Bitcoin Forum
May 08, 2024, 11:38:04 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Bitcoin Network Security. What do you think of this?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Bitcoin Network Security. What do you think of this?  (Read 870 times)
promojo (OP)
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
September 10, 2014, 07:29:30 PM
 #1
Bitcoin reaches more popularity over time.   Banks start to feel the pressure.  Somehow banks develop a relationship with North American ISPs to start traffic shaping Bitcoin confirmation/mining/processing traffic.   Think this is possible?   That would put a dent in the Bitcoin network as far as transaction processing/confirmations go.  Thoughts?
1715168284
Hero Member
*
Offline Offline

Posts: 1715168284

View Profile Personal Message (Offline)

Ignore
1715168284
1715168284
Reply with quote  #2
1715168284
Report to moderator
1715168284
Hero Member
*
Offline Offline

Posts: 1715168284

View Profile Personal Message (Offline)

Ignore
1715168284
1715168284
Reply with quote  #2
1715168284
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715168284
Hero Member
*
Offline Offline

Posts: 1715168284

View Profile Personal Message (Offline)

Ignore
1715168284
1715168284
Reply with quote  #2
1715168284
Report to moderator
Bitcoinpro
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000



View Profile
September 10, 2014, 07:38:23 PM
 #2
seems to be a bit of data mining has kicked off, its decentralized meaning everyone will work together to keep it secure
WWW.FACEBOOK.COM

CRYPTOCURRENCY CENTRAL BANK

LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
promojo (OP)
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
September 10, 2014, 07:47:54 PM
 #3
Quote from: Bitcoinpro on September 10, 2014, 07:38:23 PM
seems to be a bit of data mining has kicked off, its decentralized meaning everyone will work together to keep it secure


Yes I understand that.  But what if the ISP uses traffic shaping to lag down the bitcoin mining network?
Meuh6879
Legendary
*
Offline Offline

Activity: 1512
Merit: 1011



View Profile
September 10, 2014, 07:50:48 PM
 #4
and then, v0.9.5 include the TOR (already inside) activated by default.
 Grin you can't stop smart thing ... like CDS  Roll Eyes
pedrog
Legendary
*
Offline Offline

Activity: 2786
Merit: 1031



View Profile
September 10, 2014, 08:10:21 PM
 #5
And that's why net neutrality is so important.
Pages: [1]
  Print  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Bitcoin Network Security. What do you think of this?
 « previous topic next topic »
 
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!