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From: Peter Todd <pete@petertodd.org>
To: joliver@airmail.cc
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)
Date: Sun, 22 Feb 2015 10:41:22 -0500	[thread overview]
Message-ID: <20150222154122.GA14930@savin.petertodd.org> (raw)
In-Reply-To: <48c47e2a2c7916e7bf63f2219a9aeb72@airmail.cc>

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On Sun, Feb 22, 2015 at 03:18:05PM +0000, joliver@airmail.cc wrote:
> > Indeed, which is why I wrote some easy-to-use and highly effective 
> > tools
> > to pull off double-spends and made sure to publicise them and their
> > effectiveness widely. They've had their desired effect and very few
> > people are relying on unconfirmed transactions anymore.
> 
> You mean you wrote a bunch of FUD about zeroconf transactions while 
> working for companies like Coinbase and GreenAddress that were trying to 
> sell 100% centralized solutions? Lets just be clear on this.

You lot spend so much time trying to claim I'm working for people I'm
not that I have a bad feeling I'm going to end up having to explain what
an internet troll is to "friendly" Revenue Canada tax auditor...

> I and many other people tried your replace-by-fee tools and found out 
> that they worked **maybe** 1-2% of the time. You claimed 95% success 
> rates.

That tool was intentionally shipped with unclear instructions and nearly
all the double-spend strategies turned off by default; you can easily
increase that number with a little understanding.

> > As for the
> > remaining, next week alone I'll be volunteering one or two hours of my
> > consulting time to discuss solutions with a team doing person-to-person
> > trading for instance.
> 
> A "team"
> 
> You mean a **Company**? We don't need yet another 100% centralized 
> LocalBitcoins snooping on our transactions.

"[Bitcoin-development] Eliminating double-spends with two-party
self-escrow for high value transactions",
Peter Todd, Apt 26th 2014,
http://www.mail-archive.com/bitcoin-development%40lists.sourceforge.net/msg05166.html

(note that the above should be updated to use CHECKLOCKTIMEVERIFY)

-- 
'peter'[:-1]@petertodd.org
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      reply	other threads:[~2015-02-22 15:41 UTC|newest]

Thread overview: 16+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-02-22  8:02 [Bitcoin-development] alternate proposal opt-in miner takes double-spend (Re: replace-by-fee v0.10.0rc4) Adam Back
2015-02-22 12:34 ` Peter Todd
2015-02-22 13:29   ` Natanael
2015-02-22 13:50     ` Matt Whitlock
2015-02-22 14:07       ` Peter Todd
2015-02-22 16:00       ` Justus Ranvier
2015-02-22 16:17         ` Natanael
2015-02-22 16:25           ` Justus Ranvier
2015-02-22 16:36             ` Natanael
2015-02-23 11:03       ` Mike Hearn
2015-02-22 14:44     ` Natanael
2015-02-22 14:11   ` Adam Back
2015-02-22 14:25     ` Bryan Bishop
2015-02-22 14:33     ` Peter Todd
2015-02-22 15:18       ` joliver
2015-02-22 15:41         ` Peter Todd [this message]

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