Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: CautiousFan on July 28, 2010, 06:13:02 PM



Title: Incentives
Post by: CautiousFan on July 28, 2010, 06:13:02 PM
What's my incentive for checking for doublespending?  I know if everyone stopped the system fails, but, I'm best off if I can participate in the system while cheating by not performing this check since it consumes my resources.  If I understand this correctly, the only thing currently preventing me form cheating (besides lack of technical skill) is my own internal since of fairness & social good.  Is this correct?


Title: Re: Incentives
Post by: Gavin Andresen on July 28, 2010, 06:15:02 PM
If you include a double-spent transaction in a block you generate, then that block will be rejected and you don't get your 50BTC reward.


Title: Re: Incentives
Post by: CautiousFan on July 31, 2010, 01:52:48 AM
Awwww snap.  The bitcoin wikipedia article has been deleted due to insufficient independent sources.