Post
Topic
Board Bitcoin Discussion
Re: Best practice for fast transaction acceptance - how high is the risk?
by
Gavin Andresen
on 14/02/2011, 18:24:59 UTC
To cheat you, when he generates a block, he doesn't broadcast it. Instead, he runs down to your store...

I think the real danger is that a large mining operator would create a side business selling space in their blocks for these types of intentional double-spends.  When they generate a block they could send a text message to a bunch of people saying "try to spend NOW".

I wonder if there's some way to discourage that kind of anti-social behavior; could the network detect that was being done and "shun" that miner's blocks?