Post
Topic
Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
Cryddit
on 16/02/2015, 21:52:18 UTC

To expand on my previous post, there is also the matter of the sell pressure that will come from us "anti-forkers." So not only will Gavin's spambots need to support the usual 36 hundred bitcoin mined per day, but they will have to take on thousands if not millions of double-spent coins that were purchased before the fork. It's really comical that you guys think you have even the slightest sliver of a chance to win this thing. But by all means, quote me and laugh; I'll have the last one.

Seriously?  Your interest in this whole thing is for nothing but figuring out a way to steal?  What a pathetic piece of crap you are.  But, okay, let's run with it.

Let's say you take an output from your hip pocket, and then make two conflicting transactions -- one that sends it to your coat pocket and one that sends it to your shirt pocket.   After a few tries, you get the <1MB chain to think it's in your coat pocket and the >1MB chain to think it's in your shirt pocket.  Success!  Now you can make transactions that are valid only in one chain, so you can attempt to steal stuff from people by double spending!

Now, think about this.  Which set of people can you steal stuff from by double spending?  The ones who are getting tx accepted within 10 minutes and reach confirmation depth within an hour, or the ones who are getting 1/7 of their tx accepted in a given 3.3-hour span, and which, even when accepted, don't reach confirmation depth for a day and a half?

The people who are vulnerable to your double spending scam are the ones on the <1MB chain.  And when some bastard manages to scam you because you got stuck on the losing side of a hard fork, then the way to get safe is to get the hell off that crippled damn thing and onto the main branch.

It is in fact thieves like yourself who will do us the favor of putting the <1MB chain out of its misery.  The fact that you will do so by ripping people off and driving your victims away is despicable.