Why Nostr? What is Njump?
2023-06-07 17:53:10
in reply to

Peter Todd [ARCHIVE] on Nostr: šŸ“… Original date posted:2016-08-28 šŸ“ Original message:On 24 August 2016 22:54:47 ...

šŸ“… Original date posted:2016-08-28
šŸ“ Original message:On 24 August 2016 22:54:47 GMT-04:00, James MacWhyte <macwhyte at gmail.com> wrote:
>I've always assumed honeypots were meant to look like regular, yet
>poorly-secured, assets.

Not at all. Most servers have zero reason to have any Bitcoin's accessible via them, so the presence of BTC privkeys is a gigantic red flag that they are part of a honeypot.

> If the intruder could identify this as a
>honeypot
>by the strange setup (presigned, non-standard transactions lying
>around)
>and was aware that the creator intended to doublespend as soon as the
>transaction was discovered, wouldn't they instead prefer to not touch
>anything and wait for a non-bait target to appear?

Re-read my last section on the "scorched earth" disincentive to doublespend the intruder.
Author Public Key
npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2