Create account

replied 2741d
Consider a miner who tries to do frequent deep reorganizations on the chain, let's say 6 blocks, for whatever reason.
replied 2741d
He has to have something to gain by doing it, so let's assume he's somehow incentivized - either because of gaining the block rewards+fees, or double spending..
replied 2741d
As long as other miners feel that the benefit to be gained by the re-org (e.g. increased proof-of-work, significant fraudulent activity eliminated etc) isn't harming ...
replied 2741d
...but *helping* the network --- they might support the re-org instead of considering it an attack.

However, ...
replied 2741d
... other miners are under no obligation to support any type of re-org.

Under normal operating circumstances, it inconveniences users - at worst it's an attack (see the whitepaper).
cbeastsv
replied 2741d
Merchants will be inconvenienced when their payments get reversed.
replied 2741d
Absolutely - I group everyone that's not a miner under 'users' above, as in 'users of the blockchain'.
replied 2741d
End of this little monologue - thanks for reading this far!