Post
Topic
Board Bitcoin Discussion
Re: From the desk of Tom Williams, operator of MyBitcoin.com
by
just_someguy
on 01/07/2011, 02:06:53 UTC
MyBitcoin is still accepting payments with only 1 confirmation. This is insane for a bank. Any miner capable of mining two blocks in a row can steal money from MyBitcoin pretty easily. I'm surprised no one has attempted it yet.

There's another attack made possible by accepting payments with less than 6 confirmations that would allow you to see exactly which coins MyBitcoin has, and possibly do other damage.

Don't leave us hanging! As long as it doesn't allow someone to go right out and do it what is the < 6 block attack?