According to this it’s 60 conf before your transaction is risk free from reorg.

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…. Against the risk of a mining pool doing a double spend attack, which they are incentivized not to do

Yeah. Still interesting how many you need for 0% risk.

Unless your tax is in the genesis block, there is no 0% risk.

Fucking spell check…. *tx

Maybe Lopp can write articles about ETH confirmations now that Casa has gone ETH!

Pools are certainly disincentived from performing attacks; they would likely lose a ton of business if they were to do so. And miners in general are long-term holders that are disinclined to harm folk's confidence in the system.

However, a pool can still be a single point of failure; someone could exploit a vulnerability to hijack a pool for a short period of time.

Solid take.

Cant they possibly hack all pools, or 3-4 major ones and do some real damage?

How would you hack a pool or pools towards a hash attack? You’d have to own them for some period of time (~60 confs X 10 minutes is 10 hours)?

Would stratumv2 mitigate this .. hmm i should read your thing first probably 😂

Totally agree. That said, if Foundry double spent once, wouldn’t their pool go to zero as everyone would unplug from them? What size of double spend would be worth that?