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From: Matt Whitlock <bip@mattwhitlock.name>
To: Danny Thorpe <danny.thorpe@gmail.com>
Cc: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] Cost savings by using replace-by-fee, 30-90%
Date: Tue, 26 May 2015 16:18:06 -0400	[thread overview]
Message-ID: <2886521.cot1MDGd5p@crushinator> (raw)
In-Reply-To: <CAJN5wHV=bVgM16PPQqsOd1Qu+pALeAPmGz4-6xEV1qG6Fo+ToA@mail.gmail.com>

On Tuesday, 26 May 2015, at 11:22 am, Danny Thorpe wrote:
> What prevents RBF from being used for fraudulent payment reversals?
> 
> Pay 1BTC to Alice for hard goods, then after you receive the goods
> broadcast a double spend of that transaction to pay Alice nothing? Your
> only cost is the higher network fee of the 2nd tx.

The "First-Seen-Safe" replace-by-fee presently being discussed on this list disallows fraudulent payment reversals, as it disallows a replacing transaction that pays less to any output script than the replaced transaction paid.



  parent reply	other threads:[~2015-05-26 20:18 UTC|newest]

Thread overview: 40+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-05-09 17:09 [Bitcoin-development] A suggestion for reducing the size of the UTXO database Jim Phillips
2015-05-09 18:45 ` Peter Todd
2015-05-09 19:02   ` Jim Phillips
2015-05-09 19:00 ` Andreas Schildbach
2015-05-09 19:05   ` Jim Phillips
2015-05-09 19:06   ` Pieter Wuille
2015-05-09 19:16     ` Jim Phillips
2015-05-09 19:43       ` Ross Nicoll
     [not found] ` <3862E01F-FD0F-48F5-A6D9-F8E0FB0AB68F@newcastle.ac.uk>
     [not found]   ` <CANe1mWys1gAO1CgPEpD7rdtXF2KYfvXA6bc0q-rAzg9xOFc-5A@mail.gmail.com>
     [not found]     ` <8029969D-FD22-43F7-930D-CEC7A87CEAD5@newcastle.ac.uk>
2015-05-09 19:28       ` Jim Phillips
2015-05-10  2:11 ` Matt Whitlock
2015-05-10 12:11   ` Jim Phillips
2015-05-25 18:41   ` Mike Hearn
2015-05-25 20:03     ` Matt Whitlock
2015-05-25 20:29       ` Andreas Schildbach
2015-05-25 21:05         ` Peter Todd
2015-05-26 12:40           ` Andreas Schildbach
2015-05-25 21:14         ` Warren Togami Jr.
2015-05-25 21:12       ` Mike Hearn
2015-05-10 13:35 ` Bob McElrath
2015-05-10 14:33   ` Jeff Garzik
2015-05-10 14:42     ` Bob McElrath
2015-05-12 19:50 ` Danny Thorpe
2015-05-25 18:44 ` Mike Hearn
2015-05-25 21:26   ` Peter Todd
2015-05-25 22:03     ` Mike Hearn
2015-05-26  0:10       ` [Bitcoin-development] Cost savings by using replace-by-fee, 30-90% Peter Todd
2015-05-26 18:22         ` Danny Thorpe
2015-05-26 18:38           ` Allen Piscitello
2015-05-26 18:42           ` Aaron Voisine
2015-05-26 18:47           ` Adam Back
2015-05-26 20:18           ` Matt Whitlock [this message]
2015-05-26 20:30         ` joliver
2015-05-26 20:56           ` Mark Friedenbach
2015-05-26 21:29           ` s7r
2015-05-26 22:06             ` Adam Back
2015-05-27  1:25             ` Peter Todd
2015-05-27 19:28               ` s7r
2015-05-26 22:29           ` Jeff Garzik
2015-05-26 18:43 Raystonn
2015-05-26 20:12 ` Allen Piscitello

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