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January 06, 2013, 07:28:22 PM
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http://www.youtube.com/watch?v=gmzV--3iJjo
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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January 07, 2013, 01:21:39 AM
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+1 for the merits of child labor
Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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