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From: Andy Parkins <andyparkins@gmail.com>
To: Mike Hearn <mike@plan99.net>
Date: Thu, 24 Apr 2014 10:21:26 +0100
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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Coinbase reallocation to discourage
Finney attacks
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On Wednesday 23 April 2014 15:31:38 Mike Hearn wrote:
> > There _are_ consequences though: 95% of the time, you end up buying
> > something and paying for it.
>
> Yeah, I was imagining a situation in which people who use Bitcoin regularly
> do buy things they actually want, but wouldn't say no to occasionally
> getting them for free (think coffees at starbucks etc). So if their double
> spend fails, no big deal, they're no worse off than if they didn't try.
Again true enough; but then we're back to evenly distributed dishonesty, and
so you still don't get the potential 5% scam being used at 100% capacity.
Andy
--
Dr Andy Parkins
andyparkins@gmail.com
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