From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 205D2ABF for ; Sat, 27 Jun 2015 19:40:35 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-qg0-f52.google.com (mail-qg0-f52.google.com [209.85.192.52]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 87683126 for ; Sat, 27 Jun 2015 19:40:34 +0000 (UTC) Received: by qgal13 with SMTP id l13so43684996qga.3 for ; Sat, 27 Jun 2015 12:40:33 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20120113; h=mime-version:in-reply-to:references:date:message-id:subject:from:to :cc:content-type; bh=s7zmcKkKeHdJZvlDFEAaqxpeZtT5vZKSSieBzrYItRY=; b=Pye7+vA0IqresgIgNgiauUfqOcrNUuPdJL1c+BEua6cMdtPBTaCDaZ3uEzv7WUXspD BrkmnPq4NOkYJ4s5m4iM3V6PT8TxY9Ia8v/Cq4yeWjiN5+1oUkRK8kRDRgA9GRK9xLXq nZ30D2LgZFpmeNNMeyuiOpGFf1bv8P7USPinIofc7hJUtVTymxwhKAD1WZZy0z3LlsUG ixsxz7NlJrXHFHlzkWbiC83uPtyZzGyhmm2UlWXZDX7cijBv6SnwWjvU5vrhsitb65CB 1k2p/S0EFgJwEDSflmO4A2rrbb6IZWSxOsVQyq8f8vsfA9/Iq0MCZbH8zfelHtRRjKqY gu6Q== MIME-Version: 1.0 X-Received: by 10.55.49.134 with SMTP id x128mr17018780qkx.49.1435434033787; Sat, 27 Jun 2015 12:40:33 -0700 (PDT) Received: by 10.140.91.37 with HTTP; Sat, 27 Jun 2015 12:40:33 -0700 (PDT) In-Reply-To: <9BD77EB3-8EC7-4207-8E90-98E48C8365DE@petertodd.org> References: <558DA56F.3010703@jrn.me.uk> <20150626193630.GB17829@muck> <558E3EFD.9040602@ktorn.com> <9BD77EB3-8EC7-4207-8E90-98E48C8365DE@petertodd.org> Date: Sat, 27 Jun 2015 12:40:33 -0700 Message-ID: From: Aaron Voisine To: Peter Todd Content-Type: multipart/alternative; boundary=001a1147ff42aebb3605198507af X-Spam-Status: No, score=-2.7 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID,DKIM_VALID_AU,FREEMAIL_FROM,HTML_MESSAGE,RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Cc: bitcoin-dev@lists.linuxfoundation.org Subject: Re: [bitcoin-dev] The need for larger blocks X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Sat, 27 Jun 2015 19:40:35 -0000 --001a1147ff42aebb3605198507af Content-Type: text/plain; charset=UTF-8 On Sat, Jun 27, 2015 at 8:13 AM, Peter Todd wrote: > On 27 June 2015 03:14:41 GMT-04:00, Aaron Voisine > wrote: > >Also remember that the sender is not the one who cares about delays or > >even > >getting confirmations at all, it's the receiver who's concerned with > >these > >things. They have to tell the sender up-front what they're willing to > >accept in exchange for goods and services. > > You're assuming a receiver who is accepting a zeroconf transaction; most > receivers don't. > > For instance, when I deposit funds on my exchange they don't credit those > funds until 4 confirmations, so I very much cafe about how long it takes to > get the first confirmation. > Yes, the receiver can tell the sender up-front that they are only willing accept 4-confirmations, and put that on the sender to figure out, but the sender then only cares because it's the receiver's requirement. The receiver is the one who cares. --001a1147ff42aebb3605198507af Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable

= On Sat, Jun 27, 2015 at 8:13 AM, Peter Todd <pete@petertodd.org>= wrote:
On 27 Jun= e 2015 03:14:41 GMT-04:00, Aaron Voisine <voisine@gmail.com> wrote:
>Also remember that the sender is not the one who cares about delays or<= br> >even
>getting confirmations at all, it's the receiver who's concerned= with
>these
>things. They have to tell the sender up-front what they're willing = to
>accept in exchange for goods and services.

You're assuming a receiver who is accepting a zeroconf transacti= on; most receivers don't.

For instance, when I deposit funds on my exchange they don't credit tho= se funds until 4 confirmations, so I very much cafe about how long it takes= to get the first confirmation.

Yes, th= e receiver can tell the sender up-front that they are only willing accept 4= -confirmations, and put that on the sender to figure out, but the sender th= en only cares because it's the receiver's requirement. The receiver= is the one who cares.=C2=A0
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