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From: Chris Pacia <ctpacia@gmail•com>
To: Mike Hearn <mike@plan99•net>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] 0 confirmation txs using replace-by-fee and game theory
Date: Thu, 24 Apr 2014 08:07:10 -0400	[thread overview]
Message-ID: <CAB+qUq7=o05GgCNdTtH=cuW56qbjg5v0ZpxvCYmCPj1AvFui+g@mail.gmail.com> (raw)
In-Reply-To: <CANEZrP1f9WV-Mp9SGm4q88h82xxBnwqg8M7JJhnqGOHCWf65xg@mail.gmail.com>

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This scheme would discourage people from attempting a Finney attack because
they would end up worse off if they did.

It would work but it's an ugly hack IMO. What do people do if they don't
have extra to pay when making a purchase? I have 200 mbtc and want to buy a
200 mbtc phone but I can't because I need 400 mbtc. Sucks for me.

I would much prefer the hassle of a green address notary than always having
to make sure I have double what I need to make a purchase.
On Apr 24, 2014 7:55 AM, "Mike Hearn" <mike@plan99•net> wrote:

> Am I missing something?
>
>
> The scheme you described does nothing about Finney attacks, which is the
> issue presently faced.
>
>
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  reply	other threads:[~2014-04-24 12:07 UTC|newest]

Thread overview: 13+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-04-24 10:48 Jorge Timón
2014-04-24 11:54 ` Mike Hearn
2014-04-24 12:07   ` Chris Pacia [this message]
2014-04-24 12:15     ` Mike Hearn
2014-04-24 14:49       ` Jorge Timón
2014-04-24 15:45         ` Mike Hearn
2014-04-24 17:13       ` Jannis Froese
2014-06-19  3:47       ` Isidor Zeuner
2014-04-25  4:51     ` Gareth Williams
2014-04-25 10:19       ` Mike Hearn
2014-04-25 13:38         ` Gareth Williams
2014-04-24 12:59 ` Peter Todd
2014-04-24 14:20   ` Jorge Timón

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