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| Taek | amiller, I could be mis-thinking, but the difficulty raising attack will still take 10^400 tries to succeed on Bitcoin. | 05:35 |
|---|---|---|
| Taek | It's just that if you care about reverting to any point instead of to a specific point, each try takes the same amount of time | 05:35 |
| Taek | where if you are trying to revert to a specific point, each try takes exponentially more time than the previous | 05:36 |
| Taek | Though I'm realizing I did the probability wrong. It's probably not as severe as 10^400 tries | 05:38 |
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| Taek | The DRA is more interesting in the specific point case | 05:41 |
| Taek | We 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 times | 05:42 |
| Taek | Each time the attacker tries, they have p^6 chance of success | 05:42 |
| Taek | even without using a DRA | 05:42 |
| Taek | But if the attacker keeps trying to revert to the same point, the probability falls off exponentially as they fall behind | 05:43 |
| Taek | with the DRA though, they can keep a constant probability of reverting to the same point, regardless of how far they fall behind | 05:43 |
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| Taek | The tradeoff being exponenetial time investment | 05:45 |
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| --- Log closed Tue Oct 21 00:00:22 2014 | ||
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