Cyber Seagull on Nostr: It's easier to fight back against those miners in Bitcoin though. The anonymous ...
It's easier to fight back against those miners in Bitcoin though. The anonymous nature on xmr means something like stratum v2 is not possible.
With Bitcoin the bad history is noticed way quicker and whatever addresses benefited from it can be traced with meticulous scrutiny all the way back. Even if they are behind tor or a vpn, their spend and miner reward is public and the bad history could be forked from by users.
With Monero, a low amount double spend attack could go on for months, with everyone accepting the history and without an easy or possible way to go back and check/fork from. Is the rate source and timings of reorgs being tracked by the average operator ? or anyone ?
Published at
2024-05-16 23:03:57Event JSON
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"content": "It's easier to fight back against those miners in Bitcoin though. The anonymous nature on xmr means something like stratum v2 is not possible. \n\nWith Bitcoin the bad history is noticed way quicker and whatever addresses benefited from it can be traced with meticulous scrutiny all the way back. Even if they are behind tor or a vpn, their spend and miner reward is public and the bad history could be forked from by users.\n\nWith Monero, a low amount double spend attack could go on for months, with everyone accepting the history and without an easy or possible way to go back and check/fork from. Is the rate source and timings of reorgs being tracked by the average operator ? or anyone ?",
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