Hello,
What would happen if some bad people launch 1 million transactions in 1 click? Would the cost be only ~2-5 millions usd ?
Second question in case question 1 does hurts why bad people don't do it right now?
Thank you.
Ssatooshi
PS: I'm talking about really nicely made transactions that look like normal transactions and couldn't really be distinguishable from the rest of the transactions appart from the fact they would have the same ~timestamp.
And we could also think about a slow attack spread over time.
They would go into the nodes mempool waiting to get confirmed, since 1 block only takes in a limited amount of transactions. So then people would have the option to pick a higher transaction fee than the attacker did and his transactions would be stuck for some time. Or other nodes could up their minimum mempool fee rate to be higher than the transactions and they wouldn’t be taken in anymore. So in the end he wasted money on nothing and the network would work just fine.