Bitcoin Forum
May 12, 2024, 10:22:04 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Double-spends in the wild?  (Read 1285 times)
Shortline (OP)
Full Member
***
Offline Offline

Activity: 123
Merit: 100


View Profile
August 26, 2011, 12:55:45 PM
 #1

Has anyone seen a confirmed double spend attack?

Mybitcoin doesn't count.

1715509324
Hero Member
*
Offline Offline

Posts: 1715509324

View Profile Personal Message (Offline)

Ignore
1715509324
Reply with quote  #2

1715509324
Report to moderator
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
jackjack
Legendary
*
Offline Offline

Activity: 1176
Merit: 1233


May Bitcoin be touched by his Noodly Appendage


View Profile
August 26, 2011, 02:47:10 PM
 #2

No, never

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
the founder
Sr. Member
****
Offline Offline

Activity: 448
Merit: 251


Bitcoin


View Profile WWW
August 26, 2011, 03:02:30 PM
 #3

No, never

The Mt. Gox's hack was a double spend attack / create fake bitcoins / crap attack (though internally in their system) 


Bitcoin RSS App / Bitcoin Android App / Bitcoin Webapp http://www.ounce.me  Say thank you here:  1HByHZQ44LUCxxpnqtXDuJVmrSdrGK6Q2f
SomeoneWeird
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500


View Profile
August 26, 2011, 03:30:11 PM
 #4

No, never

The Mt. Gox's hack was a double spend attack / create fake bitcoins / crap attack (though internally in their system) 



Wasn't a real double-spend attack.
elggawf
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
August 26, 2011, 03:36:27 PM
 #5

Wasn't a real double-spend attack.

Wasn't really a double-spend attack at all - MtGox doesn't give discrete addresses or let the users control them in any way. MtGox was an internal accounting screw up that had zero effect on the security of the protocol as a whole.

^_^
Are-you-a-wizard?
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
August 26, 2011, 04:26:53 PM
 #6

If I could do it, my son, I would be retired from these forums by now, and in my yacht.
SomeoneWeird
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500


View Profile
August 26, 2011, 04:27:30 PM
 #7

Wasn't a real double-spend attack.

Wasn't really a double-spend attack at all - MtGox doesn't give discrete addresses or let the users control them in any way. MtGox was an internal accounting screw up that had zero effect on the security of the protocol as a whole.

Exactly, the 'hack' didn't even touch the network.
Steve
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1007



View Profile WWW
August 26, 2011, 06:02:23 PM
 #8

I can't say as I've ever seen one...I'm certainly not aware of any (legitimate) reports of someone being robbed by a double spend.  I suspect many people new to bitcoin have attempted a naive double spend attack however (where you open two instances on the same wallet and try to spend at the same time).  I'm not sure if you would want to count that as a double spend attack since it's utterly ineffective if you wait for one confirmation or if you monitor the network for a few seconds after receiving the transaction.

(gasteve on IRC) Does your website accept cash? https://bitpay.com
Tasty Champa
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
August 26, 2011, 06:22:21 PM
 #9

dude what's the point??

it's old news, it doesn't work, don't be a crook.
elggawf
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
August 26, 2011, 07:17:27 PM
 #10

dude what's the point??

it's old news, it doesn't work, don't be a crook.

It would work if someone delivers the non-returnable goods after 0 or 1 confirmations. It gets harder as the amount of confirmations goes up (and even with the slump so far, the Bitcoin network is still powerful enough that it's non-trivial to even do with one confirmation).

It's not that it doesn't work, it's that the payoff is probably not worth the amount of effort required to do it. No one moving a sizable amount of money is going to not wait for confirmations and the longer they choose to wait the harder the attack gets.

^_^
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!