Bitcoin Forum
May 17, 2024, 08:58:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Possible 51% attack on bitcoin???  (Read 1081 times)
subzero666 (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
September 28, 2012, 02:20:40 PM
 #1

Related to this Topic https://bitcointalk.org/index.php?topic=113654.msg1228029 probably someone could post from this one to mine (im newbie)  i found this very interesting -->

http://blockchain.info/hub-nodes

131.159.18.37       atbeetz8.informatik.tu-muenchen.de

http://blockchain.info/ip-address/131.159.18.37

Looks like they try massive doublespends to there own Wallet...
http://blockchain.info/address/1VayNert3x1KzbpzMGt2qdqrAThiRovi8

What you think about?

Sorry for my bad english Wink
thepwnorbpwnd
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250



View Profile
September 28, 2012, 02:27:42 PM
 #2

I forgot whose this was but he's a pool owner.
Stephen Gornick
Legendary
*
Offline Offline

Activity: 2506
Merit: 1010


View Profile
September 28, 2012, 02:53:26 PM
 #3

What you think about?

There are various methods to succeed at double spending that do not require the immense amount of resources that a 51% attack would require.

An individual user can attempt a race attack.   Or a solo mining operator or a mining pool can try a Finney attack.  

 - http://en.bitcoin.it/wiki/Double-spending

But there's nothing stopping the broadcasting of invalid transactions that attempt to double spend.   There is a chance this happen accidentally (e.g., having two copies of a wallet and spending from the second copy before the blockchain has finished downloading where it didn't know the coins were already spent).  More likely when these transactions occur it is from fraudulent attempts to double spend.  There have even been legitimate attempts to optimize "coin management" by services like SatoshiDICE that have gone bad and spewed many invalid double spend transactions to the network.


Unichange.me

            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █


sadpandatech
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
September 28, 2012, 03:06:42 PM
 #4

https://bitcointalk.org/index.php?topic=113672.msg1228380#msg1228380

https://bitcointalk.org/index.php?topic=113654.0

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
- GA

It is being worked on by smart people.  -DamienBlack
Monkey1
Hero Member
*****
Offline Offline

Activity: 868
Merit: 500



View Profile
September 28, 2012, 04:06:15 PM
 #5

You will need to be quick to execute a sucessful double spend.  Once it is obvious this has happened, confidence in BTC will plummet and any BTC that you have double spent will become worthless.

            ▄▄█████▄▄
         ▄▄███████████▄▄
      ▄▄█████████████████▄▄
   ▄▄███████████████████████▄▄
 ▄█████████████████████████████▄
█████████████████████████████████
█████████████████████████████████
████████▀▀  ▀██▀       ▀▀████████
███████  ▄████  ███████▄  ███████
███████ █████  ██████████ ███████
███████ ██████████  █████ ███████
███████  ▀███████  ███▀   ███████
████████▄▄        ██   ▄▄████████
█████████████████████████████████
█████████████████████████████████
 ▀█████████████████████████████▀
   ▀▀███████████████████████▀▀
      ▀▀█████████████████▀▀
         ▀▀███████████▀▀
            ▀▀█████▀▀




.THRIVING CRYPTOCURRENCY..
.MARKET WITH CRYPTOBONDS..

▄▄▄▄  ▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ▄▄▄  ▄▄▄▄
████
██
██
██
██
██
██
██
██
██
██
██
██

INITIAL COIN OFFERING
SEPTEMBER 30

    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
██████
         ▄▄████████▄▄
     ▄████████████████▄
   ▄███▀▄▄▄▄▄▄▄ ▀███████▄
  █████ ███████ █▄▀███████
 ██████ ███████ ███▄▀██████
▐██████ ███████▄▄▄▄▄▄ █████▌
▐██████ █▄▄▄▄▄▄▄▄▄▄▄█ █████▌
▐██████ █▄▄▄▄▄▄▄▄▄▄▄█ █████▌
 ██████ █▄▄▄▄▄▄▄▄▄▄▄█ █████
  █████ █▄▄▄▄▄▄▄▄▄▄▄█ ████
   ▀███▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄██▀
     ▀████████████████▀
        ▀▀████████▀▀

...READ THE....
.WHITEPAPER.



        ▄▄████████▄▄
     ▄████████████████▄
   ▄████████████████████▄
  ███████████████▀▀  █████
 ████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
 ████████ █ ▄███▄   ███████
  ████████████████▄▄██████
   ▀████████████████████▀
     ▀████████████████▀
        ▀▀████████▀▀
TWITTER
FACEBOOK
MEDIUM
REDDIT
GITHUB
SLACK
Raoul Duke
aka psy
Legendary
*
Offline Offline

Activity: 1358
Merit: 1002



View Profile
September 28, 2012, 04:11:59 PM
 #6

That address(1VayNert...) belongs to Deepbit.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!