Showing posts with label currency cryptography What's the maximum possible utxo growth rate now? Can that be turned into an attack?. Show all posts
Showing posts with label currency cryptography What's the maximum possible utxo growth rate now? Can that be turned into an attack?. Show all posts

What's the maximum possible utxo growth rate now? Can that be turned into an attack?

Tuesday, November 3, 2015

Now bitcoin unspent transaction output growth rate (not total size) can be, 260k utxo/day (3×60×60×24). With 8MB blocks, that's 2.8 million.



Single 1 bitcoin output can be split into 1000 x 1 mBTC outputs, within 100 minutes (10 blocks). Then, those 1000 outputs can be moved individually, as required..



Does this kind of utxo bloat attack work? Anything wrong with my calculations?