Ninjastic
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Board Securities
Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
wtfvanity
on 03/03/2013, 01:48:33 UTC
Quote from: Deprived on March 02, 2013, 08:43:15 PM
Quote from: dooglus on March 02, 2013, 08:19:21 PM
Quote from: Deprived on March 02, 2013, 04:21:33 AM
If a pool discards S.DICE transactions but intentionally allows competing transactions from same source to process then the pool only needs a few % of network power for anyone to profitably attack S.DICE by trying to double-spend any losing bets - the few % of times the pool includes the double-spend (and cancels the losing bet) then outweigh the house edge on the rest of bets.  You underestimate the extent to which some are opposed to S.DICE (not me - obviously).

I don't know if you're aware, but there's already a bot that routinely double-spends lots of losing SatoshiDice bets.  Its transactions almost never get picked up by the miners though.  All it would need would be for an anti-SD pool to start deliberately mining the double-spent transactions to make SD unprofitable.  Can you think of anyone with a mining pool who's vocally against SD and has used the pool for morally questionable things in the past?  Wink

I'm sure the person you're thinking of is the one I had in mind when making my comments.

No way. We have someone like that who runs a mining pool? I pray it isn't so.