From: Mike Hearn <mike@plan99•net>
To: Gareth Williams <gacrux@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] 0 confirmation txs using replace-by-fee and game theory
Date: Fri, 25 Apr 2014 12:19:12 +0200 [thread overview]
Message-ID: <CANEZrP2FJ8m-kKeLiEZw-hb9teeVXay0FqzsJ0wJTtbNABetpA@mail.gmail.com> (raw)
In-Reply-To: <5359E9CB.9050703@gmail.com>
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>
> You don't get any money back, but you do get an angry shopkeeper chasing
> you down the street / calling the police / blacklisting you from the
> store.
>
If they could do that they'd just take the stolen property back and you
would have failed to spend your money twice. So this is by definition, not
a successful double spend. We are worried about the cases when you could
successfully double spend, and the only thing stopping you is Bitcoin.
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next prev parent reply other threads:[~2014-04-25 10:19 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
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 [this message]
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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