most') would be an utterly pessimal outcome, while a 99.9/0.01 split is probably pretty harmless, at least if you talk in terms weighed by some kind of amorphous economic significance.