Why Nostr? What is Njump?
2023-06-07 17:41:00
in reply to

Rune K. Svendsen [ARCHIVE] on Nostr: 📅 Original date posted:2015-09-19 📝 Original message:An honest miner is a miner ...

📅 Original date posted:2015-09-19
📝 Original message:An honest miner is a miner that supports the network by building on top of the best valid chain. A malicious miner is one who wants to disrupt the Bitcoin network, not support it, for example by executing a 51% attack which mines empty blocks on top of the best chain.


/Rune

> Den 19/09/2015 kl. 19.19 skrev Justus Ranvier <justus at openbitcoinprivacyproject.org>:
>
>> On 19/09/15 10:45, Rune Kjær Svendsen wrote:
>> We need to distinguish between two different things here:
>>
>> 1) A 51% attack, where the majority of mining power is *malicious* (hence “attack”)
>
> What does "malicious" mean?
>
> In other words, If miner A is mining honestly, and miner B is mining
> maliciously, what are some of the possible difference in their behaviour
> we would observe?
>
>
> --
> Justus Ranvier
> Open Bitcoin Privacy Project
> http://www.openbitcoinprivacyproject.org/
> justus at openbitcoinprivacyproject.org
> E7AD 8215 8497 3673 6D9E 61C4 2A5F DA70 EAD9 E623
> <0xEAD9E623.asc>
Author Public Key
npub1vhrurz53pdk9wyzr3dxhm05xx3ea4n8cxd8qw77nw79wxpwexq5scdq8h9