Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
NewLiberty
on 21/11/2014, 01:30:02 UTC
back up a step.  miners get paid to insert those CP records into satoshi tx's in the first place which incentivizes mining growth and thus more security and thus less chance for subsequent attack on those same satoshi tx's.  now move all these CP tx fees off to a SC that can't be MM'd.  this deprecates the MC.  and there will be thousands of these insecure SC's as i think only a few SC's will be MM'd due to mining capacity constraints.

Merge mining may tend to make a SC less secure rather than more unless it is super popular already.
Any MM SC with a shortish SPV confirmation time is going to be DOA if there is any value to be taken from a double spend.  There are a heck of a lot of ASICs out there.