Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is not as advertised
by
MoonShadow
on 08/11/2010, 19:18:28 UTC
The way things are now you could theoretically be taken over by an entity with massive computational resources creating the largest proof of work blockchain and this means "might is right".

Weird. Even with the locks in source code ?
I thought we were talking that the "checkpoints" in source make that kind of attack impossible.


It's still not impossible, but it is astronomicly unlikely.  At least beyond the last checkpoint honored by the majority of the nodes on the network.

But yes, that is the point of it.