From: Aaron Voisine <voisine@gmail•com>
To: Eric Lombrozo <elombrozo@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>,
Justus Ranvier <justusranvier@riseup•net>
Subject: Re: [Bitcoin-development] F2Pool has enabled full replace-by-fee
Date: Sun, 21 Jun 2015 11:23:20 -0700 [thread overview]
Message-ID: <CACq0ZD6BLTEL36oO-ywcVB17LMREVN1s9Vwpe8K-P=J++4wHGA@mail.gmail.com> (raw)
In-Reply-To: <70534C5D-8834-42B5-B495-FD9975E8FCF4@gmail.com>
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We should use relay and default tx selection rules to raise the cost of
double spend attacks as far as it is easy and practical to do so. This
increases the value of the bitcoin network by making it practical to use in
more situations for more people. Merchants of course can't rely on them
being cryptographically safe, but the safer they are, the more useful.
The argument that since they can't be made perfectly safe, they should be
as easy as possible to reverse so that merchants learn not to rely on them,
is an incorrect one that reduces the usefulness and value of bitcoin.
Merchants will learn very quickly what the costs of accepting bitcoin
payments are, and the lower they are, the greater bitcoin merchant adoption
will be.
Aaron Voisine
co-founder and CEO
breadwallet.com
On Sat, Jun 20, 2015 at 5:54 PM, Eric Lombrozo <elombrozo@gmail•com> wrote:
> One more thing I would like to add to this thread: I want to make it
> unequivocally clear that I believe what is making double-spends easier has
> relatively little to do with the protocol and almost everything to do with
> poor software and poor security policy on the merchant end. Perhaps it
> isn’t prudent to push out changes to the relay policy that make these
> exploits even easier right now - but we NEED to be applying some kind of
> pressure on the merchant end to upgrade their stuff to be more resilient so
> that we have more room for changes on things like relay policy without
> significant disruption to the network.
>
> - Eric Lombrozo
>
>
> ------------------------------------------------------------------------------
>
> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development@lists•sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>
>
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next prev parent reply other threads:[~2015-06-21 18:23 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
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 [this message]
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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