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authorPeter Todd <pete@petertodd.org>2022-10-14 11:04:56 -0400
committerbitcoindev <bitcoindev@gnusha.org>2022-10-14 15:10:49 +0000
commitd9641e92b21eb2d50642f8813ceace9ea8bb3888 (patch)
tree2446a91b45449b13c8d62db75614914068dd2cf4
parent23c0ee1a1a76c2ad8467af6613537528076df9be (diff)
downloadpi-bitcoindev-d9641e92b21eb2d50642f8813ceace9ea8bb3888.tar.gz
pi-bitcoindev-d9641e92b21eb2d50642f8813ceace9ea8bb3888.zip
Re: [bitcoin-dev] [Opt-in full-RBF] Zero-conf apps in immediate danger
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+Date: Fri, 14 Oct 2022 11:04:56 -0400
+From: Peter Todd <pete@petertodd.org>
+To: John Carvalho <john@synonym.to>,
+ Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
+Message-ID: <Y0l6mN5Qw20HSmg6@petertodd.org>
+References: <mailman.7.1665662404.16405.bitcoin-dev@lists.linuxfoundation.org>
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+Subject: Re: [bitcoin-dev] [Opt-in full-RBF] Zero-conf apps in immediate
+ danger
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+On Fri, Oct 14, 2022 at 12:03:21PM +0200, John Carvalho via bitcoin-dev wro=
+te:
+> In support of Dario's concern, I feel like there is a degree of gaslighti=
+ng
+> happening with the advancement of RBF somehow being okay, while merchants
+> wanting to manage their own 0conf risk better being not okay.
+
+The way merchants try to manage 0conf risk is quite harmful to Bitcoin.
+Connecting to large numbers of nodes to try to risk-manage propagation _is_=
+ an
+attack, albeit a mild one. Everyone doing that is very harmful; only a few
+merchants being able to do it is very unfair/centralized.
+
+=2E..and of course, in the past this has lead to merchants trying to make d=
+eals
+with miners directly, even going as far as to suggest reorging out
+double-spends. I don't need to explain why that is obviously extremely harm=
+ful.
+
+--=20
+https://petertodd.org 'peter'[:-1]@petertodd.org
+
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