Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by Frogolocalypse on Saturday December 09, 2017 @11:02PM
(#15889814)
> You trust the hashpower in the aggregate
Are you explaining your definition of a trust requirement in a trustless protocol?
> by definition bitcoin is not secure.
It is not secure if you use your understanding of how bitcoin works. Which, as we've demonstrated with the four failed fork attempts, is not rooted in reality.
Whitepaper, section 1, end of last paragraph...
"The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes."
If that sentence is broken, like you give as an example that would fool an spv wallet, then by definition bitcoin is not secure.