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authorjoliver <joliver@airmail.cc>2015-02-22 15:18:05 +0000
committerbitcoindev <bitcoindev@gnusha.org>2015-02-22 15:18:14 +0000
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parentf602838abd33f29f4fa9f0e210c07da6e21a2383 (diff)
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Re: [Bitcoin-development] alternate proposal opt-in miner takes double-spend (Re: replace-by-fee v0.10.0rc4)
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+Date: Sun, 22 Feb 2015 15:18:05 +0000
+From: joliver@airmail.cc
+To: bitcoin-development@lists.sourceforge.net
+In-Reply-To: <20150222143353.GA32621@savin.petertodd.org>
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+Subject: Re: [Bitcoin-development] alternate proposal opt-in miner takes
+ double-spend (Re: replace-by-fee v0.10.0rc4)
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+
+On 2015-02-22 14:33, Peter Todd wrote:
+> On Sun, Feb 22, 2015 at 02:11:31PM +0000, Adam Back wrote:
+>> My actual point outside of the emotive stuff (and I should've stayed
+>> away from that too) is how about we explore ways to improve practical
+>> security of fast confirmation transactions, and if we find something
+>> better, then we can help people migrate to that before deprecating the
+>> current weaker 0-conf transactions.
+>>
+>> If I understand this is also your own motivation.
+>
+> Indeed, which is why I wrote some easy-to-use and highly effective
+> tools
+> to pull off double-spends and made sure to publicise them and their
+> effectiveness widely. They've had their desired effect and very few
+> people are relying on unconfirmed transactions anymore.
+
+You mean you wrote a bunch of FUD about zeroconf transactions while
+working for companies like Coinbase and GreenAddress that were trying to
+sell 100% centralized solutions? Lets just be clear on this.
+
+I and many other people tried your replace-by-fee tools and found out
+that they worked **maybe** 1-2% of the time. You claimed 95% success
+rates.
+
+> As for the
+> remaining, next week alone I'll be volunteering one or two hours of my
+> consulting time to discuss solutions with a team doing person-to-person
+> trading for instance.
+
+A "team"
+
+You mean a **Company**? We don't need yet another 100% centralized
+LocalBitcoins snooping on our transactions.
+
+
+