Robert Backhaus [ARCHIVE] on Nostr: 📅 Original date posted:2013-05-21 📝 Original message:That's good - what I had ...
📅 Original date posted:2013-05-21
📝 Original message:That's good - what I had taken away from the replace-by-fee discussions was
that it was finally decided.
My opinion is that we should be doing what we can to make 0-confs as
reliable as possible - which will always be 'not very', but a solid system
to notify on attempted double-spends is a good start.
I'd like to know how Peter Todd's experiment with the 2BTC reward has gone.
On 21 May 2013 13:27, Mike Hearn <mike at plan99.net> wrote:
> Indeed, that has been proposed but it's a dumb idea and I'm very sceptical
> it will go anywhere. Certainly no decision was made. The arguments for it
> are based on some quite faulty thinking about economics. Double spend
> notifications have been proposed a long time ago, I believe Matt has
> indicated some interest in implementing them and that is the right way to
> go.
> On 20 May 2013 18:57, "Pieter Wuille" <pieter.wuille at gmail.com> wrote:
>
>> On Tue, May 21, 2013 at 3:24 AM, Robert Backhaus <robbak at robbak.com>
>> wrote:
>> > So the decision has been made to make 0-conf double spends trivial, so
>> no
>> > one will ever trust 0-confs. If a later transaction appears with a
>> larger
>> > fee, it will be considered to be the valid one, and the first one
>> dropped,
>> > as long as the first one has not been confirmed. This makes undoing a
>> > mistaken transaction possible.
>>
>> This has been suggested, but I know of no such decision having been made.
>>
>> --
>> Pieter
>>
>>
>> ------------------------------------------------------------------------------
>> Try New Relic Now & We'll Send You this Cool Shirt
>> New Relic is the only SaaS-based application performance monitoring
>> service
>> that delivers powerful full stack analytics. Optimize and monitor your
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>> and get this awesome Nerd Life shirt!
>> http://p.sf.net/sfu/newrelic_d2d_may
>> _______________________________________________
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>> Bitcoin-development at lists.sourceforge.net
>> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>>
>
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📝 Original message:That's good - what I had taken away from the replace-by-fee discussions was
that it was finally decided.
My opinion is that we should be doing what we can to make 0-confs as
reliable as possible - which will always be 'not very', but a solid system
to notify on attempted double-spends is a good start.
I'd like to know how Peter Todd's experiment with the 2BTC reward has gone.
On 21 May 2013 13:27, Mike Hearn <mike at plan99.net> wrote:
> Indeed, that has been proposed but it's a dumb idea and I'm very sceptical
> it will go anywhere. Certainly no decision was made. The arguments for it
> are based on some quite faulty thinking about economics. Double spend
> notifications have been proposed a long time ago, I believe Matt has
> indicated some interest in implementing them and that is the right way to
> go.
> On 20 May 2013 18:57, "Pieter Wuille" <pieter.wuille at gmail.com> wrote:
>
>> On Tue, May 21, 2013 at 3:24 AM, Robert Backhaus <robbak at robbak.com>
>> wrote:
>> > So the decision has been made to make 0-conf double spends trivial, so
>> no
>> > one will ever trust 0-confs. If a later transaction appears with a
>> larger
>> > fee, it will be considered to be the valid one, and the first one
>> dropped,
>> > as long as the first one has not been confirmed. This makes undoing a
>> > mistaken transaction possible.
>>
>> This has been suggested, but I know of no such decision having been made.
>>
>> --
>> Pieter
>>
>>
>> ------------------------------------------------------------------------------
>> Try New Relic Now & We'll Send You this Cool Shirt
>> New Relic is the only SaaS-based application performance monitoring
>> service
>> that delivers powerful full stack analytics. Optimize and monitor your
>> browser, app, & servers with just a few lines of code. Try New Relic
>> and get this awesome Nerd Life shirt!
>> http://p.sf.net/sfu/newrelic_d2d_may
>> _______________________________________________
>> Bitcoin-development mailing list
>> Bitcoin-development at lists.sourceforge.net
>> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>>
>
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