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From: Matt Whitlock <bip@mattwhitlock•name>
To: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] F2Pool has enabled full replace-by-fee
Date: Fri, 19 Jun 2015 16:39:41 -0400	[thread overview]
Message-ID: <6716121.uS5ifrNBZv@crushinator> (raw)
In-Reply-To: <CAMK47c84w=2c9y8MKHTzFf05DmKXz74a=iFViA-oZ1uRDZCAWg@mail.gmail.com>

On Friday, 19 June 2015, at 9:18 am, Adrian Macneil wrote:
> If full-RBF sees any significant adoption by miners, then it will actively
> harm bitcoin adoption by reducing or removing the ability for online or POS
> merchants to accept bitcoin payments at all.

Retail POS merchants probably should not be accepting vanilla Bitcoin payments, as Bitcoin alone does not (and cannot) guarantee the irreversibility of a transaction until it has been buried several blocks deep in the chain. Retail merchants should be requiring a co-signature from a mutually trusted co-signer that vows never to sign a double-spend. The reason we don't yet see such technology permeating the ecosystem is because, to date, zero-conf transactions have been irreversible "enough," but this has only been a happy accident; it was never promised, and it should not be relied upon.



  parent reply	other threads:[~2015-06-19 20:39 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 [this message]
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
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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