Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: Fake block timestamps can cause a temporary fork?
by
Peter Todd
on 19/01/2015, 18:40:39 UTC
⭐ Merited by gmaxwell (1)
Why would a miner want only half the network to build on their block?

That makes no sense... what is the +2hr timestamp miner trying to accomplish?


It's been known for awhile now that if a miner wishes to find more blocks than their competition - equally get more fees - they have no incentive to broadcast their blocks to more than ~30% of the hashing power. Re-deriving that number from first principles is a nice exercise in applying some basic highschool math to miner incentives. The well-known selfish mining is another example of this principle, albeit in a more advanced - active - context.