Lawrence Nahum [ARCHIVE] on Nostr: š Original date posted:2014-06-16 š Original message:Daniel Rice <drice <at> ...
š
Original date posted:2014-06-16
š Original message:Daniel Rice <drice <at> greenmangosystems.com> writes:
> If double spends are not resolved, there will be a million instant
providers in the long run and if double spends are resolved then this BIP
extension is completely unnecessary.
I am not sure if double spends can be resolved, at the moment they are not
and I highly doubt you will see millions instant providers just like I don't
see millions Certificate Authorities and I don't see Million Credit Card
networks.
Any reason you think people will spread trust instead of consolidating of a
bunch of instant transaction providers when time is critical?
š Original message:Daniel Rice <drice <at> greenmangosystems.com> writes:
> If double spends are not resolved, there will be a million instant
providers in the long run and if double spends are resolved then this BIP
extension is completely unnecessary.
I am not sure if double spends can be resolved, at the moment they are not
and I highly doubt you will see millions instant providers just like I don't
see millions Certificate Authorities and I don't see Million Credit Card
networks.
Any reason you think people will spread trust instead of consolidating of a
bunch of instant transaction providers when time is critical?