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authorPeter Todd <pete@petertodd.org>2017-12-11 13:19:43 -0500
committerbitcoindev <bitcoindev@gnusha.org>2017-12-11 18:19:51 +0000
commit2d702badaf82d4d138271a8babfad169be48bf51 (patch)
tree7b63677f2b80ea4c97ebe119bef911a1164a2fbd
parentd99e727d876319c3133b2933f4bb24479a3a808a (diff)
downloadpi-bitcoindev-2d702badaf82d4d138271a8babfad169be48bf51.tar.gz
pi-bitcoindev-2d702badaf82d4d138271a8babfad169be48bf51.zip
Re: [bitcoin-dev] BIP-21 amendment proposal: -no125
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+Date: Mon, 11 Dec 2017 13:19:43 -0500
+From: Peter Todd <pete@petertodd.org>
+To: Luke Dashjr <luke@dashjr.org>,
+ Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
+Message-ID: <20171211181943.GA9855@savin.petertodd.org>
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+Cc: Matt Corallo <matt@chaincode.com>
+Subject: Re: [bitcoin-dev] BIP-21 amendment proposal: -no125
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+On Tue, Dec 05, 2017 at 07:39:32PM +0000, Luke Dashjr via bitcoin-dev wrote:
+> On Tuesday 05 December 2017 7:24:04 PM Sjors Provoost wrote:
+> > I recently submitted a pull request that would turn on RBF by default,
+> > which triggered some discussion [2]. To ease the transition for merchan=
+ts
+> > who are reluctant to see their customers use RBF, Matt Corallo suggested
+> > that wallets honor a no125=3D1 flag.
+> >=20
+> > So a BIP-21 URI would look like this:
+> > bitcoin:175t...45W?amount=3D20.3&no125=3D1
+> >=20
+> > When this flag is set, wallets should not use RBF, regardless of their
+> > default, unless the user explicitly overrides the merchant's preference.
+>=20
+> This seems counterproductive. There is no reason to ever avoid the RBF fl=
+ag.=20
+> I'm not aware of any evidence it even reduces risk of, and it certainly=
+=20
+> doesn't prevent double spending. Plenty of miners allow RBF regardless of=
+ the=20
+> flag, and malicious double spending doesn't benefit much from RBF in any =
+case.
+
+I'll second the objection to a no-RBF flag.
+
+--=20
+https://petertodd.org 'peter'[:-1]@petertodd.org
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