Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
maaku
on 02/04/2014, 22:54:50 UTC
As I said in the text you quoted, a filtered average over previous blocks solves this. Unless you are assuming the attacker has majority hashrate, in which case you're screwed anyway.

An attacker who wanted to give a false impression of market depthactivity and/or prices could simply publish completed transactions to himself on the blockchain and have nothing to do with the mining process.  These transactions would never be propagated as unfilled orders on the network, only as completed transactions.  Forcing unfilled orders to propagate through the network, and be published in the blockchain, ensures that these orders are real, as they could be matched and filled by anybody.

Pay attention to the bolded words.