Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 043D992 for ; Mon, 8 Aug 2016 10:09:27 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-yw0-f175.google.com (mail-yw0-f175.google.com [209.85.161.175]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 824ED79 for ; Mon, 8 Aug 2016 10:09:26 +0000 (UTC) Received: by mail-yw0-f175.google.com with SMTP id r9so302256271ywg.0 for ; Mon, 08 Aug 2016 03:09:26 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=mime-version:sender:in-reply-to:references:from:date:message-id :subject:to:cc; bh=h4ApZk60F1dx15mN2maqqmU6vuVlM0Jt48GskAKjGyA=; b=rzk3FIarXXhrE9XvhzTQj2TFW38K2zSl18AO1UNSx58UZkr5vBXjDv6vvvAJwIPTJr sYupKyKUUT0tmls7B0miO26ePUlWZQE7vEYB1iIZGurdK0sQm9vWbnupRzGCvxFnRfYq MZFtGKwsFs0ntr3lLyzeld3DYesLM17v+E4XuoK5sqPxM4t4hZdfS78bJuGxCdV4kFCu uikVh2x2CRTnfkv1eXF6hZrP12Fo+Fplh4FMBiJZHz4MaBOq2o39NChjhm34AnSO7ds8 owJyK4MSE6oYKWlbndSPqYe2U8TlJlwFDIQxt15VU/kr82ggu2VLxA/UTQc+iPXyHweW Fr2g== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20130820; h=x-gm-message-state:mime-version:sender:in-reply-to:references:from :date:message-id:subject:to:cc; bh=h4ApZk60F1dx15mN2maqqmU6vuVlM0Jt48GskAKjGyA=; b=VIcrt9Ak5cHfbLMeJ4rxOHSFnpgYQf3CMx4gI0rxIpw+JWvO6bbp03PckUaqT5dpcm pIMcRtCBNUu7oshaa8zAaMnicAH/IBb/KPW41xJqW57K8ldXNfWJlznnNhs+uHp77Ce8 LKOwQeel6b8wz8qrDSENWRjZWtV6ontJWPmkrBzvcxNihqpXVlSL4wXhEDCfsj+aMskg xqGTjRigwHo1J4GW3YKcoTdUvYkfrFP8LQkA9SmtfpO97tJBIpwihwaA7ZT4YUganIt2 D6NDkrkVAynG4Ke8wHipLigQFLigzvKC6vrHhFZqhh6Iy9iVp0qE7v0zw4QbZ+nVC3kZ Y13A== X-Gm-Message-State: AEkoouuw7WB1/oRVDKi/owCHgt/VGmQNcHFGQoQMWVNQaMgHzGahr+kZt6iWR9ncRNBWUzpHtVev3pGYj0y6UA== X-Received: by 10.129.163.83 with SMTP id a80mr65793522ywh.174.1470650965727; Mon, 08 Aug 2016 03:09:25 -0700 (PDT) MIME-Version: 1.0 Sender: earonesty@gmail.com Received: by 10.37.88.214 with HTTP; Mon, 8 Aug 2016 03:09:24 -0700 (PDT) Received: by 10.37.88.214 with HTTP; Mon, 8 Aug 2016 03:09:24 -0700 (PDT) In-Reply-To: References: <0b314ab7-b5ec-3468-15d7-37e07a6b592c@sky-ip.org> From: Erik Aronesty Date: Mon, 8 Aug 2016 06:09:24 -0400 X-Google-Sender-Auth: lxr7Knm4eMuY4oENXjmerIb7Qsg Message-ID: To: Matthew Roberts Content-Type: multipart/alternative; boundary=94eb2c115f4466a9c205398c9c8f X-Spam-Status: No, score=-1.9 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID, FREEMAIL_FROM, HTML_MESSAGE, RCVD_IN_DNSWL_NONE autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Cc: Bitcoin Protocol Discussion Subject: Re: [bitcoin-dev] BIP clearing house addresses X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 08 Aug 2016 10:09:27 -0000 --94eb2c115f4466a9c205398c9c8f Content-Type: text/plain; charset=UTF-8 I'm not convinced you need to hold people's funds to provide those features. Maybe the millisecond thing. But 99 out of 100 traders would accept a 100 millisecond latency in exchange for 0 counterparty risk. --94eb2c115f4466a9c205398c9c8f Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable

I'm not convinced you need to hold people's funds to= provide those features. Maybe the millisecond thing.=C2=A0=C2=A0 But 99 ou= t of 100 traders would accept a 100 millisecond latency in exchange for 0 c= ounterparty risk.

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