Re:Kryptoradio – A Bitcoin data transmission system
by Retric on Saturday July 12, 2014 @04:08PM
(#8025657)
You don't need lot's of having power a new transaction with a higher transaction fee can get you there ~10-20% of the time. For small anonimus transactions like a vending machine that's not a problem. Add a slick UI and an suddenly lot's of people are going for random "Free" soda.
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Re:Kryptoradio – A Bitcoin data transmission system
by mike_hearn on Sunday July 13, 2014 @07:25AM
(#8027127)
I think there are a mix of reasons why existing double spends are working, certainly things have gone wrong and there are various ways to do it - e.g. Eligius does not follow the same rules as everyone else and that's exploitable by double spenders. However that's not fee related.