From: jl2012 <jl2012@xbt•hk>
To: Chris Priest <cp368202@ohiou•edu>
Cc: bitcoin-dev@lists•linuxfoundation.org, nbvfour@gmail•com
Subject: Re: [bitcoin-dev] We need to fix the block withholding attack
Date: Sat, 19 Dec 2015 23:24:52 -0500 [thread overview]
Message-ID: <aff8da46a69bdd7ef92ca87725866a5c@xbt.hk> (raw)
In-Reply-To: <CAAcC9ys_t7X0WpQ8W3577M8GLiA5sPV2F1BJ9qZbnMkE-1j3+Q@mail.gmail.com>
Chris Priest 於 2015-12-19 22:47 寫到:
> On 12/19/15, jl2012 <jl2012@xbt•hk> wrote:
>> Chris Priest via bitcoin-dev 於 2015-12-19 22:34 寫到:
>>> Block witholding attacks are only possible if you have a majority of
>>> hashpower. If you only have 20% hashpower, you can't do this attack.
>>> Currently, this attack is only a theoretical attack, as the ones with
>>> all the hashpower today are not engaging in this behavior. Even if
>>> someone who had a lot of hashpower decided to pull off this attack,
>>> they wouldn't be able to disrupt much. Once that time comes, then I
>>> think this problem should be solved, until then it should be a low
>>> priority. There are more important things to work on in the meantime.
>>>
>>
>> This is not true. For a pool with 5% total hash rate, an attacker only
>> needs 0.5% of hash rate to sabotage 10% of their income. It's already
>> enough to kill the pool
>>
>>
>
> This begs the question: If this is such a devastating attack, then why
> hasn't this attack brought down every pool in existence? As far as I'm
> aware, there are many pools in operation despite this possibility.
It did happen:
https://www.reddit.com/r/Bitcoin/comments/28242v/eligius_falls_victim_to_blocksolution_withholding/
The worst thing is that the proof for such attack is probabilistic, not
deterministic.
A smarter attacker may even pretend to be many small miners, make it
even more difficult or impossible to prove who are attacking.
> Then shouldn't this be something the pool deals with, not the bitcoin
> protocol?
The only solution is to ask for KYC registration, unless one could
propose
a cryptographic solution that does not require a consensus fork.
next prev parent reply other threads:[~2015-12-20 4:24 UTC|newest]
Thread overview: 47+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-12-19 18:42 Peter Todd
2015-12-19 19:30 ` Bob McElrath
2015-12-19 20:03 ` jl2012
2015-12-20 3:34 ` Chris Priest
2015-12-20 3:36 ` Matt Corallo
2015-12-20 3:43 ` Chris Priest
2015-12-20 4:44 ` Peter Todd
2015-12-26 8:12 ` Multipool Admin
2015-12-27 4:10 ` Geir Harald Hansen
2015-12-28 19:12 ` Peter Todd
2015-12-28 19:30 ` Emin Gün Sirer
2015-12-28 19:35 ` Multipool Admin
2015-12-28 19:33 ` Multipool Admin
2015-12-28 20:26 ` Ivan Brightly
2015-12-29 18:59 ` Dave Scotese
2015-12-29 19:08 ` Jonathan Toomim
2015-12-29 19:25 ` Allen Piscitello
2015-12-29 21:51 ` Dave Scotese
2015-12-20 3:40 ` jl2012
2015-12-20 3:47 ` Chris Priest
2015-12-20 4:24 ` jl2012 [this message]
2015-12-20 5:12 ` Emin Gün Sirer
2015-12-20 7:39 ` Chris Priest
2015-12-20 7:56 ` Emin Gün Sirer
2015-12-20 8:30 ` Natanael
2015-12-20 11:38 ` Tier Nolan
2015-12-20 12:42 ` Natanael
2015-12-20 15:30 ` Tier Nolan
2015-12-20 13:28 ` Peter Todd
2015-12-20 17:00 ` Emin Gün Sirer
2015-12-21 11:39 ` Jannes Faber
2015-12-25 11:15 ` Ittay
2015-12-25 12:00 ` Jonathan Toomim
2015-12-25 12:02 ` benevolent
2015-12-25 16:11 ` Jannes Faber
2015-12-26 0:38 ` Geir Harald Hansen
2015-12-28 20:02 ` Peter Todd
2015-12-26 8:23 ` Eric Lombrozo
2015-12-26 8:26 ` Eric Lombrozo
2015-12-26 15:33 ` Jorge Timón
2015-12-26 17:38 ` Eric Lombrozo
2015-12-26 18:01 ` Jorge Timón
2015-12-26 16:09 ` Tier Nolan
2015-12-26 18:30 ` Eric Lombrozo
2015-12-26 19:34 ` Jorge Timón
2015-12-26 21:22 ` Jonathan Toomim
2015-12-27 4:33 ` Emin Gün Sirer
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