summaryrefslogtreecommitdiff
path: root/3f/cda8c311b431b3646abc60b6073740b6a06be1
blob: 68445f032ae0031c52b302a85c5451100c64e57a (plain)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
Received: from sog-mx-4.v43.ch3.sourceforge.com ([172.29.43.194]
	helo=mx.sourceforge.net)
	by sfs-ml-2.v29.ch3.sourceforge.com with esmtp (Exim 4.76)
	(envelope-from <pete@petertodd.org>) id 1YPXBz-0003Md-TG
	for bitcoin-development@lists.sourceforge.net;
	Sun, 22 Feb 2015 14:07:31 +0000
Received-SPF: pass (sog-mx-4.v43.ch3.sourceforge.com: domain of petertodd.org
	designates 62.13.148.99 as permitted sender)
	client-ip=62.13.148.99; envelope-from=pete@petertodd.org;
	helo=outmail148099.authsmtp.net; 
Received: from outmail148099.authsmtp.net ([62.13.148.99])
	by sog-mx-4.v43.ch3.sourceforge.com with esmtp (Exim 4.76)
	id 1YPXBy-0003RZ-Ev for bitcoin-development@lists.sourceforge.net;
	Sun, 22 Feb 2015 14:07:31 +0000
Received: from mail-c235.authsmtp.com (mail-c235.authsmtp.com [62.13.128.235])
	by punt18.authsmtp.com (8.14.2/8.14.2/) with ESMTP id t1ME7NSM025738;
	Sun, 22 Feb 2015 14:07:23 GMT
Received: from android-d3b8368ef6b3bf03.lan (76-10-178-110.dsl.teksavvy.com
	[76.10.178.110]) (authenticated bits=0)
	by mail.authsmtp.com (8.14.2/8.14.2/) with ESMTP id t1ME7LBd043549
	(version=TLSv1/SSLv3 cipher=DHE-RSA-AES256-SHA bits=256 verify=NO);
	Sun, 22 Feb 2015 14:07:22 GMT
In-Reply-To: <2953246.T2DHreG0Tu@crushinator>
References: <CALqxMTGBVdMX2RkuXNhkJ38XRM6DgAj+OmQTfHWuVF=emD-06Q@mail.gmail.com>
	<20150222123428.GA6570@savin.petertodd.org>
	<CAAt2M18fPgYOsfdebmU1Tk6ATnndPBn0k2PN-4fUJs1iTBTqnQ@mail.gmail.com>
	<2953246.T2DHreG0Tu@crushinator>
MIME-Version: 1.0
Content-Transfer-Encoding: 8bit
Content-Type: text/plain;
 charset=UTF-8
From: Peter Todd <pete@petertodd.org>
Date: Sun, 22 Feb 2015 14:07:11 +0000
To: Matt Whitlock <bip@mattwhitlock.name>, Natanael <natanael.l@gmail.com>
Message-ID: <871A4914-B4DA-4D44-89AF-49DE936A8237@petertodd.org>
X-Server-Quench: 1f0d494e-ba9c-11e4-b396-002590a15da7
X-AuthReport-Spam: If SPAM / abuse - report it at:
	http://www.authsmtp.com/abuse
X-AuthRoute: OCd2Yg0TA1ZNQRgX IjsJECJaVQIpKltL GxAVKBZePFsRUQkR
	aQdMdAAUHlAWAgsB AmMbWlBeUFp7W2E7 bAxPbAVDY01GQQRr
	UFdNRFdNFUssAGF0 AWJsBhl2dABCcTB5 bU9kEHENXBB+fEIo
	XxwFHD4bZGY1bH1N U0leagNUcgZDfk5E bwQuUz1vNG8XDQg5
	AwQ0PjZ0MThBJSBS WgQAK04nCU8PAjMm QRkeEH03B0odQD46
	K1QhMkJZHUBZN0Q0 PEFpRVsbPgRzBgpD FUVARTRBKl8ND2oR
	AFESR0MGFDRWTGJW E1gmLxIAHGQUA3Ie XFFOF1Bn
X-Authentic-SMTP: 61633532353630.1023:706
X-AuthFastPath: 0 (Was 255)
X-AuthSMTP-Origin: 76.10.178.110/465
X-AuthVirus-Status: No virus detected - but ensure you scan with your own
	anti-virus system.
X-Spam-Score: -1.5 (-)
X-Spam-Report: Spam Filtering performed by mx.sourceforge.net.
	See http://spamassassin.org/tag/ for more details.
	-1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for
	sender-domain
	-0.0 SPF_PASS               SPF: sender matches SPF record
X-Headers-End: 1YPXBy-0003RZ-Ev
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)
X-BeenThere: bitcoin-development@lists.sourceforge.net
X-Mailman-Version: 2.1.9
Precedence: list
List-Id: <bitcoin-development.lists.sourceforge.net>
List-Unsubscribe: <https://lists.sourceforge.net/lists/listinfo/bitcoin-development>,
	<mailto:bitcoin-development-request@lists.sourceforge.net?subject=unsubscribe>
List-Archive: <http://sourceforge.net/mailarchive/forum.php?forum_name=bitcoin-development>
List-Post: <mailto:bitcoin-development@lists.sourceforge.net>
List-Help: <mailto:bitcoin-development-request@lists.sourceforge.net?subject=help>
List-Subscribe: <https://lists.sourceforge.net/lists/listinfo/bitcoin-development>,
	<mailto:bitcoin-development-request@lists.sourceforge.net?subject=subscribe>
X-List-Received-Date: Sun, 22 Feb 2015 14:07:32 -0000

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256



On 22 February 2015 08:50:30 GMT-05:00, Matt Whitlock <bip@mattwhitlock.name> wrote:
>On Sunday, 22 February 2015, at 2:29 pm, Natanael wrote:
>> In other words, you are unprotected and potentially at greater risk
>if you
>> create a transaction depending on another zero-confirmation
>transaction.
>
>This happened to one of the merchants at the Bitcoin 2013 conference in
>San Jose. They sold some T-shirts and accepted zero-confirmation
>transactions. The transactions depended on other unconfirmed
>transactions, which never confirmed, so this merchant never got their
>money.

Great example! Systems that appear more secure than they really are to uninformed users are dangerous. Same reason why brain wallets are such scary technology, and equally, why I like to give a few dollars away every so often to the guys brute forcing weak ones.

>I keep telling people not to accept transactions with zero
>confirmations, but no one listens.

In my experience there's a pattern of "accept unconfirmed; get burned badly/see someone else get burned; stop relying on them" Although of course, there's some bias in that people contact me asking what to do after they get burned. :)
-----BEGIN PGP SIGNATURE-----

iQE9BAEBCAAnIBxQZXRlciBUb2RkIDxwZXRlQHBldGVydG9kZC5vcmc+BQJU6eKG
AAoJEMCF8hzn9LncGz0H/ivA9J4MqsVnkPm9JVAIXgZiT7rAVO0Rp1lO/8PGPS6K
dXBFXESicszeBx5yeyQrLUFh58DVgp21sFHSMNTKmujDJJgxNf/ygffN9dTLriwt
PJcDWvxPzqyLy2e/CloRonxwlO3+Umv1OiPs1yy7a7auDVAEm1xvh/pc3A48u1bO
++cyxZs8j5yv3Ms2n/FmGekhL9jZHJAgmiVnSks0cMqq9+cYipEjy+FEq3KFGlFI
4iZ58f57g6W7bVqM+9Z6dbLczWobnQ+nfo7lFZWgGdbhKf4Jv7tHOcfSw4nbmJz4
OgWmKtM724h7abOIrqJnTF0u10dmapVv+lRtjiGXo8c=
=7W03
-----END PGP SIGNATURE-----