From: justusranvier@riseup•net
To: Eric Lombrozo <elombrozo@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] F2Pool has enabled full replace-by-fee
Date: Fri, 19 Jun 2015 16:54:42 +0000 [thread overview]
Message-ID: <380151fa41180b7501c4207009de6565@riseup.net> (raw)
In-Reply-To: <83A7C606-B601-47D2-BE10-2A1412D97514@gmail.com>
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On 2015-06-19 16:42, Eric Lombrozo wrote:
> If we want a non-repudiation mechanism in the protocol, we should
> explicitly define one rather than relying on “prima facie”
> assumptions. Otherwise, I would recommend not relying on the existence
> of a signed transaction as proof of intent to pay…
Again, I'm not talking about any changes to the protocol. The mining
mechanism in the Bitcoin protocol is the fallback method of resolving
fraud that isn't prevented or resolved via other mechanisms.
There are plenty of other ways economic actors resolve their
disagreements other than blockchain adjudication. Sometimes when both
parties are identified and reside in the same legal jurisdiction,
contract violations and fraud can be adjudicated in courts. In some
situations, the parties involved may have access to private dispute
resolution techniques.
Sometimes the stakeholders in the network act to preserve the long term
value of their investments, even if it means passing short-term profits.
The more of those stakeholders there are in Bitcoin, the more effective
it is to make the case for choices that are long-term beneficial.
The degree to which anyone should rely on a signed transaction as
assurance of future payment is not a question with a universal answer.
It depends on the particular details of the situation, and the parties
involved, and their own risk tolerances and time preferences. There's no
right answer for everyone, which is why "let's break zeroconf because
*I* don't think it's safe enough" is a kind of vandalism.
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next prev parent reply other threads:[~2015-06-19 16:54 UTC|newest]
Thread overview: 79+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-06-19 10:39 Peter Todd
2015-06-19 13:33 ` Gavin Andresen
2015-06-19 13:52 ` Peter Todd
2015-06-19 14:00 ` Adrian Macneil
2015-06-19 14:08 ` Peter Todd
2015-06-19 14:30 ` Adrian Macneil
2015-06-19 14:59 ` Peter Todd
2015-06-19 15:20 ` Adrian Macneil
2015-06-19 15:40 ` Peter Todd
2015-06-19 16:18 ` Adrian Macneil
2015-06-19 16:37 ` Peter Todd
2015-06-19 20:39 ` Matt Whitlock
2015-06-19 21:05 ` Frank Flores
2015-06-19 21:15 ` Jeff Garzik
2015-06-20 0:47 ` Andreas Petersson
2015-06-20 1:09 ` Mark Friedenbach
2015-06-20 1:23 ` Aaron Voisine
2015-06-20 3:07 ` Eric Lombrozo
2015-06-20 3:48 ` Luke Dashjr
2015-06-20 4:02 ` Eric Lombrozo
2015-06-20 16:43 ` Ivan Brightly
2015-06-20 17:38 ` Cameron Hejazi
2015-06-19 14:40 ` Chun Wang
2015-06-19 15:22 ` Adrian Macneil
2015-06-19 13:33 ` Stephen Morse
2015-06-19 13:37 ` Chun Wang
2015-06-19 13:48 ` Peter Todd
2015-06-19 14:16 ` Lawrence Nahum
2015-06-19 13:40 ` Adrian Macneil
2015-06-19 13:44 ` Peter Todd
2015-06-19 13:52 ` Chun Wang
2015-06-19 15:43 ` Jeff Garzik
2015-06-19 19:49 ` Jeffrey Paul
2015-06-19 15:42 ` Jeff Garzik
2015-06-19 16:15 ` Peter Todd
2015-06-19 15:00 ` justusranvier
2015-06-19 15:11 ` Peter Todd
2015-06-19 15:37 ` Eric Lombrozo
2015-06-19 15:53 ` justusranvier
2015-06-19 16:36 ` Matt Whitlock
2015-06-19 16:42 ` Eric Lombrozo
2015-06-19 16:46 ` Matt Whitlock
2015-06-19 16:53 ` Peter Todd
2015-06-19 16:54 ` justusranvier [this message]
2015-06-19 17:00 ` Tier Nolan
2015-06-20 23:20 ` Jorge Timón
2015-06-20 23:37 ` justusranvier
2015-06-21 0:19 ` Eric Lombrozo
2015-06-21 0:27 ` justusranvier
2015-06-21 0:36 ` Eric Lombrozo
2015-06-21 0:54 ` Eric Lombrozo
2015-06-21 5:56 ` Tom Harding
2015-06-21 6:45 ` Jeff Garzik
2015-06-21 7:42 ` Eric Lombrozo
2015-06-21 8:35 ` Eric Lombrozo
2015-06-21 8:41 ` Btc Drak
2015-06-21 8:51 ` Eric Lombrozo
2015-06-21 19:49 ` Jeff Garzik
2015-06-21 18:23 ` Aaron Voisine
2015-06-19 16:44 ` justusranvier
2015-06-19 17:40 ` Jeff Garzik
2015-06-19 17:48 ` justusranvier
2015-06-19 17:50 ` Jeff Garzik
2015-06-19 18:00 ` justusranvier
2015-06-19 16:50 ` Milly Bitcoin
2015-06-19 16:41 ` [Bitcoin-development] Remove Us Please Gigas Gaming Inc.
2015-06-19 18:34 ` Jameson Lopp
2015-06-19 19:55 ` John Bodeen
2015-06-19 20:01 ` Brian Hoffman
2015-06-19 20:27 ` Jameson Lopp
2015-06-20 23:16 ` [Bitcoin-development] F2Pool has enabled full replace-by-fee Jorge Timón
2015-06-20 23:47 ` Eric Lombrozo
2015-06-20 23:52 ` Eric Lombrozo
2015-06-20 23:56 ` Eric Lombrozo
2015-06-19 15:39 ` justusranvier
2015-06-19 15:39 ` Jeff Garzik
2015-06-20 20:04 ` odinn
2015-06-21 2:11 ` Dario Sneidermanis
2015-06-21 2:23 ` Dario Sneidermanis
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