Mark Friedenbach [ARCHIVE] on Nostr: š Original date posted:2015-05-08 š Original message:The problems with that are ...
š
Original date posted:2015-05-08
š Original message:The problems with that are larger than time being unreliable. It is no
longer reorg-safe as transactions can expire in the course of a reorg and
any transaction built on the now expired transaction is invalidated.
On Fri, May 8, 2015 at 1:51 PM, Raystonn <raystonn at hotmail.com> wrote:
> Replace by fee is what I was referencing. End-users interpret the old
> transaction as expired. Hence the nomenclature. An alternative is a new
> feature that operates in the reverse of time lock, expiring a transaction
> after a specific time. But time is a bit unreliable in the blockchain
>
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š Original message:The problems with that are larger than time being unreliable. It is no
longer reorg-safe as transactions can expire in the course of a reorg and
any transaction built on the now expired transaction is invalidated.
On Fri, May 8, 2015 at 1:51 PM, Raystonn <raystonn at hotmail.com> wrote:
> Replace by fee is what I was referencing. End-users interpret the old
> transaction as expired. Hence the nomenclature. An alternative is a new
> feature that operates in the reverse of time lock, expiring a transaction
> after a specific time. But time is a bit unreliable in the blockchain
>
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