📅 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
>> browser, app, & servers with just a few lines of code. Try New Relic
>> and get this awesome Nerd Life shirt!
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>> Bitcoin-development mailing list
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>> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>>
>
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Robert Backhaus [ARCHIVE] /
npub1l2…4hapw
2023-06-07 17:02:17
in reply to nevent1q…an5g
Author Public Key
npub1l2n4ksu6cjucm97ffzss5xtrqew80wgqr3tmfr5sxcm2lhmxx6nqp4hapwPublished at
2023-06-07 17:02:17Event JSON
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"content": "📅 Original date posted:2013-05-21\n📝 Original message:That's good - what I had taken away from the replace-by-fee discussions was\nthat it was finally decided.\n\nMy opinion is that we should be doing what we can to make 0-confs as\nreliable as possible - which will always be 'not very', but a solid system\nto notify on attempted double-spends is a good start.\n\nI'd like to know how Peter Todd's experiment with the 2BTC reward has gone.\n\n\nOn 21 May 2013 13:27, Mike Hearn \u003cmike at plan99.net\u003e wrote:\n\n\u003e Indeed, that has been proposed but it's a dumb idea and I'm very sceptical\n\u003e it will go anywhere. Certainly no decision was made. The arguments for it\n\u003e are based on some quite faulty thinking about economics. Double spend\n\u003e notifications have been proposed a long time ago, I believe Matt has\n\u003e indicated some interest in implementing them and that is the right way to\n\u003e go.\n\u003e On 20 May 2013 18:57, \"Pieter Wuille\" \u003cpieter.wuille at gmail.com\u003e wrote:\n\u003e\n\u003e\u003e On Tue, May 21, 2013 at 3:24 AM, Robert Backhaus \u003crobbak at robbak.com\u003e\n\u003e\u003e wrote:\n\u003e\u003e \u003e So the decision has been made to make 0-conf double spends trivial, so\n\u003e\u003e no\n\u003e\u003e \u003e one will ever trust 0-confs. If a later transaction appears with a\n\u003e\u003e larger\n\u003e\u003e \u003e fee, it will be considered to be the valid one, and the first one\n\u003e\u003e dropped,\n\u003e\u003e \u003e as long as the first one has not been confirmed. This makes undoing a\n\u003e\u003e \u003e mistaken transaction possible.\n\u003e\u003e\n\u003e\u003e This has been suggested, but I know of no such decision having been made.\n\u003e\u003e\n\u003e\u003e --\n\u003e\u003e Pieter\n\u003e\u003e\n\u003e\u003e\n\u003e\u003e ------------------------------------------------------------------------------\n\u003e\u003e Try New Relic Now \u0026 We'll Send You this Cool Shirt\n\u003e\u003e New Relic is the only SaaS-based application performance monitoring\n\u003e\u003e service\n\u003e\u003e that delivers powerful full stack analytics. Optimize and monitor your\n\u003e\u003e browser, app, \u0026 servers with just a few lines of code. Try New Relic\n\u003e\u003e and get this awesome Nerd Life shirt!\n\u003e\u003e http://p.sf.net/sfu/newrelic_d2d_may\n\u003e\u003e _______________________________________________\n\u003e\u003e Bitcoin-development mailing list\n\u003e\u003e Bitcoin-development at lists.sourceforge.net\n\u003e\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\u003e\u003e\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20130521/860b94b0/attachment.html\u003e",
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