On Wed, Jul 15, 2015 at 08:49:13AM -0700, Me wrote: > > Blockcypher's "confidence factor" model(1) > > under the hood - yet another one of those sybil attacking network > > monitoring things > > > Peter, I noticed on your twitter you have a lot of bad things to say about > Blockcypher and their business model (which I might not full agree, but > totally respect), can you share any evidence they perform any form of Sybil > attack on the network, please.
For Blockcypher to succesfully do what they claim to do they need to connect to a large % of nodes on the network; that right there is a sybil attack. It's an approach that uses up connection slots for the entire network and isn't scalable; if more than a few services were doing that the Bitcoin network would become significantly less reliable, at some point collapsing entirely. -- 'peter'[:-1]@petertodd.org 0000000000000000093f699ccdb323aa638af1131249ec2e1bacbf367163807a
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