Bitcoin Forum
December 05, 2016, 08:32:45 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Let's say the Bitcoin network splits...  (Read 850 times)
Anonymous
Guest

June 17, 2011, 07:11:19 PM
 #1

Scenario: The state has been holding outright war against Bitcoin nodes and has split the infrastructure in several places, separating the Bitcoin network into two pieces, possibly more.

What are the implications?
1480926765
Hero Member
*
Offline Offline

Posts: 1480926765

View Profile Personal Message (Offline)

Ignore
1480926765
Reply with quote  #2

1480926765
Report to moderator
1480926765
Hero Member
*
Offline Offline

Posts: 1480926765

View Profile Personal Message (Offline)

Ignore
1480926765
Reply with quote  #2

1480926765
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480926765
Hero Member
*
Offline Offline

Posts: 1480926765

View Profile Personal Message (Offline)

Ignore
1480926765
Reply with quote  #2

1480926765
Report to moderator
1480926765
Hero Member
*
Offline Offline

Posts: 1480926765

View Profile Personal Message (Offline)

Ignore
1480926765
Reply with quote  #2

1480926765
Report to moderator
Anonymous
Guest

June 17, 2011, 07:22:02 PM
 #2

bump
koin
Legendary
*
Offline Offline

Activity: 874


View Profile
June 17, 2011, 07:30:59 PM
 #3

What are the implications?

that fraud by the state has gone from implicit to explicit?
lonestranger
Member
**
Offline Offline

Activity: 115


I like long walks on the beach, shaving my head...


View Profile
June 17, 2011, 07:34:01 PM
 #4

Scenario: The state has been holding outright war against Bitcoin nodes and has split the infrastructure in several places, separating the Bitcoin network into two pieces, possibly more.

What are the implications?

I don't know what you mean. First, what is a node? Is this each instance of the client? Second, what is 'infrastructure'? Is this the block chain?
TiagoTiago
Hero Member
*****
Offline Offline

Activity: 616


Firstbits.com/1fg4i                :Ƀ


View Profile
June 17, 2011, 07:55:10 PM
 #5

If there is hopes the network will later coalesce again, or there is chance people will be smuggling the blockchain  back and forth between fragments by sneakernet, people who know or suspect they are not in the biggest  chunk of the split network should refrain from mining at the risk of loosing the 50 bucks they earned by the time the chain gets merged, and people receiving money should try to track down when and where those coins were cyberminted and refuse to accept coins that didn't came from the biggest chunk of the divided network nor from before the split.

I'm not quite sure what  happens to transfer fees though.

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

Do you like mmmBananas?!
WNS
Jr. Member
*
Offline Offline

Activity: 39


View Profile
June 17, 2011, 08:03:52 PM
 #6

Scenario: The state has been holding outright war against Bitcoin nodes and has split the infrastructure in several places

Meaning shut down the internet? or simply added enough hashing power to dominate the block-chain?

In case 1, it only takes a couple tor tunnels to stitch the whole thing back together.

In case 2 the Gov nodes are ignored as soon as they break the protocol rules and cause a fork, or their work is accepted as the longest block-chain if it is valid.

separating the Bitcoin network into two pieces, possibly more.

Each piece will attempt to talk to the others, none of the valid nodes will have an invalid block-chain, and the longest chain will win, and then all the transactions not in that chain will be added in subsequent blocks.

What are the implications?

Without physically partitioning ALL data networks at the same division points, splitting at the network level will not work. If this happens bitcoin is the least of our worries.

splitting the block-chain without changing the rules will result in a quick merge, with the slight possibility of a double spend of the gov's own money, but they have to have 50% hash power to pull that trick off.

16goksYouT6FofaaPMXBDgYC8oYsXkjdtk
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!