4 ms·
>(the effort required to double spend a $15 domain would be far more expensive than the benefit) Also the protection against double-spending greatly improved w
by ars_technician 13y ago
>(the effort required to double spend a $15 domain would be far more expensive than the benefit)
Also the protection against double-spending greatly improved with a rapid alert system. http://dl.acm.org/citation.cfm?id=2382292 http://dl.acm.org/citation.cfm?id=2382292
- nicpottier 13y agoThanks for the pointer, that looks interesting. Any idea if the full text is available anywhere for free?
- mh- 13y agohttp://eprint.iacr.org/2012/248.pdf http://eprint.iacr.org/2012/248.pdf
- ars_technician 13y agoSorry, that wasn't as good of a reference as I thought. Somewhere in the presentation for the paper, the authors mention that they worked with the bitcoin client devs (after publication) to get the notify neighbors on double-spend approach rather than silently ignoring. The result is that the information spreads through the p2p network very quickly and notifies both recipients that they are getting shafted.