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Results tagged with weaknesses
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user 23
Potential vulnerabilities to the Bitcoin protocol, code or implementation. Potential weaknesses in the Bitcoin concept are probably better tagged "Economics."
11
votes
What prevents bitcoin from breaking down in case of a "transaction attack"
There are rules which make such kind of attack very costly to the attacker. Below are relevant rules from wiki, with updated transaction fee:
0.0005 BTC fee per kilobyte of transaction, but:
If the …
- 675
10
votes
What methods could a government use to shutdown Bitcoin?
My predictions are they cannot close it down, but they can undermine confidence by: accepting anti-Bitcoin law, closing exchanges, closing Bitcoin businesses (according to law), infiltrating Bitcoin c …
- 675