Re:Cooperation among an anonymous group protected Bitcoin du...
by lupire on Friday June 10, 2022 @08:29PM
(#31700818)
It's not a huge mystery. "altruism" is author opinion not science. Double spending is a short term benefit, but risks destroying the value of your holdings by discrediting the whole system.
Double spending only works in truly arms length transactions, where the victim can't retaliate AND trusts you enough to accept the transaction in the first place.
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Re:Cooperation among an anonymous group protected Bitcoin du...
by Ekaros on Saturday June 11, 2022 @06:12AM
(#31703357)
Also the gains for such action must be larger than resources spend. You are over spending the rest of the network in work, thus the transactions must be larger than possible gains from doing the same work in "main" chain.