Post
Topic
Board Economics
Re: Transactions Withholding Attack
by
AnonyMint
on 17/11/2013, 10:57:55 UTC
JoelKatz implied or asked if cartels might prefer to not send the transaction to the Bitcoin blockchain ever. And keep them offchain.

P.S. I don't think they would choose that strategy, so please stop cluttering this thread with this off-topic discussion on not understanding the Bitcoin technology. If you still don't understand, please send me a PM and I will explain there. I am not angry, I appreciate your posts, but please in PM so I can explain without burdening the thread okay.

If we aren't sending them to the blockchain ever then we are using Cartel-Coins, not bitcoins.

Exactly. That is what JoelKatz suggested. I never suggested that attack. It has nothing to do with my attack. You are conflating what JoelKatz wrote with the attack I have described. Please stop doing that.

Look, you don't make any sense.

You don't have sufficient understanding. The others here understand that I do make sense. They may disagree with whether the attack I described is likely or not, but they don't say I make no sense.

JoelKatz's attack is not likely in my opinion, so I don't know why you continue to discuss it in my thread.

If I send bitcoins to my cartel wallet, I don't control those bitcoins anymore.  What I have now is a claim for those bitcoins from the cartel.

Agreed in JoelKatz's attack. But that is not the attack I described in my OP. Go talk to JoelKatz about his attack in another thread. That is not the attack I described.

P.S I'm not cluttering this thread, your theoretical attack is baseless at best.  You proclaim to be the expert and look down upon other people, yet you can't even understand off-chain transactions.

Trust me, there are many people here reading and they understand you don't understand. It is very obvious you don't understand. You think JoelKatz's attack is my attack.