quote:
[...]
On 4/24/14, Chris Pacia ctpa...@gmail.com wrote:
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
You don't get any money back, but you do get an angry shopkeeper chasing
you down the street / calling the police / blacklisting you from the
store.
If they could do that they'd just take the stolen property back and you
would have failed to spend your money twice. So this is by definition,
On 25/04/14 20:19, Mike Hearn wrote:
You don't get any money back, but you do get an angry shopkeeper chasing
you down the street / calling the police / blacklisting you from the
store.
If they could do that they'd just take the stolen property back and you
would have failed
Am I missing something?
The scheme you described does nothing about Finney attacks, which is the
issue presently faced.
--
Start Your Social Network Today - Download eXo Platform
Build your Enterprise Intranet with eXo
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
This scheme would discourage people from attempting a Finney attack
because they would end up worse off if they did.
Phrased another way, it simply makes every block a Finney attack that
charges the maximum double spending fee possible. This doesn't solve the
problem.
Beyond needing to double
On Thu, Apr 24, 2014 at 12:48:54PM +0200, Jorge Timón wrote:
Here is a solution to the problem of having 0 confirmation
transactions
FWIW I'm running an experiment right now to detect how easy it is to
doublespend 0-conf transactions I need to collect more data, but initial
results indicate
On 4/24/14, Peter Todd p...@petertodd.org wrote:
...
With replace-by-fee scorched-earth the success rate of such
double-spends would be significantly reduced as the attacker would need
to get lucky with bad propagation not just once, but twice in a row.
Interesting.
Replace-by-fee and
Of course if we're not comparing this with Bitcoin today and we're
comparing it to some theoretical mechanism for instant p2p
serialization without requiring proof of work then, yes, this concept
is not very interesting.
Bitcoin's competition is not some theoretical perfect p2p system but
-BEGIN PGP SIGNED MESSAGE-
Hash: SHA1
On 24.04.2014 14:15, Mike Hearn wrote:
Beyond needing to double balances, what if the shop is selling me a
phone on contract? So the actual cost of the phone is lower than
the real price on the assumption of future revenue. Alice double
spends
On 24/04/14 22:07, Chris Pacia wrote:
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 don't see why it couldn't work with
11 matches
Mail list logo
