Post
Topic
Board Development & Technical Discussion
Re: The way how to double protection bitcoin network against 51% attack
by
BeeCee1
on 24/12/2011, 03:16:15 UTC
My service would essentially be to offer a tiebreaker to choose the more legitimate of two competing blocks, each hint I sign would be open to scrutiny.  If I start publishing crap (for example, I am favoring a revision of a block that contains an obvious double spend against an earlier revision of that same block, or condemning a block with perfectly valid transactions, or am attempting to roll back several blocks at the same time without a flamingly obvious well-known good reason), people would see this, they would ignore me and go elsewhere for the same service.
But it would take hours, if not days for enough people to notice and start ignoring you.  In that time a lot of damage would be done.