Post
Topic
Board Bitcoin Discussion
Re: Theoretical Attack on Bitcoin
by
jonald_fyookball
on 09/07/2014, 20:31:38 UTC
If timestamps were not validated, I think it actually would be a problem because attacker could build a very long chain very quickly and broadcast that whole chain.

No, the attacker cannot build a longer chain. Re-read my first post, I don't know how to make it any clearer.

I see your point now, sorry... but still I think there could still be problems.
Why wouldn't the network build on top of your long chain since you were the first to broadcast it?
Also, it would be a very chaotic situation if you had miners trying to solve at different
difficulty levels.  A lot of reorgs.  And a distinct possibility someone would come out with
X number of cheap blocks.  Such chaos would be very bad for Bitcoin.