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Topic: Can governments spam or ddos the bitcoin network to death? - page 2. (Read 2368 times)

hero member
Activity: 547
Merit: 531
First bits: 12good
Who will pay for fees ?!

DDoS ?! Who?! Me.... You... The Internet  Grin

IMO they can A. attempt 51% attack B. SS to take "the" 370000 Coins and dump the price to bellow sea level C. Accept that they can't do a thing about it.
legendary
Activity: 1652
Merit: 2301
Chief Scientist
Yes, if they have an infinite amount of money to pay in transaction fees.

I'm not sure why governments would want to give all of their money to miners, though. And buying up bitcoins to pay all those fees would just push up the price, so it would probably be counter-productive as a way of trying to ddos the network.
newbie
Activity: 11
Merit: 0
I'm new to bitcoin I was reading about the transaction fees here:
https://en.bitcoin.it/wiki/Transaction_fee

It states:

"Transaction fees are voluntary on the part of the person making the bitcoin transaction, as the person attempting to make a transaction can include any fee or none at all in the transaction."

Can governments, botnets or someone with enough computing and networking power keep sending an infinite amount of transactions back and forth their own addresses automatically and grow the blockchain to a size that for most people is impossible to keep on their hard drivers? Or can verifying all those transactions take up too much resources to everyone but supercomputers?
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