Post
Topic
Board Bitcoin Discussion
Re: The Golden Ratio Attack. Blocks more than half full lead to mining monopoly.
by
achow101
on 16/07/2015, 02:15:13 UTC
So a block size limit increase would fix the problem because for this to be profitable, the attacker needs to have at least half of the block be legitimate transactions and that there still be a backlog of transactions, yes? And since there isn't that much real transaction volume, raising the limit to the suggested compromise of 8 Mb would solve this issue for now since it suddenly becomes unprofitable to continue to attack until transaction volume increases.