Debunking the Empty Block Attack. Bitcoin Tech Talk #233
Note: I started to write this article for the newsletter but it went too long for me to include it here. You can read it on medium, but I’ve included the first part here.
It’s amazing how much effort critics expend on ways in which Bitcoin could not work. Few people ask about the vulnerabilities of USD for instance, which has a far greater impact globally yet in order to FUD Bitcoin, the same “concerns” are brought up again and again as if they were novel to “warn” people away from Bitcoin. The latest salvo against Bitcoin is the idea of the empty block attack, something made popular by Michael in his debate with Pomp.