📅 Original date posted:2014-03-22
📝 Original message:One participant, yes. Two participants lacking net would require a
serious revisit of BIP 70's security assumptions and some design, at a
minimum.
On Sat, Mar 22, 2014 at 12:55 PM, Mark Friedenbach <mark at monetize.io> wrote:
> Jeff, there are *plenty* of places that lack local Internet access for
> one or both participants.
>
> Obviously making the case where both participants lack access to the
> bitcoin network is difficult to secure, but not impossible (e.g. use a
> telephany-based system to connect to a centralized double-spend
> database, as VISA does).
>
> I expect the case where one participant has Internet access (the
> merchant) and the other does not to be very, very common. The majority
> of transactions I do on a daily basis are like this, and I live in
> Silicon Valley!
>
> On 03/22/2014 09:35 AM, Jeff Garzik wrote:
>> Let's not pull out silly examples. Of course you can find locations
>> that lack Internet.
>>
>> Those locations are completely unsuitable to bitcoin transactions,
>> since the receiver cannot verify double-spending or anything else
>> about the transaction.
>
> ------------------------------------------------------------------------------
> Learn Graph Databases - Download FREE O'Reilly Book
> "Graph Databases" is the definitive new guide to graph databases and their
> applications. Written by three acclaimed leaders in the field,
> this first edition is now available. Download your free book today!
> http://p.sf.net/sfu/13534_NeoTech
> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development at lists.sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
--
Jeff Garzik
Bitcoin core developer and open source evangelist
BitPay, Inc. https://bitpay.com/
Jeff Garzik [ARCHIVE] /
npub1kf…f3f58
2023-06-07 15:14:21
in reply to nevent1q…wp3l
Author Public Key
npub1kf0ppcjaguxekg24yx6smgxlu73qn0k8lm0t2wrqc0scpl7u3sgsmf3f58Published at
2023-06-07 15:14:21Event JSON
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"content": "📅 Original date posted:2014-03-22\n📝 Original message:One participant, yes. Two participants lacking net would require a\nserious revisit of BIP 70's security assumptions and some design, at a\nminimum.\n\nOn Sat, Mar 22, 2014 at 12:55 PM, Mark Friedenbach \u003cmark at monetize.io\u003e wrote:\n\u003e Jeff, there are *plenty* of places that lack local Internet access for\n\u003e one or both participants.\n\u003e\n\u003e Obviously making the case where both participants lack access to the\n\u003e bitcoin network is difficult to secure, but not impossible (e.g. use a\n\u003e telephany-based system to connect to a centralized double-spend\n\u003e database, as VISA does).\n\u003e\n\u003e I expect the case where one participant has Internet access (the\n\u003e merchant) and the other does not to be very, very common. The majority\n\u003e of transactions I do on a daily basis are like this, and I live in\n\u003e Silicon Valley!\n\u003e\n\u003e On 03/22/2014 09:35 AM, Jeff Garzik wrote:\n\u003e\u003e Let's not pull out silly examples. Of course you can find locations\n\u003e\u003e that lack Internet.\n\u003e\u003e\n\u003e\u003e Those locations are completely unsuitable to bitcoin transactions,\n\u003e\u003e since the receiver cannot verify double-spending or anything else\n\u003e\u003e about the transaction.\n\u003e\n\u003e ------------------------------------------------------------------------------\n\u003e Learn Graph Databases - Download FREE O'Reilly Book\n\u003e \"Graph Databases\" is the definitive new guide to graph databases and their\n\u003e applications. Written by three acclaimed leaders in the field,\n\u003e this first edition is now available. Download your free book today!\n\u003e http://p.sf.net/sfu/13534_NeoTech\n\u003e _______________________________________________\n\u003e Bitcoin-development mailing list\n\u003e Bitcoin-development at lists.sourceforge.net\n\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\n\n\n-- \nJeff Garzik\nBitcoin core developer and open source evangelist\nBitPay, Inc. https://bitpay.com/",
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