Post
Topic
Board Bitcoin Discussion
Re: Pools With a Significant Hashrate: A Realistic Double Spend Attack Taking 2 Hr
by
Chris Acheson
on 07/07/2011, 11:01:41 UTC
Yes, but listen. IT IS FIXABLE. And smart minds are working on it. It is only the current manifestation of the pool system that allow these pool attacks to work.

http://forum.bitcoin.org/index.php?topic=9137.0

It is possible to have pools work with zero pool attack risk. It is being worked on by smart people. The new system will probably be adopted soon (within 6 months).

That thread hasn't been touched in the past month.  Who, exactly, is working on this?

The fact that this shit is still going on, combined with the ridiculously pollyannaish mentality of most bitcoin users, is seriously alarming.