📅 Original date posted:2015-02-12
📝 Original message:> Your "scorched earth" plan is aptly named, as it's guaranteed to make
> unconfirmed payments useless.
>
"Scorched earth" makes no sense by itself. However, it can be a part of a
bigger picture. Imagine an insurance service which will make sure that
merchants are compensated for every scorched-earth or double-spend
transaction, as long they pay 0.1% premium from their revenue.
Merchants won't really care how it works as long as it does. All they know
is that they need to use a particular open-source wallet, and they will
receive a payment no matter what.
You won't need a TTP to process each payment.
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Alex Mizrahi [ARCHIVE] /
npub1sw…pul5t
2023-06-07 15:30:20
in reply to nevent1q…yqn4
Author Public Key
npub1swfeusu3ua9trup00qcnrgc2yndksyvgku4epk5tec7u4fmrez6qxpul5tPublished at
2023-06-07 15:30:20Event JSON
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"content": "📅 Original date posted:2015-02-12\n📝 Original message:\u003e Your \"scorched earth\" plan is aptly named, as it's guaranteed to make\n\u003e unconfirmed payments useless.\n\u003e\n\n\"Scorched earth\" makes no sense by itself. However, it can be a part of a\nbigger picture. Imagine an insurance service which will make sure that\nmerchants are compensated for every scorched-earth or double-spend\ntransaction, as long they pay 0.1% premium from their revenue.\n\nMerchants won't really care how it works as long as it does. All they know\nis that they need to use a particular open-source wallet, and they will\nreceive a payment no matter what.\nYou won't need a TTP to process each payment.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150212/9d43299e/attachment.html\u003e",
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