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From: justusranvier@riseup.net
To: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] F2Pool has enabled full replace-by-fee
Date: Fri, 19 Jun 2015 15:00:57 +0000	[thread overview]
Message-ID: <c2a392703d02e1d674a029c60deb6d94@riseup.net> (raw)
In-Reply-To: <20150619103959.GA32315@savin.petertodd.org>

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Hash: SHA512

On 2015-06-19 10:39, Peter Todd wrote:

     Yesterday F2Pool, currently the largest pool with 21% of the hashing
     power, enabled full replace-by-fee (RBF) support after discussions 
with
     me. This means that transactions that F2Pool has will be replaced if 
a
     conflicting transaction pays a higher fee. There are no requirements 
for
     the replacement transaction to pay addresses that were paid by the
     previous transaction.


Intentional fraud is a bad thing to add to a financial protocol.

A user who creates conflicting transactions, one that pays someone else 
and another which does not pay them, and broadcasts both of them, has 
just self-incriminated themselves by producing prima facie evidence of 
fraud.

It may be the case that since Bitcoin spans multiple legal jurisdictions 
and can be use anonymously that the victims of such fraud can not rely 
on legal recourse, and it may also be the case that proof of work is how 
Bitcoin deals with the aforementioned factors, but regardless 
un-prosecutable fraud is still fraud and anyone who encourages it should 
be recognied as a bad actors.

Committing vandalism and encouraging fraud to prove a point may be 
something the network can't stop on a technical level, but there's no 
reason not to call it out for what it is.

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  parent reply	other threads:[~2015-06-19 15:01 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
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 [this message]
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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