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authorPeter Todd <pete@petertodd.org>2015-02-22 10:41:22 -0500
committerbitcoindev <bitcoindev@gnusha.org>2015-02-22 15:41:36 +0000
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parent88e7c4b164db2d95797f4bf2c10d4c79b383282d (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 10:41:22 -0500
+From: Peter Todd <pete@petertodd.org>
+To: joliver@airmail.cc
+Message-ID: <20150222154122.GA14930@savin.petertodd.org>
+References: <CALqxMTGBVdMX2RkuXNhkJ38XRM6DgAj+OmQTfHWuVF=emD-06Q@mail.gmail.com>
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+Cc: bitcoin-development@lists.sourceforge.net
+Subject: Re: [Bitcoin-development] alternate proposal opt-in miner takes
+ double-spend (Re: replace-by-fee v0.10.0rc4)
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+On Sun, Feb 22, 2015 at 03:18:05PM +0000, joliver@airmail.cc wrote:
+> > Indeed, which is why I wrote some easy-to-use and highly effective=20
+> > 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.
+>=20
+> You mean you wrote a bunch of FUD about zeroconf transactions while=20
+> working for companies like Coinbase and GreenAddress that were trying to=
+=20
+> sell 100% centralized solutions? Lets just be clear on this.
+
+You lot spend so much time trying to claim I'm working for people I'm
+not that I have a bad feeling I'm going to end up having to explain what
+an internet troll is to "friendly" Revenue Canada tax auditor...
+
+> I and many other people tried your replace-by-fee tools and found out=20
+> that they worked **maybe** 1-2% of the time. You claimed 95% success=20
+> rates.
+
+That tool was intentionally shipped with unclear instructions and nearly
+all the double-spend strategies turned off by default; you can easily
+increase that number with a little understanding.
+
+> > 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.
+>=20
+> A "team"
+>=20
+> You mean a **Company**? We don't need yet another 100% centralized=20
+> LocalBitcoins snooping on our transactions.
+
+"[Bitcoin-development] Eliminating double-spends with two-party
+self-escrow for high value transactions",
+Peter Todd, Apt 26th 2014,
+http://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg=
+05166.html
+
+(note that the above should be updated to use CHECKLOCKTIMEVERIFY)
+
+--=20
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