Post
Topic
Board Economics
Re: Transactions Withholding Attack
by
AnonyMint
on 18/11/2013, 21:47:34 UTC
Oh, I see, so you envision a world in which everyone uses Amazon.com's wallet app. "The masses" may be stupid, but they're not so stupid that they'll use a wallet service that takes far longer than every other wallet service for their transactions to get confirmed.

But as long as it clears before Amazon ships, nobody will be the wiser.  And if Amazon is putting that much processing power into the network to save a few measly fees, I still think it's a net loss for Amazon (in our hypothetical).

Agreed on your first sentence which is support of my theory.

Disagree on the second sentence. Please re-read my last reply to JoelKatz on the profits cartels make by eliminating the competition.