Why Nostr? What is Njump?
2023-06-07 15:12:51
in reply to

Chuck [ARCHIVE] on Nostr: 📅 Original date posted:2014-01-30 📝 Original message:On 1/30/2014 6:31 PM, Mike ...

📅 Original date posted:2014-01-30
📝 Original message:On 1/30/2014 6:31 PM, Mike Hearn wrote:
> The arbitrator would presumably have some rules about what is or isn't
> an acceptable form of payment.
Do you think this puts unnecessary trust into a third party? If the
merchant instead signed and agreed to the unsigned transactions before
they were broadcast (as in my OP), these arbitration concerns disappear.

> HTTP has response codes for submission of the Payment message. We
> could add signing to PaymentACK and other things in future, if that
> turns out to be insufficient in practice.
HTTP isn't the only message delivery mechanism. Merchants can also lie:
reply with 200 OK and an empty body. Or, reply with 404 not found and
broadcast transactions anyway.

Cheers,

Chuck
Author Public Key
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