Subject: Re: [Bitcoin-development] instant confirmation via payment protocol backwards compatible proto buffer extension

From: Mike Hearn <[email-masked]>
Date: Wed, 18 Jun 2014 11:15:48 +0200

Please, let's talk about other anti-double spend things on a separate
thread.

On Tue, Jun 17, 2014 at 5:58 PM, Isidor Zeuner <[email-masked]
> wrote:

> What prevents the following steps from happening:
>

I linked to Satoshi's post on this earlier, he explains why it works there,
assuming people follow the original protocol rules.

Your analysis holds as long as network abandons the original Bitcoin
design. Obviously, we hope people won't do that. If everyone decides not to
do things how Satoshi laid out then things will break, although whether we
have a failure of "Bitcoin" at that point is debatable.