Post
Topic
Board Development & Technical Discussion
Re: Ultimate blockchain compression w/ trust-free lite nodes
by
instagibbs
on 20/06/2014, 15:22:52 UTC
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.