Re:Bitcoin Vending Machine
by fryguy on Monday July 16, 2012 @04:39PM
(#4252525)
Doesn't it require ~10 minutes to solidify into the record to prevent double-spending without having the 51% attack?
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Re:Bitcoin Vending Machine
by elliottcarlson on Monday July 16, 2012 @05:27PM
(#4252777)
Correct - there are various attack vectors besides the 51% attack. Ideally, a transaction shouldn't be closed until there have been 2 confirmations.