[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Christian Ludwig [@christi61026749](/creator/twitter/christi61026749) on x 8670 followers Created: 2025-07-18 21:00:35 UTC Yeah, but is your coin guy-who-did-bitcoins-first-security-audit level of secure?👇🏼🔥 “Secure High Rate Transaction Processing in Bitcoin” -2015 Abstract: “Bitcoin is a disruptive new crypto-currency based on a decentralized open-source protocol which has been gradually gaining momentum. Perhaps the most important question that will affect Bitcoin’s success, is whether or not it will be able to scale to support the high volume of transactions required from a global currency system. We investigate the implications of having a higher transaction throughput on Bitcoin’s security against double-spend attacks. We show that at high throughput, substantially weaker attackers are able to reverse payments they have made, even well after they were considered accepted by recipients. We address this security concern through the GHOST rule, a modification to the way Bitcoin nodes construct and re-organize the block chain, Bitcoin’s core distributed data-structure. GHOST has been adopted and a variant of it has been implemented as part of the Ethereum project, a second generation distributed applications platform.” —————- Kaspa is the application of PHANTOM GHOSTDAG, the (Mega Charizard) to GHOST’s (Charmeleon) $BTC $KAS  XXXXX engagements  **Related Topics** [has been](/topic/has-been) [invalid](/topic/invalid) [momentum](/topic/momentum) [protocol](/topic/protocol) [decentralized](/topic/decentralized) [cryptocurrency](/topic/cryptocurrency) [abstract](/topic/abstract) [bitcoin](/topic/bitcoin) [Post Link](https://x.com/christi61026749/status/1946314179314667894)
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Christian Ludwig @christi61026749 on x 8670 followers
Created: 2025-07-18 21:00:35 UTC
Yeah, but is your coin guy-who-did-bitcoins-first-security-audit level of secure?👇🏼🔥
“Secure High Rate Transaction Processing in Bitcoin” -2015
Abstract:
“Bitcoin is a disruptive new crypto-currency based on a decentralized open-source protocol which has been gradually gaining momentum. Perhaps the most important question that will affect Bitcoin’s success, is whether or not it will be able to scale to support the high volume of transactions required from a global currency system. We investigate the implications of having a higher transaction throughput on Bitcoin’s security against double-spend attacks. We show that at high throughput, substantially weaker attackers are able to reverse payments they have made, even well after they were considered accepted by recipients. We address this security concern through the GHOST rule, a modification to the way Bitcoin nodes construct and re-organize the block chain, Bitcoin’s core distributed data-structure. GHOST has been adopted and a variant of it has been implemented as part of the Ethereum project, a second generation distributed applications platform.”
—————-
Kaspa is the application of PHANTOM GHOSTDAG, the (Mega Charizard) to GHOST’s (Charmeleon)
$BTC $KAS
XXXXX engagements
Related Topics has been invalid momentum protocol decentralized cryptocurrency abstract bitcoin