Post
Topic
Board Development & Technical Discussion
Re: Timejacking & Bitcoin
by
2112
on 22/09/2011, 13:35:28 UTC
The huge majority of stratum 1 NTP nodes are getting their feed from GPS, so trust in NTP is essentially trust in the US Government.
A huge majority of internet routers use NTP. A huge majority of the long distance synchronous optical links use GPS to synchronize clocks. To use the IP protocol is essentially to trust in the US Goverment.

Any sufficiently self-deluded internet cryptoanarchist is indistinguishable from a crackpot.

The un-deluded cryptoanarchist would probably research how to transmit bitcoin over shortwave radio. Or better yet, use VHF/UHF moon bounce (EME). It is the only way to be safe.