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smrtfckr
searching PlanetScale…
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4 ms
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by
smrtfckr
9y ago
1) No, the whole implementation of the ledger is written in ternary. Its current hasing function is called Kerl. The vulnerability that DCI claimed existed is impossible to be used in the wild because an attacker would have to have seed lev
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smrtfckr
9y ago
1) In order for the attack to succeed, the attacker would have to have access to the seed at which point the entire thing becomes moot. 2) The android wallet has seed generation. So it's not a question of "refusal", more a qu
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smrtfckr
9y ago
IOTA is built for the internet of things and more specifically for sensors operating in the field. Perhaps with limited acces, perhaps with long intervals between service periods. Generally, you would't care about an 8 fold efficiency
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smrtfckr
9y ago
Still not a double spend.
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smrtfckr
9y ago
You're conflating a lot of things here. Racing a fraudulent transaction to have a legitimate one confirm faster is not a double spend, like at all. Up until the moment one of the transactions confirms, no funds have changed hands. What