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From: Matt Whitlock <bip@mattwhitlock.name>
To: Tom Harding <tomh@thinlink.com>
Cc: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] Double-spending unconfirmed transactions is a lot easier than most people realise
Date: Wed, 23 Apr 2014 00:03:17 -0400	[thread overview]
Message-ID: <1533579.cuHiT41BQ7@crushinator> (raw)
In-Reply-To: <53574581.3040004@thinlink.com>

On Tuesday, 22 April 2014, at 8:45 pm, Tom Harding wrote:
> A network where transaction submitters consider their (final) 
> transactions to be unchangeable the moment they are transmitted, and 
> where the network's goal is to confirm only transactions all of whose 
> UTXO's have not yet been seen in a final transaction's input, has a 
> chance to be such a network.

Respectfully, this is not the goal of miners. The goal of miners is to maximize profits. Always will be. If they can do that by enabling replace-by-fee (and they can), then they will. Altruism does not factor into business.



  reply	other threads:[~2014-04-23  4:17 UTC|newest]

Thread overview: 8+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-04-22 21:31 [Bitcoin-development] Double-spending unconfirmed transactions is a lot easier than most people realise Peter Todd
2014-04-23  4:29 ` Jan Møller
2014-04-23  6:35   ` Mark Friedenbach
2014-04-23  4:45 ` Tom Harding
2014-04-23  4:03   ` Matt Whitlock [this message]
2014-04-23 22:29     ` Tom Harding
2014-04-24  0:42       ` Simon Barber
2014-04-23  4:22   ` Jeff Garzik

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