4 ms·

Well he stopped saying there was no formal security analysis once someone linked him to one, I think. :)

• betterunix 13y ago
  I believe that I responded to that paper at least once. By my memory, the formalization of Bitcoin's security left room for a polynomial time attack on the system. That is a fine restatement of what we already know about Bitcoin, but: 1. It is irrelevant to this thread, because I was only talking about Satoshi's paper. 2. It is not the sort of security people demand out of other cryptosystems. There is a reason nobody uses this: https://en.wikipedia.org/wiki/Merkle%27s_Puzzles https://en.wikipedia.org/wiki/Merkle%27s_Puzzles
  • javert 13y ago
    If someone could link me to the paper in question, I would really appreciate it.
    • nullymcnull 13y ago
      A little late, but I believe this is the paper mentioned: https://socrates1024.s3.amazonaws.com/consensus.pdf https://socrates1024.s3.amazonaws.com/consensus.pdf