Damus
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jb55
@jb55
What stopping a state level attacker from filling bitcoin blocks with standard but washed transactions, always paying a higher fee than everyone else. This seems significantly cheaper than trying to disrupt mining. Has an analysis of the cost of this ever been done? 🤔
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ODELL · 115w
PROBABLY WOULD COST $5-$10 BILLION PER YEAR DEPENDING ON WHAT FEE RATE THEY CHOOSE TO DEFEND. THAT MONEY WOULD GO STRAIGHT INTO MORE MINING INFRASTRUCTURE. NOT A BAD DEAL.