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by iofj
3839 days ago
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If BitFury resolved a single doublespend transaction differently from the "main" blockchain, people would(/should) realize that it now has the power to cancel transactions, and stop trusting bitcoin ASAP. At that point you can no longer trust the blockchain, since you can no longer know you're looking at the "true" blockchain, and not a fake one that has been presented to you to make you do something (e.g. pay someone real money). In any reasonable person's version of "wait X blocks for confirmation" (currently mostly 3), X would be infinite. |
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