📅 Original date posted:2015-12-20
📝 Original message:On 12/19/15, jl2012 <jl2012 at xbt.hk> wrote:
> Chris Priest via bitcoin-dev 於 2015-12-19 22:34 寫到:
>> Block witholding attacks are only possible if you have a majority of
>> hashpower. If you only have 20% hashpower, you can't do this attack.
>> Currently, this attack is only a theoretical attack, as the ones with
>> all the hashpower today are not engaging in this behavior. Even if
>> someone who had a lot of hashpower decided to pull off this attack,
>> they wouldn't be able to disrupt much. Once that time comes, then I
>> think this problem should be solved, until then it should be a low
>> priority. There are more important things to work on in the meantime.
>>
>
> This is not true. For a pool with 5% total hash rate, an attacker only
> needs 0.5% of hash rate to sabotage 10% of their income. It's already
> enough to kill the pool
>
>
This begs the question: If this is such a devastating attack, then why
hasn't this attack brought down every pool in existence? As far as I'm
aware, there are many pools in operation despite this possibility.
Chris Priest [ARCHIVE] /
npub18d…xccej
2023-06-07 19:47:00
in reply to nevent1q…qzs6
Author Public Key
npub18df3zgqr9zt5ah42zpd34rmq6fp7v57vvwmtk20krhrfdczp38ks5xccejPublished at
2023-06-07 19:47:00Event JSON
{
"id": "0e5c559b330ec3d4a86962551fce263ea272743821ebea2542f7ce6bed967661",
"pubkey": "3b5311200328974edeaa105b1a8f60d243e653cc63b6bb29f61dc696e04189ed",
"created_at": 1686160020,
"kind": 1,
"tags": [
[
"e",
"29b7621364af8f1f611558ed33ab90fd2b7daff5f620fc02b9ca3019fe1123e5",
"",
"root"
],
[
"e",
"db1587b208940edb02d06f64f12c3f3081b1dc6d700015c8dc07b680cb98afe2",
"",
"reply"
],
[
"p",
"ab1c85bd5ad443631a95b228bd1630bf7acdb27f6de01a960ccfbb077831d7ec"
]
],
"content": "📅 Original date posted:2015-12-20\n📝 Original message:On 12/19/15, jl2012 \u003cjl2012 at xbt.hk\u003e wrote:\n\u003e Chris Priest via bitcoin-dev 於 2015-12-19 22:34 寫到:\n\u003e\u003e Block witholding attacks are only possible if you have a majority of\n\u003e\u003e hashpower. If you only have 20% hashpower, you can't do this attack.\n\u003e\u003e Currently, this attack is only a theoretical attack, as the ones with\n\u003e\u003e all the hashpower today are not engaging in this behavior. Even if\n\u003e\u003e someone who had a lot of hashpower decided to pull off this attack,\n\u003e\u003e they wouldn't be able to disrupt much. Once that time comes, then I\n\u003e\u003e think this problem should be solved, until then it should be a low\n\u003e\u003e priority. There are more important things to work on in the meantime.\n\u003e\u003e\n\u003e\n\u003e This is not true. For a pool with 5% total hash rate, an attacker only\n\u003e needs 0.5% of hash rate to sabotage 10% of their income. It's already\n\u003e enough to kill the pool\n\u003e\n\u003e\n\nThis begs the question: If this is such a devastating attack, then why\nhasn't this attack brought down every pool in existence? As far as I'm\naware, there are many pools in operation despite this possibility.",
"sig": "003b9bf0f94120df40a65e4357a5842c6e53d171c63a3754cb85e4638725cef6b21b771b85809ead1b838c397d27536ffef4be506bf288ca1e73fdef1531e946"
}