From: Drak <drak@zikula•org>
To: Mike Hearn <mike@plan99•net>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Floating fees and SPV clients
Date: Tue, 3 Dec 2013 12:05:21 +0000 [thread overview]
Message-ID: <CANAnSg0s-fo=+SmzZpv+5Yv32jXP3ptnjbV8DxexC8tvW5wtDg@mail.gmail.com> (raw)
In-Reply-To: <CANEZrP1Ef7P_bvE_qY+CsXG02=jGx8f4DrDKweSo7AAXLjeWXQ@mail.gmail.com>
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On 3 December 2013 11:46, Mike Hearn <mike@plan99•net> wrote:
> On Tue, Dec 3, 2013 at 12:41 PM, Gavin Andresen <gavinandresen@gmail•com>wrote:
>>
>> If users want to pay with a huge transaction then it seems to me the user
>> should cover that cost. Allowing users to pay merchants with 100K
>> transactions full of dust and expecting them to eat the cost seems like a
>> great way to enable bleed-the-merchant-dry attacks.
>>
>
> A merchant can always refuse the payment and refund it if that's a
> practical problem. I doubt it would be though. If a user is trying to buy
> something from the merchant, they will want it to work, and it'll be up to
> the developers of the wallet they're using to ensure it never does anything
> obnoxious or unacceptable that would result in people hating to receive
> money from that app.
>
Refunds in this circumstance would be problematic because someone is going
to lose because they have to pay the fee. If the sender's money is refunded
minus the fee, they will be unhappy. And the merchant will be unhappy about
having had an unacceptable transaction they have to send back, and eat a
fee for the privilege.
This kind of situation needs to be avoided at all costs.
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next prev parent reply other threads:[~2013-12-03 12:05 UTC|newest]
Thread overview: 46+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-12-01 11:51 Mike Hearn
2013-12-01 12:15 ` Andreas Schildbach
2013-12-01 13:41 ` Mike Hearn
2013-12-01 16:50 ` Andreas Schildbach
2013-12-01 17:19 ` Mike Hearn
2013-12-01 17:40 ` Andreas Schildbach
2013-12-01 17:52 ` Mike Hearn
2013-12-01 18:12 ` Peter Todd
2013-12-01 18:18 ` Mike Hearn
2013-12-01 18:37 ` Peter Todd
2013-12-02 13:54 ` Patrick Mead
2013-12-02 14:33 ` Mike Hearn
2013-12-02 14:37 ` Jeff Garzik
2013-12-02 14:44 ` Mike Hearn
2013-12-02 14:47 ` Jeff Garzik
2013-12-03 1:40 ` Gavin Andresen
2013-12-03 10:06 ` Mike Hearn
2013-12-03 10:36 ` Drak
2013-12-03 10:45 ` Mike Hearn
2013-12-03 11:04 ` Drak
2013-12-03 11:07 ` Gavin Andresen
2013-12-03 11:29 ` Mike Hearn
2013-12-03 11:37 ` Peter Todd
2013-12-03 11:41 ` Gavin Andresen
2013-12-03 11:46 ` Mike Hearn
2013-12-03 11:54 ` Gavin Andresen
2013-12-03 12:05 ` Drak [this message]
2013-12-03 11:57 ` Taylor Gerring
2013-12-03 12:07 ` Peter Todd
2013-12-03 13:20 ` Jamie McNaught
2013-12-03 13:20 ` Mike Hearn
2013-12-03 13:48 ` Taylor Gerring
2013-12-03 13:54 ` Mike Hearn
2013-12-03 14:42 ` Quinn Harris
2013-12-04 1:45 ` Jeremy Spilman
2013-12-04 10:40 ` Mike Hearn
2013-12-04 10:57 ` Peter Todd
2013-12-04 11:09 ` Mike Hearn
2013-12-04 13:06 ` Peter Todd
2013-12-04 13:48 ` Mike Hearn
2013-12-04 21:51 ` Peter Todd
2013-12-03 11:03 ` Peter Todd
2013-12-03 11:09 ` Drak
2013-12-03 11:33 ` Peter Todd
2013-12-04 5:50 ` kjj
2013-12-03 11:31 ` Peter Todd
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