Gavin Andresen [ARCHIVE] on Nostr: š Original date posted:2012-11-27 š Original message:One more thought: RE: ...
š
Original date posted:2012-11-27
š Original message:One more thought:
RE: "Receipt" verus "Acceptance" :
I believe "Receipt" is the right term-- it means "I got your payment",
NOT "your payment has cleared." E.g. if I hand a merchant a paper
check they'll hand me a receipt, but the check could still bounce.
That's the analogy here-- a merchant might give you a receipt, but if
the transaction is rejected by the network for whatever reason (Finney
attack maybe) you cannot expect to go to court with your
invoice/receipt and claim you made a valid payment.
--
--
Gavin Andresen
š Original message:One more thought:
RE: "Receipt" verus "Acceptance" :
I believe "Receipt" is the right term-- it means "I got your payment",
NOT "your payment has cleared." E.g. if I hand a merchant a paper
check they'll hand me a receipt, but the check could still bounce.
That's the analogy here-- a merchant might give you a receipt, but if
the transaction is rejected by the network for whatever reason (Finney
attack maybe) you cannot expect to go to court with your
invoice/receipt and claim you made a valid payment.
--
--
Gavin Andresen