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authorChris Pacia <ctpacia@gmail.com>2014-04-24 08:07:10 -0400
committerbitcoindev <bitcoindev@gnusha.org>2014-04-24 12:07:16 +0000
commit6eff159f71c64a309ce244110d1a415e19741f67 (patch)
treeae3ccd6ba19838c48c85cb0b98bbb4e4072cbbd7
parent18d1148167d91d8e2effbe30d6c8c52d793721ee (diff)
downloadpi-bitcoindev-6eff159f71c64a309ce244110d1a415e19741f67.tar.gz
pi-bitcoindev-6eff159f71c64a309ce244110d1a415e19741f67.zip
Re: [Bitcoin-development] 0 confirmation txs using replace-by-fee and game theory
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+From: Chris Pacia <ctpacia@gmail.com>
+To: Mike Hearn <mike@plan99.net>
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+Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
+Subject: Re: [Bitcoin-development] 0 confirmation txs using replace-by-fee
+ and game theory
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+--047d7bd769505050e004f7c8b087
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+
+This scheme would discourage people from attempting a Finney attack because
+they would end up worse off if they did.
+
+It would work but it's an ugly hack IMO. What do people do if they don't
+have extra to pay when making a purchase? I have 200 mbtc and want to buy a
+200 mbtc phone but I can't because I need 400 mbtc. Sucks for me.
+
+I would much prefer the hassle of a green address notary than always having
+to make sure I have double what I need to make a purchase.
+On Apr 24, 2014 7:55 AM, "Mike Hearn" <mike@plan99.net> wrote:
+
+> Am I missing something?
+>
+>
+> The scheme you described does nothing about Finney attacks, which is the
+> issue presently faced.
+>
+>
+> ------------------------------------------------------------------------------
+> Start Your Social Network Today - Download eXo Platform
+> Build your Enterprise Intranet with eXo Platform Software
+> Java Based Open Source Intranet - Social, Extensible, Cloud Ready
+> Get Started Now And Turn Your Intranet Into A Collaboration Platform
+> http://p.sf.net/sfu/ExoPlatform
+> _______________________________________________
+> Bitcoin-development mailing list
+> Bitcoin-development@lists.sourceforge.net
+> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
+>
+>
+
+--047d7bd769505050e004f7c8b087
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+
+<p dir=3D"ltr">This scheme would discourage people from attempting a Finney=
+ attack because they would end up worse off if they did. </p>
+<p dir=3D"ltr">It would work but it&#39;s an ugly hack IMO. What do people =
+do if they don&#39;t have extra to pay when making a purchase? I have 200 m=
+btc and want to buy a 200 mbtc phone but I can&#39;t because I need 400 mbt=
+c. Sucks for me.</p>
+
+<p dir=3D"ltr">I would much prefer the hassle of a green address notary tha=
+n always having to make sure I have double what I need to make a purchase.<=
+/p>
+<div class=3D"gmail_quote">On Apr 24, 2014 7:55 AM, &quot;Mike Hearn&quot; =
+&lt;<a href=3D"mailto:mike@plan99.net">mike@plan99.net</a>&gt; wrote:<br ty=
+pe=3D"attribution"><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 =
+.8ex;border-left:1px #ccc solid;padding-left:1ex">
+<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote"><blo=
+ckquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #c=
+cc solid;padding-left:1ex">Am I missing something?</blockquote><div><br></d=
+iv><div>
+
+The scheme you described does nothing about Finney attacks, which is the is=
+sue presently faced.=C2=A0</div></div></div></div>
+<br>-----------------------------------------------------------------------=
+-------<br>
+Start Your Social Network Today - Download eXo Platform<br>
+Build your Enterprise Intranet with eXo Platform Software<br>
+Java Based Open Source Intranet - Social, Extensible, Cloud Ready<br>
+Get Started Now And Turn Your Intranet Into A Collaboration Platform<br>
+<a href=3D"http://p.sf.net/sfu/ExoPlatform" target=3D"_blank">http://p.sf.n=
+et/sfu/ExoPlatform</a><br>_______________________________________________<b=
+r>
+Bitcoin-development mailing list<br>
+<a href=3D"mailto:Bitcoin-development@lists.sourceforge.net">Bitcoin-develo=
+pment@lists.sourceforge.net</a><br>
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+" target=3D"_blank">https://lists.sourceforge.net/lists/listinfo/bitcoin-de=
+velopment</a><br>
+<br></blockquote></div>
+
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