From: Mike Hearn <mike@plan99•net>
To: Natanael <natanael.l@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] replace-by-fee v0.10.0rc4
Date: Thu, 12 Feb 2015 16:42:41 +0100 [thread overview]
Message-ID: <CANEZrP2Bg=yzoc0br7u=uNnZK4TMoaBbff+0t4uP3DcRaAnW7w@mail.gmail.com> (raw)
In-Reply-To: <CAAt2M1-L+3KEvWV+4UUSZX7meXkdTMPdz8SsxqsRtGhxsjHKmg@mail.gmail.com>
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>
> I see no fundamental difference in outcome from miner collusion in
> scorched-fee (which isn't guaranteed to pay the "right" pool!) and miner
> collusion in knowingly mining a doublespend transaction.
>
Well, they're the same thing. Replace-by-fee *is* miner collusion in
knowingly mining a double spend, just triggered in a certain way.
Remember that you aren't paying the bad pool, the bad pool is paying you.
Whichever pool benefits from the scorched earth protocol can simply pick an
address out of the transaction it perceived as starting the protocol, and
pay that.
> Zero-conf needs something else for security. A guarantee it can not be
> doublespent in the relevant time frame.
>
I think this is the core point which many of these debates revolve around.
No payment system provides *guarantees*, though some are stronger than
others. All they do is manage risk.
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next prev parent reply other threads:[~2015-02-12 15:42 UTC|newest]
Thread overview: 79+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-02-12 6:47 Peter Todd
2015-02-12 7:23 ` Tamas Blummer
2015-02-12 7:45 ` Peter Todd
2015-02-12 8:27 ` Tamas Blummer
2015-02-12 8:49 ` Peter Todd
2015-02-12 9:01 ` Tamas Blummer
2015-02-15 20:51 ` Troy Benjegerdes
2015-02-12 8:16 ` Alex Mizrahi
2015-02-12 11:58 ` Mike Hearn
2015-02-12 12:23 ` Natanael
2015-02-12 12:49 ` Mike Hearn
2015-02-12 13:02 ` Natanael
2015-02-12 13:44 ` Mike Hearn
2015-02-12 14:36 ` Natanael
2015-02-12 14:53 ` Mike Hearn
2015-02-12 15:20 ` Natanael
2015-02-12 15:30 ` Justus Ranvier
2015-02-12 13:36 ` Oleg Andreev
2015-02-12 12:52 ` Alex Mizrahi
2015-02-12 13:18 ` Mike Hearn
2015-02-12 13:45 ` Alex Mizrahi
2015-02-12 13:52 ` Mike Hearn
2015-02-12 14:04 ` Tamas Blummer
2015-02-12 14:16 ` Mike Hearn
2015-02-12 14:25 ` Tamas Blummer
2015-02-12 23:08 ` Tom Harding
2015-02-12 14:32 ` Alex Mizrahi
2015-02-12 15:15 ` Mike Hearn
2015-02-12 15:32 ` Natanael
2015-02-12 15:42 ` Mike Hearn [this message]
2015-02-12 15:54 ` Natanael
2015-02-12 16:57 ` Btc Drak
2015-02-12 17:24 ` Oleg Andreev
2015-02-12 18:11 ` Justus Ranvier
2015-02-12 18:37 ` Allen Piscitello
2015-02-12 19:15 ` Alan Reiner
2015-02-12 19:34 ` Justus Ranvier
2015-02-12 19:45 ` Peter Todd
2015-02-12 19:49 ` Justus Ranvier
2015-02-12 19:47 ` Allen Piscitello
2015-02-12 19:52 ` Justus Ranvier
2015-02-12 20:02 ` Natanael
2015-02-12 20:36 ` Allen Piscitello
2015-02-14 14:47 ` Ross Nicoll
2015-02-12 20:06 ` Peter Todd
2015-02-12 19:49 ` Gregory Maxwell
2015-02-12 20:18 ` Peter Todd
2015-02-13 11:34 ` Mike Hearn
2015-02-12 12:54 ` Tamas Blummer
2015-02-12 14:42 ` Alex Mizrahi
2015-02-12 15:27 ` Jeff Garzik
2015-02-15 21:25 ` Troy Benjegerdes
2015-02-15 21:40 ` Adam Gibson
2015-02-19 8:56 ` Troy Benjegerdes
2015-02-21 19:09 ` Jorge Timón
2015-02-21 20:30 ` Mark Friedenbach
2015-02-21 22:47 ` Jeff Garzik
2015-02-22 1:15 ` Peter Todd
2015-02-22 3:25 ` Jorge Timón
2015-02-22 4:06 ` Jeff Garzik
2015-02-22 11:41 ` Eric Lombrozo
2015-02-22 12:06 ` Eric Lombrozo
2015-02-22 13:41 ` Eric Lombrozo
2015-02-22 13:53 ` Peter Todd
2015-02-22 23:29 ` Eric Lombrozo
2015-02-24 1:11 ` Jeff Garzik
2015-03-01 17:59 ` Troy Benjegerdes
2015-03-01 19:05 ` Neil Fincham
2015-03-01 17:44 ` Troy Benjegerdes
2015-02-12 16:15 ` Lawrence Nahum
2015-02-12 18:14 ` Tom Harding
2015-02-12 21:40 ` Josh Lehan
2015-02-22 16:36 ` Tom Harding
2015-02-22 17:12 ` Peter Todd
2015-02-22 19:25 ` Tom Harding
2015-02-22 21:50 ` Peter Todd
2015-05-04 4:36 ` [Bitcoin-development] New release of replace-by-fee for Bitcoin Core v0.10.1 Peter Todd
2015-05-05 2:23 ` Kevin Greene
2015-05-23 18:26 ` [Bitcoin-development] Replace-by-fee v0.10.2 - Serious DoS attack fixed! - Also novel variants of existing attacks w/ Bitcoin XT and Android Bitcoin Wallet Peter Todd
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