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From: Cameron Hejazi <kompreni@gmail.com>
To: Ivan Brightly <ibrightly@gmail.com>
Cc: "bitcoin-development@lists.sourceforge.net"
	<bitcoin-development@lists.sourceforge.net>
Subject: [Bitcoin-development]  F2Pool has enabled full replace-by-fee
Date: Sat, 20 Jun 2015 10:38:50 -0700	[thread overview]
Message-ID: <CAKdn4uo=RK+PTUDk7x69yK9RoTUG4sU1TPf7rpJqjkfXS5k_kQ@mail.gmail.com> (raw)
In-Reply-To: <CAAre=yTHLgH=DCVTBZ78MkFVYSTJ3YyV9yZL46nkX1x2RDiQRA@mail.gmail.com>

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On Saturday, June 20, 2015, Ivan Brightly <ibrightly@gmail.com
<javascript:_e(%7B%7D,'cvml','ibrightly@gmail.com');>> wrote:

> Yep - similarly: you live in a neighborhood with a local coffee store.
> Sure you could use a stolen credit card or a fake $5 bill, but it's not
> worth the risk of being caught for a $3 coffee. And on the other side, the
> store can deal with 1% of transactions getting reversed or having a fake
> bill so they don't change their procedures.
>

These analogies being brought are based on the goal of quick
payments, which is different from the goal of Bitcoin:
cryptographically sound, distributed consensus.



> Perfection is not necessary in all situations.
>

If you want zeroconf transactions, first realize that this goal currently
has no sound solution in Bitcoin and until it does, supporting it should
not be a part of the agenda. There are two paths going forward, not
independent of one another, that would achieve the goal of quick payments
for your coffee etc:
- Research/implement a solution that is consistent with the goal of Bitcoin
- Rely on a cosigning central authority

If you think the latter option is nasty, remember that people,
like corporations, can be nasty as well. Do not rely on the good faith of
people.

Cameron

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  reply	other threads:[~2015-06-20 17:38 UTC|newest]

Thread overview: 79+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-06-19 10:39 [Bitcoin-development] F2Pool has enabled full replace-by-fee Peter Todd
2015-06-19 13:33 ` Gavin Andresen
2015-06-19 13:52   ` Peter Todd
2015-06-19 14:00     ` Adrian Macneil
2015-06-19 14:08       ` Peter Todd
2015-06-19 14:30         ` Adrian Macneil
2015-06-19 14:59           ` Peter Todd
2015-06-19 15:20             ` Adrian Macneil
2015-06-19 15:40               ` Peter Todd
2015-06-19 16:18                 ` Adrian Macneil
2015-06-19 16:37                   ` Peter Todd
2015-06-19 20:39                   ` Matt Whitlock
2015-06-19 21:05                     ` Frank Flores
2015-06-19 21:15                       ` Jeff Garzik
2015-06-20  0:47                     ` Andreas Petersson
2015-06-20  1:09                       ` Mark Friedenbach
2015-06-20  1:23                         ` Aaron Voisine
2015-06-20  3:07                           ` Eric Lombrozo
2015-06-20  3:48                           ` Luke Dashjr
2015-06-20  4:02                             ` Eric Lombrozo
2015-06-20 16:43                               ` Ivan Brightly
2015-06-20 17:38                                 ` Cameron Hejazi [this message]
2015-06-19 14:40       ` Chun Wang
2015-06-19 15:22         ` Adrian Macneil
2015-06-19 13:33 ` Stephen Morse
2015-06-19 13:37   ` Chun Wang
2015-06-19 13:48     ` Peter Todd
2015-06-19 14:16     ` Lawrence Nahum
2015-06-19 13:40   ` Adrian Macneil
2015-06-19 13:44   ` Peter Todd
2015-06-19 13:52     ` Chun Wang
2015-06-19 15:43       ` Jeff Garzik
2015-06-19 19:49       ` Jeffrey Paul
2015-06-19 15:42     ` Jeff Garzik
2015-06-19 16:15     ` Peter Todd
2015-06-19 15:00 ` justusranvier
2015-06-19 15:11   ` Peter Todd
2015-06-19 15:37     ` Eric Lombrozo
2015-06-19 15:53       ` justusranvier
2015-06-19 16:36         ` Matt Whitlock
2015-06-19 16:42           ` Eric Lombrozo
2015-06-19 16:46             ` Matt Whitlock
2015-06-19 16:53             ` Peter Todd
2015-06-19 16:54             ` justusranvier
2015-06-19 17:00             ` Tier Nolan
2015-06-20 23:20             ` Jorge Timón
2015-06-20 23:37               ` justusranvier
2015-06-21  0:19                 ` Eric Lombrozo
2015-06-21  0:27                   ` justusranvier
2015-06-21  0:36                     ` Eric Lombrozo
2015-06-21  0:54                     ` Eric Lombrozo
2015-06-21  5:56                       ` Tom Harding
2015-06-21  6:45                       ` Jeff Garzik
2015-06-21  7:42                         ` Eric Lombrozo
2015-06-21  8:35                           ` Eric Lombrozo
2015-06-21  8:41                           ` Btc Drak
2015-06-21  8:51                             ` Eric Lombrozo
2015-06-21 19:49                           ` Jeff Garzik
2015-06-21 18:23                       ` Aaron Voisine
2015-06-19 16:44           ` justusranvier
2015-06-19 17:40             ` Jeff Garzik
2015-06-19 17:48               ` justusranvier
2015-06-19 17:50                 ` Jeff Garzik
2015-06-19 18:00                   ` justusranvier
2015-06-19 16:50           ` Milly Bitcoin
2015-06-19 16:41         ` [Bitcoin-development] Remove Us Please Gigas Gaming Inc.
2015-06-19 18:34           ` Jameson Lopp
2015-06-19 19:55             ` John Bodeen
2015-06-19 20:01               ` Brian Hoffman
2015-06-19 20:27                 ` Jameson Lopp
2015-06-20 23:16       ` [Bitcoin-development] F2Pool has enabled full replace-by-fee Jorge Timón
2015-06-20 23:47         ` Eric Lombrozo
2015-06-20 23:52           ` Eric Lombrozo
2015-06-20 23:56           ` Eric Lombrozo
2015-06-19 15:39     ` justusranvier
2015-06-19 15:39 ` Jeff Garzik
2015-06-20 20:04 ` odinn
2015-06-21  2:11 ` Dario Sneidermanis
2015-06-21  2:23   ` Dario Sneidermanis

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