this attack dwarfs a 51% attack by several orders of magnitude. Does this attack have a name or wiki-page yet?
Wat? 15-20% is now "several orders of maginitude" different than 51%?
Can we get some numerically literate commentary PUHLEASE.
i was talking about the fatality of the attack which would be enorm compared to a little doublespend.
Do you even comprehend the topic or you just try to deny it without even looking at/understanding it?
What the guy means is total doomsday; and relatively cheap considered the possible successrate and impact.
To resolve this issue one would need to hardfork bitcoin and change difficulty retarget. It's a total vulnerability as it is now.