Post
Topic
Board Altcoin Discussion
Re: Decentralized Timestamp
by
ChuckOne
on 20/05/2014, 21:06:36 UTC
In a double spend attack (including a "51% attack) the attacker would be the one generating the sequence of blocks.  That means each block relies on the prior block also made by the attacker.  The attacker signs a block and if it doesn't allow him to forge the next block, just keeps resigning it until it does (as pointed out a single digest can have an infinite number of unique signatures by changing the k value). The attacker attempts signatures until he produces a one which allows him to sign the next block as well.  The attacker then moves on to the next block.  If this seems kind of like a PoW it is.

Let me correct this nonsense.

As no ECDSA is involved and the only thing that can be used in

generation_signature_hash = sha256(generation_signature_of_current_block + my_public_key) <<<<< + means concat

to manipulate are:

generation_signature_of_current_block  << fixed by the previous block
my_public_key                                  << fixed by the number of accounts an attacker has


So, the only thing he can do, is to create billions of accounts holding at least >0 NXT to try out each of them.