Skip to content

Double Spend #21

@tearodactyl

Description

@tearodactyl

Several Z coins were attacked with 51% double spend.
Partucularly, hard hit was Bitcoin Gold (BTG)
https://forum.bitcoingold.org/t/double-spend-attacks-on-exchanges/1362
https://forum.bitcoingold.org/t/anatomy-of-a-double-spend-51-attack/1398

The initial response by the exchanges is to increase the number of confirmations required, effectively buying more time against the chain reorganization. Detecting such events is crucial, though mitigation is TBD.
https://gist.github.com/gavinandresen/630d4a6c24ac6144482a
https://www.crypto51.app/

Heuristic grace period https://medium.com/@karbo.org/prevent-transaction-cancellation-in-51-attack-79ba03d191f0

Metadata

Metadata

Assignees

Labels

Type

No type

Projects

No projects

Milestone

No milestone

Relationships

None yet

Development

No branches or pull requests

Issue actions