Are bitcoin reorgs bad? (plus on-chain cashflow) - Stuffed ...

Andreas M Antonopoulos lashes out at Binance CEO to even considering bitcoin reorg as an option

Andreas M Antonopoulos lashes out at Binance CEO to even considering bitcoin reorg as an option submitted by cryptobounties to CryptoCurrency [link] [comments]

Binance's CZ is considering reorging Bitcoin network to recover stolen funds from Binance

Binance's CZ is considering reorging Bitcoin network to recover stolen funds from Binance submitted by akshayks1995 to btc [link] [comments]

Is there a Nano reorg attack vector similar to what Binance could have done to Bitcoin?

The fact the Binance could have spent $20 million in BTC to fund transactions to cause a Bitcoin reorg of a day brings up the question of what similar attack vectors there to cause a Nano reorg?
submitted by codingbrian to nanocurrency [link] [comments]

Community Shocked That Binance Suggest Bitcoin Reorg After Hack

Community Shocked That Binance Suggest Bitcoin Reorg After Hack submitted by mrsotkogaming to CryptoCurrency [link] [comments]

$40 Million Binance Hack Sparks Bitcoin Reorg Controversy

$40 Million Binance Hack Sparks Bitcoin Reorg Controversy submitted by kickinradical to CryptoCurrency [link] [comments]

Community Shocked That Binance Suggest Bitcoin Reorg After Hack

Community Shocked That Binance Suggest Bitcoin Reorg After Hack submitted by mrsotkogaming to btc [link] [comments]

05-11 11:13 - 'Billionaire Binance CEO Apologizes for Bitcoin Blockchain ‘Reorg’, a Dirty Word' (cryptosyringe.com) by /u/cryptosyringe removed from /r/Bitcoin within 130-140min

Billionaire Binance CEO Apologizes for Bitcoin Blockchain ‘Reorg’, a Dirty Word
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Author: cryptosyringe
submitted by removalbot to removalbot [link] [comments]

Bitcoin reorg hypothetical - would it be illegal for miners to accept block incentives from Binance hacker?

Jeremy Rubin suggested that Binance CEO "CZ" incentivize miners to reorg the blockchain by offering high block rewards (in the form of the stolen funds). This immediately raised the question of whether the hacker couldn't simply do the same thing, and with much less overhead cost. As Blockstream co-founder Peter Wuille pointed out, the hacker would be paying miners not to expend huge amounts of hashpower to reorg the chain.
Whether the reorg was feasible in that particular instance isn't the question - I'm asking whether you think miners would be breaking the law by accepting block incentives from the hacker instead of Binance.
There's no one answer to this - miners live in different countries with different laws regarding Bitcoin. I'm just curious to hear your thoughts on the laws in any region you're familiar with.
submitted by IWriteCrypto to Bitcoin [link] [comments]

Andreas M Antonopoulos lashes out at Binance CEO to even considering bitcoin reorg as an option

Andreas M Antonopoulos lashes out at Binance CEO to even considering bitcoin reorg as an option submitted by scgco to GGCrypto [link] [comments]

What a Bitcoin ‘Reorg’ Is and What Binance Has to Do With It

What a Bitcoin ‘Reorg’ Is and What Binance Has to Do With It submitted by leftok to atbitcoin [link] [comments]

Community Shocked That Binance Suggest Bitcoin Reorg After Hack

Community Shocked That Binance Suggest Bitcoin Reorg After Hack submitted by mrsotkogaming to dogecoin [link] [comments]

Bitcoin reorg hypothetical - would it be illegal for miners to accept block incentives from Binance hacker?

Jeremy Rubin suggested that Binance CEO "CZ" incentivize miners to reorg the blockchain by offering high block rewards (in the form of the stolen funds). This immediately raised the question of whether the hacker couldn't simply do the same thing, and with much less overhead cost. As Blockstream co-founder Peter Wuille pointed out, the hacker would be paying miners not to expend huge amounts of hashpower to reorg the chain.
Whether the reorg was feasible in that particular instance isn't the question - I'm asking whether you think miners would be breaking the law by accepting block incentives from the hacker instead of Binance.
There's no one answer to this - miners live in different countries with different laws regarding Bitcoin. I'm just curious to hear your thoughts on the laws in any region you're familiar with.
submitted by IWriteCrypto to CryptoCurrency [link] [comments]

Bitcoin [BTC] reorg is never happening, claims Blockstream CEO after Binance shelves reorg idea

Bitcoin [BTC] reorg is never happening, claims Blockstream CEO after Binance shelves reorg idea submitted by n4bb to CoinPath [link] [comments]

Bitcoin Reorg: Could Binance have pulled it off and recovered hacked funds?

Bitcoin Reorg: Could Binance have pulled it off and recovered hacked funds? submitted by akshayks1995 to bitcoin_uncensored [link] [comments]

Community Shocked That Binance Suggest Bitcoin Reorg After Hack

Community Shocked That Binance Suggest Bitcoin Reorg After Hack submitted by cryptoallbot to cryptoall [link] [comments]

Bitcoin Reorg: Could Binance have pulled it off and recovered hacked funds?

Bitcoin Reorg: Could Binance have pulled it off and recovered hacked funds? submitted by akshayks1995 to Crypto_Currency_News [link] [comments]

'Shocked He Went There:' Crypto Takes Sides On Binance's Alleged Bitcoin Reorg Plan - Bitcoinist

'Shocked He Went There:' Crypto Takes Sides On Binance's Alleged Bitcoin Reorg Plan - Bitcoinist submitted by prnewswireadmin to cryptonewswire [link] [comments]

Billionaire Binance CEO Apologizes for Bitcoin Blockchain ‘Reorg’, a Dirty Word

submitted by Ranzware to BitNewsLive [link] [comments]

Sacrilegious Binance Reorg Would ‘Erode’ Bitcoin: Blockstream’s Adam Back

Sacrilegious Binance Reorg Would ‘Erode’ Bitcoin: Blockstream’s Adam Back submitted by JuliusMoons to WorldWeeklyNews1 [link] [comments]

Sacrilegious Binance Reorg Would ‘Erode’ Bitcoin: Blockstream

Sacrilegious Binance Reorg Would ‘Erode’ Bitcoin: Blockstream submitted by cryptoallbot to cryptoall [link] [comments]

Sacrilegious Binance Reorg Would ‘Erode’ Bitcoin: Blockstream

Sacrilegious Binance Reorg Would ‘Erode’ Bitcoin: Blockstream submitted by n4bb to CoinPath [link] [comments]

Sacrilegious Binance Reorg Would ‘Erode’ Bitcoin: Blockstream

submitted by Ranzware to BitNewsLive [link] [comments]

Record $816M in Bitcoin leaves Binance — Are whales ... Binance Transacts Billions And Breaks Records And Vitalik Talks ICO Futures In DAICO - 212 how to open Binance exchange to buy bitcoin&cryptocurrency ... BREAKING NEWS!!! PROOF: BITCOIN MANIPULATED BY BINANCE AND COINBASE!! IS $8'500 THE TARGET!!? Buying bitcoin: Binance or Coinbase?  Bitcoin Basics (86 ... Bitcoin Trading Guide If You're Trading Indian Market ... Bitcoin Moves, ChainLink to all time highs, Binance 2X ...

Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume. Buy Crypto. Markets. Trade. Derivatives. Finance . English/USD. Binance Leveraged Tokens Enjoy increased leverage without risk of liquidation. Tokens. Subscription History. Redemption History. All > LINKDOWN. LINKDOWN. Short ChainLink with Up to 3x Leverage. Buy ... Binance Reorgs, Undoes Reputation 1 year ago Coin Jazeera ... Bitcoin holders had already fled from Binance to Coinbase to exchange their Bitcoin for Bitcoin Cash, in hopes of finding a more immutable chain. For the first time in Binance’s history, the Maltese exchange had faltered. Frantic and most likely aroused by the chaos, Mr. CZ backpedaled by blaming his poor judgement on his Evil ... Bitcoin-Börsen dagegen sind ein Paradies für Hacker. Dies liegt an einer fundamentalen Eigenschaft von Bitcoins: Sobald die Coins einmal überwiesen wurden, kann die Transaktion durch nichts und niemanden rückgängig gemacht werden. Zumindest heißt es das. Letzte Woche traf es nun Binance, eine der größten Krypto-Börsen überhaupt ... Despite such setbacks, Bitcoin continues to be the king as the coin’s trading dominance was recorded to be above 40%. In the latest December Markets Overview, Binance Research revealed that Bitcoin’s trading dominance for the month was 40.48%.The figures, however, had declined by 1.28% since November, a month when it registered a trading dominance of 41.76%. Binance hacked, bitcoin reorgs The news to know is that Binance was hacked for $40M. Based on what we know, that was largely a non-event--customers are not impacted because Binance will cover losses with their own safety fund--and the market agreed. The price of BTC was virtually unaffected (and actually went up the next day). On May 7th, 2019 a large bitcoin exchange’s login processes were reportedly attacked and 7,000 Bitcoins were stolen. Binance (the exchange) has enough capital to secure their commitments, which ... Binance, eine der größten Kryptobörsen überhaupt, wurde gehackt. Nachdem 7.000 Bitcoins gestohlen wurden, hat der CEO Chengpeng Zhao öffentlich darüber nachgedacht, dem Hacker die Beute durch eine Reorg der Blockchain wieder zu entreissen. Er hat diesen Plan zwar rasch wieder verworfen - aber wäre es möglich gewesen? Und was bedeutet das für die Zukunft von… Due to these reasons, the community opposed the reorg of the Bitcoin network and it is the same reason why the community is set against reorg for Binance’s loss of 7,000 BTCs. Also, organizing a cumulative hash power of 51% or higher is easier said than done. Jimmy Song, a well-known Bitcoin developer, put out a thread on Twitter detailing how expensive and tedious a reorg would be. Join Genesis now and continue reading, Soft Fork: Binance, Bitcoin, and reorgs! TRENDING. 1. As cold weather arrives, U.S. states see record increases in COVID-19 cases. 2. SMIC Says U.S. Is ... Blockchain reorgs are generally cast as assaults, namely in the manner of a 51 percent attack.. Yet after the cryptoeconomy’s most popular exchange Binance was hacked out of a whopping 7,000 bitcoin this week, a reorg of the Bitcoin blockchain was floated as a way to potentially remedy the attack. The suggestion quickly generated controversy.

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Record $816M in Bitcoin leaves Binance — Are whales ...

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