Re: [Bitcoin-development] Fwd: Block Size Increase Requirements‏

2015-06-02 Thread Nathan Cook
On 2 June 2015 at 14:26, Mike Hearn m...@plan99.net wrote: But the majority of the hashrate can now perform double spends on your chain! They can send bitcoins to exchanges, sell it, extract the money and build a new longer chain to get their bitcoins back. Obviously if the majority of the

Re: [Bitcoin-development] Fwd: Block Size Increase Requirements‏

2015-06-02 Thread Mike Hearn
But the majority of the hashrate can now perform double spends on your chain! They can send bitcoins to exchanges, sell it, extract the money and build a new longer chain to get their bitcoins back. Obviously if the majority of the mining hash rate is doing double spending attacks on