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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] 0 confirmation txs using replace-by-fee
and game theory
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This scheme would discourage people from attempting a Finney attack because
they would end up worse off if they did.
It would work but it's an ugly hack IMO. What do people do if they don't
have extra to pay when making a purchase? I have 200 mbtc and want to buy a
200 mbtc phone but I can't because I need 400 mbtc. Sucks for me.
I would much prefer the hassle of a green address notary than always having
to make sure I have double what I need to make a purchase.
On Apr 24, 2014 7:55 AM, "Mike Hearn" <mike@plan99.net> wrote:
> Am I missing something?
>
>
> The scheme you described does nothing about Finney attacks, which is the
> issue presently faced.
>
>
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Content-Type: text/html; charset=UTF-8
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<p dir=3D"ltr">This scheme would discourage people from attempting a Finney=
attack because they would end up worse off if they did. </p>
<p dir=3D"ltr">It would work but it's an ugly hack IMO. What do people =
do if they don't have extra to pay when making a purchase? I have 200 m=
btc and want to buy a 200 mbtc phone but I can't because I need 400 mbt=
c. Sucks for me.</p>
<p dir=3D"ltr">I would much prefer the hassle of a green address notary tha=
n always having to make sure I have double what I need to make a purchase.<=
/p>
<div class=3D"gmail_quote">On Apr 24, 2014 7:55 AM, "Mike Hearn" =
<<a href=3D"mailto:mike@plan99.net">mike@plan99.net</a>> wrote:<br ty=
pe=3D"attribution"><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 =
.8ex;border-left:1px #ccc solid;padding-left:1ex">
<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote"><blo=
ckquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #c=
cc solid;padding-left:1ex">Am I missing something?</blockquote><div><br></d=
iv><div>
The scheme you described does nothing about Finney attacks, which is the is=
sue presently faced.=C2=A0</div></div></div></div>
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