On Sun, Feb 22, 2015 at 02:11:31PM +0000, Adam Back wrote: > My actual point outside of the emotive stuff (and I should've stayed > away from that too) is how about we explore ways to improve practical > security of fast confirmation transactions, and if we find something > better, then we can help people migrate to that before deprecating the > current weaker 0-conf transactions. > > If I understand this is also your own motivation.
Indeed, which is why I wrote some easy-to-use and highly effective tools to pull off double-spends and made sure to publicise them and their effectiveness widely. They've had their desired effect and very few people are relying on unconfirmed transactions anymore. As for the remaining, next week alone I'll be volunteering one or two hours of my consulting time to discuss solutions with a team doing person-to-person trading for instance. Like I've said repeatedly, the current "weaker" 0-conf transactions gets people new to Bitcoin - both individuals and companies - burnt over and over again because inevitably someone eventually gets motivated and breaks them, and suddenly they lose stacks of money. Keeping *that* kind of "security" around rather than depreciating it ASAP and being honest about what Bitcoin can do does no-one any good. Anyway, there is no one magic solution to this stuff - the best solutions vary greatly on the situation. -- 'peter'[:-1]@petertodd.org 000000000000000017c2f346f81e93956c538531682f5af3a95f9c94cb7a84e8
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