If you are only connected to one "full" node, you are in trouble... but if you connect (randomly!) to many, then you are more likely to be fine.
Multibit is based on this approach, and it surpassed a million downloads recently, so it's a successful model.
Read this:
https://code.google.com/p/bitcoinj/wiki/SecurityModel
Multibit is based on this approach, and it surpassed a million downloads recently, so it's a successful model.
Read this:
https://code.google.com/p/bitcoinj/wiki/SecurityModel
Interesting stuff, I'll see if I can't ensure random node connections on a regular basis. And I'll have to time my downloading of new blocks to make sure that the time remains constant on average.
