2014-10-20.log

--- Log opened Mon Oct 20 00:00:20 2014
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Taekamiller, I could be mis-thinking, but the difficulty raising attack will still take 10^400 tries to succeed on Bitcoin.05:35
TaekIt's just that if you care about reverting to any point instead of to a specific point, each try takes the same amount of time05:35
Taekwhere if you are trying to revert to a specific point, each try takes exponentially more time than the previous05:36
TaekThough I'm realizing I did the probability wrong. It's probably not as severe as 10^400 tries05:38
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TaekThe DRA is more interesting in the specific point case05:41
TaekWe already know that an attacker with 'p' mining power can do a double spend of length 6 with a probability of 1 if they try enough times05:42
TaekEach time the attacker  tries, they have p^6 chance of success05:42
Taekeven without using a DRA05:42
TaekBut if the attacker keeps trying to revert to the same point, the probability falls off exponentially as they fall behind05:43
Taekwith the DRA though, they can keep a constant probability of reverting to the same point, regardless of how far they fall behind05:43
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TaekThe tradeoff being exponenetial time investment05:45
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--- Log closed Tue Oct 21 00:00:22 2014

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