Mike Hearn [ARCHIVE] on Nostr: 📅 Original date posted:2014-06-16 📝 Original message:> > I only meant that ...
📅 Original date posted:2014-06-16
📝 Original message:>
> I only meant that double spends minutes apart are possible and that by then
> the sole use of a monitor is too late even if it will tell you.
>
As long as miners stick to Satoshi's first seen rule, which is the default,
it's useful:
https://bitcointalk.org/index.php?topic=423.msg3819#msg3819
(this is the famous "snack machine" thread from 2010)
If they decide to change to something like highest-fee-always-wins, then
they (again) centralise things by forcing all instant transactions to pay
GreenAddress and its competitors money - much though I like your product
Lawrence, let's hope they don't collectively lemming us all off a cliff by
doing that ;)
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140616/aad4540f/attachment.html>;
📝 Original message:>
> I only meant that double spends minutes apart are possible and that by then
> the sole use of a monitor is too late even if it will tell you.
>
As long as miners stick to Satoshi's first seen rule, which is the default,
it's useful:
https://bitcointalk.org/index.php?topic=423.msg3819#msg3819
(this is the famous "snack machine" thread from 2010)
If they decide to change to something like highest-fee-always-wins, then
they (again) centralise things by forcing all instant transactions to pay
GreenAddress and its competitors money - much though I like your product
Lawrence, let's hope they don't collectively lemming us all off a cliff by
doing that ;)
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140616/aad4540f/attachment.html>;