From mboxrd@z Thu Jan 1 00:00:00 1970 Received: from sog-mx-3.v43.ch3.sourceforge.com ([172.29.43.193] helo=mx.sourceforge.net) by sfs-ml-1.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1YLuy8-0006Ve-Jc for bitcoin-development@lists.sourceforge.net; Thu, 12 Feb 2015 14:42:16 +0000 Received-SPF: pass (sog-mx-3.v43.ch3.sourceforge.com: domain of gmail.com designates 209.85.212.181 as permitted sender) client-ip=209.85.212.181; envelope-from=alex.mizrahi@gmail.com; helo=mail-wi0-f181.google.com; Received: from mail-wi0-f181.google.com ([209.85.212.181]) by sog-mx-3.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) (Exim 4.76) id 1YLuy7-0002FY-P2 for bitcoin-development@lists.sourceforge.net; Thu, 12 Feb 2015 14:42:16 +0000 Received: by mail-wi0-f181.google.com with SMTP id r20so4875405wiv.2 for ; Thu, 12 Feb 2015 06:42:09 -0800 (PST) MIME-Version: 1.0 X-Received: by 10.194.60.15 with SMTP id d15mr8752600wjr.72.1423752129585; Thu, 12 Feb 2015 06:42:09 -0800 (PST) Received: by 10.27.148.13 with HTTP; Thu, 12 Feb 2015 06:42:09 -0800 (PST) In-Reply-To: References: <20150212064719.GA6563@savin.petertodd.org> Date: Thu, 12 Feb 2015 16:42:09 +0200 Message-ID: From: Alex Mizrahi To: Bitcoin Dev Content-Type: multipart/alternative; boundary=047d7ba976c4eea952050ee51f4a X-Spam-Score: -0.6 (/) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for sender-domain 0.0 FREEMAIL_FROM Sender email is commonly abused enduser mail provider (alex.mizrahi[at]gmail.com) -0.0 SPF_PASS SPF: sender matches SPF record 1.0 HTML_MESSAGE BODY: HTML included in message -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from author's domain 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature X-Headers-End: 1YLuy7-0002FY-P2 Subject: Re: [Bitcoin-development] replace-by-fee v0.10.0rc4 X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Thu, 12 Feb 2015 14:42:16 -0000 --047d7ba976c4eea952050ee51f4a Content-Type: text/plain; charset=UTF-8 > Your "scorched earth" plan is aptly named, as it's guaranteed to make > unconfirmed payments useless. > "Scorched earth" makes no sense by itself. However, it can be a part of a bigger picture. Imagine an insurance service which will make sure that merchants are compensated for every scorched-earth or double-spend transaction, as long they pay 0.1% premium from their revenue. Merchants won't really care how it works as long as it does. All they know is that they need to use a particular open-source wallet, and they will receive a payment no matter what. You won't need a TTP to process each payment. --047d7ba976c4eea952050ee51f4a Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable
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Your "scorched earth" plan is aptly named, as it= 's guaranteed to make unconfirmed payments useless.

"Scorched earth" makes no sense by itse= lf. However, it can be a part of a bigger picture. Imagine an insurance ser= vice which will make sure that merchants are compensated for every scorched= -earth or double-spend transaction, as long they pay 0.1% premium from thei= r revenue.

Merchants won't really care how it = works as long as it does. All they know is that they need to use a particul= ar open-source wallet, and they will receive a payment no matter what.
You won't need a TTP to process each payment.
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