Hacker News new | past | comments | ask | show | jobs | submit login

Note that this is a mostly theoretical weakness: the cost to attack is orders of magnitude higher than cost of simply creating fake blocks, which are almost just as good at defauding SPV clients (particularly when you have a pile of money left over by using the cheaper attack!).

Anyway, not many SPV clients actually exist these days - instead it's much more common for "lite" wallets to actually use trusted servers.




It can't actually be used to exploit SPV clients at all, since having even a single destination address puts the transaction over 64 bytes in size.


Then these so-called 'lite' wallets should be referred to with a much more contextually pertinent description such as 'trustful' wallets.


I wish they were frankly. Unfortunately there's endless dishonesty and fraud in the blockchain world in projects denying that their solutions involve huge amounts of trust; that's just a mild example out of many.


with a tinfoil hat on, you could say that this is a very convenient rebranding ;)


lite wallets are NOT 'trustful' wallets.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: