The Brave web browser

Posted Jun 16, 2017 20:14 UTC (Fri) by k8to (guest, #15413)
In reply to: The Brave web browser by nix
Parent article: The Brave web browser

Yeah pretty much. I'd love to pay for content instead of being assaulted with untrustworthy byte streams, but bitcoin et al don't have my trust.

When I last looked into the hoops I'd have to jump through to be able to own some bitcoins (provide my banking account details etc, or jump through a large number of technical hoops), I realized I didn't want them badly enough. And that leaves aside the way it's designed for speculation, and the way the algorithm has been defeated by a majority stakeholder permitting falsification of the trust chain. And so on.

I'm all for finding a way around the unreasonably high fees of visa and mastercard, but it's unclear if there's a low-cost high-reliability path for achieving that.

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The Brave web browser

Posted Jun 16, 2017 20:58 UTC (Fri) by MattJD (subscriber, #91390) [Link] (1 responses)

> the way the algorithm has been defeated by a majority stakeholder permitting falsification of the trust chain.

Are you talking about the design of bitcoin, where a miner with a majority share of the hashing power can create a false chain? Or is there some specific example? And if the second, can you provide a link? A quick Google doesn't reveal anything about someone actually doing that.

The Brave web browser

Posted Jun 29, 2017 10:16 UTC (Thu) by davidgerard (guest, #100304) [Link]

Emin Gun Sirer sets out a pile of attacks a selfish miner can make on a proof of work blockchain, from 25% of hashpower up:

http://hackingdistributed.com/2014/06/16/how-a-mining-mon...