Bitcoin Forum
May 10, 2024, 03:45:48 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: SHA-256 (fixed: maybe) hacked, man gets away with 7 blocks in 10 minutes  (Read 9337 times)
nathanrees19
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
June 22, 2011, 03:24:14 PM
 #41

I ran some quick numbers. If I'm correctly understanding the distribution, once the first block was found, the chance of finding the next 6 blocks in that time window was something like 0.0000002. However, this possibility has existed every time a block has been found. The chance of this streak happening at least once in 132000 or so blocks is greater than 99.7%. In fact, there is a very high chance that his has happened more than once. If I find the time, I could do an analysis of the whole block chain to see if this has happened before.

Is there an easy way to extract block timestamps from the chain?
If you evaluated the cdf of a gamma distribution with parameters 7 and 1/10min at 10min to get 0.0000002, and 1 - the pdf of the binomial distribution with parameters 132000 and 0.0000002 evaluated at 0 to get 99.7%, then I think it's correct.  I'm too lazy to calculate it, though.

Also, http://www.xkcd.com/882/

My knowledge of statistics is a bit rusty, so I decided to look at the actual blocks. I ran a script to evaluate, from each block, how many blocks were found less than 420 seconds beforehand.

The record was twelve.

There were 358 cases of 6 or more (ie. 7 blocks in under 7 minutes). If we only look at recent blocks (>100000), we still get nine cases of this happening.
1715355948
Hero Member
*
Offline Offline

Posts: 1715355948

View Profile Personal Message (Offline)

Ignore
1715355948
Reply with quote  #2

1715355948
Report to moderator
1715355948
Hero Member
*
Offline Offline

Posts: 1715355948

View Profile Personal Message (Offline)

Ignore
1715355948
Reply with quote  #2

1715355948
Report to moderator
1715355948
Hero Member
*
Offline Offline

Posts: 1715355948

View Profile Personal Message (Offline)

Ignore
1715355948
Reply with quote  #2

1715355948
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715355948
Hero Member
*
Offline Offline

Posts: 1715355948

View Profile Personal Message (Offline)

Ignore
1715355948
Reply with quote  #2

1715355948
Report to moderator
1715355948
Hero Member
*
Offline Offline

Posts: 1715355948

View Profile Personal Message (Offline)

Ignore
1715355948
Reply with quote  #2

1715355948
Report to moderator
PGPpfKkx
Hero Member
*****
Offline Offline

Activity: 586
Merit: 501


View Profile
June 22, 2011, 05:13:44 PM
 #42

why do people keep commenting on imperis posts? arent you the same guy proposed that bitcoin will have a negative value in usd?
just void the post.
Pages: « 1 2 [3]  All
  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!