Ninjastic
Home
Search
Users
Boards
Addresses
Ctrl + K
Toggle theme
Open menu
Post
Edited versions
Quotes to this post
Post
7418863
Topic
88208
Board
Development & Technical Discussion
Re: Ultimate blockchain compression w/ trust-free lite nodes
by
instagibbs
on
20/06/2014, 15:22:52 UTC
Quote from: sugarpuff on June 20, 2014, 03:14:18 PM
Edited point 1 in above post of mine to state:
1. The ledger block of the honest nodes will contain transactions that
can be verified to have thousands of confirmations
.
Ok, well again, this is still SPV-like security(block depth). That's the definition of the security model. Practically you might feel it's ok, but it's certainly a different security model than Bitcoin full node security.