>
> > So connecting to many nodes just because we can and it's not technically
> > prevented is bad for the network and creating systemic risks of failure,
>
> Well it is actually; that's why myself, Wladimir van der Laan, and
> Gregory Maxwell all specifically¹ called Chainalysis's actions a sybil
Great. Thank you for this!
Adrian
On Fri, Jun 19, 2015 at 7:40 AM, Chun Wang <1240...@gmail.com> wrote:
> On Fri, Jun 19, 2015 at 10:00 PM, Adrian Macneil
> wrote:
> > However, we do rely pretty heavily on zeroconf transactions for merchant
> > processing, so if any si
>
> Unless you're sybil attacking the network and miners, consuming valuable
> resources and creating systemic risks of failure like we saw with
> Chainalysis, I don't see how you're getting "very small" double-spend
> probabilities.
>
So connecting to many nodes just because we can and it's not t
>
> > We have no contracts in place or plans to do this that I am aware of.
> >
> > However, we do rely pretty heavily on zeroconf transactions for merchant
> > processing, so if any significant portion of the mining pools started
> > running your unsafe RBF patch, then we would probably need to lo
Extremely disappointed to hear this. This change turns double spending from
a calculable (and affordable) risk for merchant payment processors into
certain profit for scammers, and provides no useful benefit for consumers.
I sincerely hope that F2Pool reconsider, given that RBF will decrease the
o
>
> For instance, if Coinbase had
> contracts with 80% of the Bitcoin hashing power to guarantee their
> transactions would get mined, but 20% of the hashing power didn't sign
> up, then the only way to guarantee their transactions could be for the
> 80% to not build on blocks containing doublespen
Fwiw, Coinbase relies on the current first-seen mempool behaviour. Wide
adoption of RBF (without a suitable replacement available) would make it
extremely difficult to pitch bitcoin as a viable alternative to credit cards
payments to large merchants.
Adrian
> On Mar 28, 2015, at 7:22 AM, Peter
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