Author

Topic: Congratulations on a successful 51% attack today everyone! (Read 930 times)

WiW
sr. member
Activity: 277
Merit: 250
"The public is stupid, hence the public will pay"
Based on what you said, WiW, there is a 51% attack everytime a block is orphaned  Cheesy so dozens of time per month! lol

The difference being that a block is usually orphaned because it came second to the miner (propagated the network slower) but wasn't shorter in terms of proof of work.

In this case they rejected a valid, longer proof of work chain in favor of making a shorter chain outpace the longer one with a majority of hashing power.
hero member
Activity: 518
Merit: 500
Based on what you said, WiW, there is a 51% attack everytime a block is orphaned  Cheesy so dozens of time per month! lol

This was pretty much my first thought.

The OP might as well have said, "Guys, everything worked as it was supposed to! PANIC!"
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Based on what you said, WiW, there is a 51% attack everytime a block is orphaned  Cheesy so dozens of time per month! lol
newbie
Activity: 18
Merit: 0
I'm confused.... are you being sarcastic... or?

As you said, there's no malicious activity, so there's no 51% "attack"

The community came together to cover a bug.
WiW
sr. member
Activity: 277
Merit: 250
"The public is stupid, hence the public will pay"
There was a fork but more than 50% of the hashing power put their work behind the shorter chain, even though merchants may (and have?) trusted the longer proof of work chain.

Technically, there was no malicious intent, and I'm sure nobody planned this in advance with a double spend in mind... I believe all the miners deserve a big congratulations!
Jump to: