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From: Tom Harding <tomh@thinlink•com>
To: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] instant confirmation via payment protocol backwards compatible proto buffer extension
Date: Tue, 17 Jun 2014 19:01:33 -0700	[thread overview]
Message-ID: <53A0F2FD.7010605@thinlink.com> (raw)
In-Reply-To: <CAFDyEXgKpbE4WGAqROJ4J1UST=tXWgfn7uKhRO_tngJfVK_Czw@mail.gmail.com>

On 6/16/2014 8:09 AM, Daniel Rice wrote:
> What if we solved doublespends like this: If a node receives 2 
> transactions that use the same input, they can put both of them into 
> the new block as a proof of double spend, but the bitcoins are not 
> sent to the outputs of either transactions. They are instead treated 
> like a fee and given to the block solver node. This gives miners the 
> needed incentive and tools to end doublespends instead of being forced 
> to favor one transaction over the other.

Before considering a hard fork with unpredictable effects on the 
uncertainty window, it would be interesting to look at a soft fork that 
would directly target the goal of reducing the uncertainty window, like 
treating locally-detected double-spends aged > T as invalid (see earlier 
message "A statistical consensus rule for reducing 0-conf double-spend 
risk").

If anything is worth a soft fork, wouldn't reducing the double-spend 
uncertainty window by an order of magnitude be in the running?

Reducing the reasons that transactions don't get relayed, which actually 
seems to have a shot of happening pretty soon, would also make this kind 
of thing work better.




  parent reply	other threads:[~2014-06-18  2:09 UTC|newest]

Thread overview: 46+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-06-14 12:00 Lawrence Nahum
2014-06-14 12:57 ` Andreas Schildbach
2014-06-15  9:22   ` Lawrence Nahum
2014-06-15 12:46     ` Andreas Schildbach
2014-06-15 14:09       ` Lawrence Nahum
2014-06-18 12:09       ` Lawrence Nahum
2014-06-18 13:25         ` Mike Hearn
2014-06-18 15:59           ` Daniel Rice
2014-06-18 16:09             ` Mike Hearn
2014-06-19 17:36               ` Daniel Rice
2014-06-25 14:01         ` sebastien requiem
2014-06-16 12:19 ` Mike Hearn
2014-06-16 12:25   ` Mike Hearn
2014-06-16 15:09   ` Daniel Rice
2014-06-16 15:26     ` Lawrence Nahum
2014-06-16 16:00       ` Daniel Rice
2014-06-16 16:07         ` Mike Hearn
2014-06-16 15:41     ` Paul Goldstein
2014-06-16 15:48       ` Mike Hearn
2014-06-16 16:30         ` Lawrence Nahum
2014-06-16 16:45           ` Mike Hearn
2014-06-16 16:56             ` Lawrence Nahum
2014-06-16 17:01               ` Mike Hearn
2014-06-16 17:16                 ` Lawrence Nahum
2014-06-16 18:02                   ` Alex Kotenko
2014-06-16 18:09                     ` Mike Hearn
2014-06-16 20:29                       ` Daniel Rice
2014-06-16 20:32                         ` Mike Hearn
2014-06-16 20:37                           ` Daniel Rice
2014-06-16 20:46                             ` Mike Hearn
2014-06-16 20:53                               ` Daniel Rice
2014-06-16 20:55                                 ` Mike Hearn
2014-06-16 20:50                             ` [Bitcoin-development] Fidelity bonds for decentralized instant confirmation guarantees Peter Todd
2014-06-16 21:02                         ` [Bitcoin-development] instant confirmation via payment protocol backwards compatible proto buffer extension Daniel Rice
2014-06-16 20:32                       ` Alex Kotenko
2014-06-16 17:44                 ` Jorge Timón
2014-06-17 15:58                 ` Isidor Zeuner
2014-06-18  1:39         ` Tom Harding
2014-06-17 15:58     ` Isidor Zeuner
2014-06-18  9:15       ` Mike Hearn
2014-06-18 20:47       ` Natanael
2014-06-18  2:01     ` Tom Harding [this message]
2014-06-16 15:28   ` Lawrence Nahum
2014-06-16 15:43     ` Mike Hearn
2014-06-16 17:05       ` Lawrence Nahum
2014-06-16  8:53 Daniel Rice

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