and then my wallet bans your peer and moves on. Not an issue
He didn't give the strategy as a requirement for light wallets to actually work. He gave it as an example of making the security trade off better. Light wallets do work. To fool them you have to have to be able to 51%…
I feel you, you are correct btw.
You trust the hashpower in the aggregate, you do not trust the node that gives you the information. That is because the block solution is independently verifiable by the spv wallet. They can also independently verify…
I'll just leave this here... http://satoshi.nakamotoinstitute.org/emails/cryptography/2/ "At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to…
and then my wallet bans your peer and moves on. Not an issue
He didn't give the strategy as a requirement for light wallets to actually work. He gave it as an example of making the security trade off better. Light wallets do work. To fool them you have to have to be able to 51%…
I feel you, you are correct btw.
You trust the hashpower in the aggregate, you do not trust the node that gives you the information. That is because the block solution is independently verifiable by the spv wallet. They can also independently verify…
I'll just leave this here... http://satoshi.nakamotoinstitute.org/emails/cryptography/2/ "At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to…