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Title: Bitcoinweekly suggests a guard against the 51% problem Post by: pokwer on June 14, 2011, 01:42:38 PM So, since I'm a newbie and locked out of the main forum, I'll post my stupidnoobquestion here. To be fair, it's probably for the best since I'd likely get flamed out for being a repetitive troll otherwise... but... I haven't seen this particular suggestion before:
From http://bitcoinweekly.com/articles/taking-down-the-bitcoin-network (http://bitcoinweekly.com/articles/taking-down-the-bitcoin-network) : Quote If it is technically viable, I would suggest that the network be configured now to reject any block from a source with 50% or greater of the processing power. I'm afraid I don't have the technical knowledge to explain how, or even know if it's possible to pre-configure that, but it is something I would like to see, as it would close the only real security hole Bitcoin has. Is this possible? Is it a sensible solution? Cheers. Title: Re: Bitcoinweekly suggests a guard against the 51% problem Post by: SomeoneWeird on June 14, 2011, 01:44:38 PM So, since I'm a newbie and locked out of the main forum, I'll post my stupidnoobquestion here. To be fair, it's probably for the best since I'd likely get flamed out for being a repetitive troll otherwise... but... I haven't seen this particular suggestion before: From http://bitcoinweekly.com/articles/taking-down-the-bitcoin-network (http://bitcoinweekly.com/articles/taking-down-the-bitcoin-network) : Quote If it is technically viable, I would suggest that the network be configured now to reject any block from a source with 50% or greater of the processing power. I'm afraid I don't have the technical knowledge to explain how, or even know if it's possible to pre-configure that, but it is something I would like to see, as it would close the only real security hole Bitcoin has. Is this possible? Is it a sensible solution? Cheers. AFAIK, theres no way for the network to know who the block is coming from. Title: Re: Bitcoinweekly suggests a guard against the 51% problem Post by: notnatural on May 22, 2013, 05:50:40 AM need to get my post up so i can post some outside of Newbie thank
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