From: Robert Backhaus <robbak@robbak•com>
To: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Double Spend Notification
Date: Tue, 21 May 2013 13:39:30 +1000 [thread overview]
Message-ID: <CA+i0-i-8DFUBLpjtpBGrarH72vqX5FgQGkGUYb-Zz7efHehuwA@mail.gmail.com> (raw)
In-Reply-To: <CANEZrP1inofLkfcb3q+_yBd6ZX0OGs-mNbcmu9+ECwn5wVD7jw@mail.gmail.com>
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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@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@gmail•com> wrote:
>
>> On Tue, May 21, 2013 at 3:24 AM, Robert Backhaus <robbak@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
>>
>>
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>
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next prev parent reply other threads:[~2013-05-21 3:39 UTC|newest]
Thread overview: 14+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-05-21 0:45 Quinn Harris
2013-05-21 1:24 ` Robert Backhaus
2013-05-21 1:56 ` Pieter Wuille
2013-05-21 3:27 ` Mike Hearn
2013-05-21 3:39 ` Robert Backhaus [this message]
2013-05-21 13:06 ` Peter Todd
2013-05-21 3:54 ` Gregory Maxwell
2013-05-21 4:39 ` Gavin Andresen
2013-05-21 7:04 ` Gregory Maxwell
2013-05-21 8:08 ` Robert Backhaus
2013-05-21 13:05 ` Peter Todd
2013-05-21 14:26 ` David Vorick
2013-05-21 16:47 ` Quinn Harris
2013-05-21 3:46 ` Quinn Harris
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