Topic: Incentives (Read 7910 times)
Awwww snap. The bitcoin wikipedia article has been deleted due to insufficient independent sources.
If you include a double-spent transaction in a block you generate, then that block will be rejected and you don't get your 50BTC reward.
What's my incentive for checking for doublespending? I know if everyone stopped the system fails, but, I'm best off if I can participate in the system while cheating by not performing this check since it consumes my resources. If I understand this correctly, the only thing currently preventing me form cheating (besides lack of technical skill) is my own internal since of fairness & social good. Is this correct?
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