bitcoin sync checkpoint

important: Nodes can leave and rejoin the network at will, geld verdienen mit network marketing accepting the proof-of-work chain as proof of what happened. However, this also means that as soon as the 10th block since the split has been produced on the honest chain, the attacker might as well publish the shadow chain at this point, depending on the attackers objectives. Checkpoints are legacy and will likely be removed at some point. Therefore, although this attack is potentially more devastating on the network, the incentives for it are less obvious. The new system does defend against deep hostile reorgs; however, it increases the risk of consensus chain splits and provides new opportunities for a would-be attacking miner. The attacker can attempt to mine a 10 block long (or longer) chain in secret and then publish the chain at a time designed to cause conflicting checkpoints on the network, causing a chain split. It is not clear at this point if this change is a net benefit, although it is a fundamental change to the system and it may therefore be better to spend more time assessing the dynamics involved before the network adopts this technology. This may be very useful to some exchanges or merchants who can now wait for more than 10 blocks before crediting a user account and achieve a higher level of assurance. Although a new attack vector is opened up by this mechanism, providing a new way for hostile miners to instigate a consensus split as we explained above, the incentive to do this is less clear than for a normal deep reorg attack.

The new rolling checkpoint mechanism includes a trade-off: The risk of a deep reorg is reduced. It is also cheaper than continuing on to do a deep reorg, since the hostile miner can stop earlier. Although the risks in this section are unlikely to materialise (and could require the attacker to have a majority of the hashrate they seem at least as likely to occur as the problem the new checkpointing system is trying to mitigate against. An attacker needs to launch his own relay nodes and generate a new 10 block long chain at any point in the past. This feature may have been added as a defence against potential attackers including from supporters of the rival. Attacking Miner: An Alternative Option to a Reorg As indicated above, if a hostile miner is producing a shadow chain, once this diverges from the honest chain by more than 10 blocks, it is essentially useless as it cannot reorg the honest chain, even.

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Therefore this a non-issue. Another tradeoff is that the change increases the damage hostile miners can do to the network, but it reduces the potential reward for such behaviour. For example, nodes still in the initial sync or nodes related to users who temporarily shut down their nodes for several days. If latency issues cause a 10 block reorg, the user may want to follow the most work chain. The checkpoint doesnt seem to solve any issues to do with latency. Abstract: We evaluate, bitcoin, cash ABCs new bitcoin and other virtual currencies rolling 10 block checkpoint system. Essentially, the new mechanism finalizes a block once it has received 10 confirmations, which prevents large blockchain reorgs. That role has now been overtaken by the assumevalid concept (a block hash that is known to be good, but doesn't prevent accepting another chain).