Post
Topic
Board Bitcoin Discussion
Re: Cost of bringing the Bitcoin network to a halt.
by
auzaar
on 11/06/2014, 04:56:22 UTC
What is the flaw in this if any?

https://pay.reddit.com/r/Buttcoin/comments/27tk65/quick_calculation_cost_of_bringing_the_bitcoin/

What stops a person with old-coins to bring transaction processing to crawl by spending his bitcoins in creating max transactions?

I am no expert but I would think such an attack would be counter to the holders interest. If they can't move their bit coin it becomes worthless. 

Btw I should re-state my question, I am not asking why that person should not do it, question is will it work or not if he decided to do that.