Author

Topic: http://bramcohen.com/2014/11/03/an-attack-on-the-timestamp-semantics-of-bitcoin (Read 938 times)

legendary
Activity: 4466
Merit: 3391
TL;DR: If an attacker can manage to mine 6 of the last 11 blocks and they set their block timestamps 2 hours into the future, they can disrupt mining.

The claim is based on an incomplete understanding of the code. It is not an issue.

hero member
Activity: 518
Merit: 500
Hodl!
IMO, that would be noticable in a day and other miners could compensate temporarily by advancing clocks also, this would hold things until dev conference could roll out patch.

It's kind of like worrying that a pinhole gas tank leak could accumulate on your driveway and run off and flood your basement with gasoline. Yah it has the potential to be dangerous, but common sense mitigation would limit risk until it's properly fixed.
Jump to: