📅 Original date posted:2022-10-14
📝 Original message:On Fri, Oct 14, 2022 at 12:03:21PM +0200, John Carvalho via bitcoin-dev wrote:
> In support of Dario's concern, I feel like there is a degree of gaslighting
> happening with the advancement of RBF somehow being okay, while merchants
> wanting to manage their own 0conf risk better being not okay.
The way merchants try to manage 0conf risk is quite harmful to Bitcoin.
Connecting to large numbers of nodes to try to risk-manage propagation _is_ an
attack, albeit a mild one. Everyone doing that is very harmful; only a few
merchants being able to do it is very unfair/centralized.
...and of course, in the past this has lead to merchants trying to make deals
with miners directly, even going as far as to suggest reorging out
double-spends. I don't need to explain why that is obviously extremely harmful.
--
https://petertodd.org 'peter'[:-1]@petertodd.org
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Peter Todd [ARCHIVE] /
npub1m2…a2np2
2023-06-07 23:14:31
in reply to nevent1q…utwf
Author Public Key
npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2Seen on
wss://relay.nostr.bandPublished at
2023-06-07 23:14:31Event JSON
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"content": "📅 Original date posted:2022-10-14\n📝 Original message:On Fri, Oct 14, 2022 at 12:03:21PM +0200, John Carvalho via bitcoin-dev wrote:\n\u003e In support of Dario's concern, I feel like there is a degree of gaslighting\n\u003e happening with the advancement of RBF somehow being okay, while merchants\n\u003e wanting to manage their own 0conf risk better being not okay.\n\nThe way merchants try to manage 0conf risk is quite harmful to Bitcoin.\nConnecting to large numbers of nodes to try to risk-manage propagation _is_ an\nattack, albeit a mild one. Everyone doing that is very harmful; only a few\nmerchants being able to do it is very unfair/centralized.\n\n...and of course, in the past this has lead to merchants trying to make deals\nwith miners directly, even going as far as to suggest reorging out\ndouble-spends. I don't need to explain why that is obviously extremely harmful.\n\n-- \nhttps://petertodd.org 'peter'[:-1]@petertodd.org\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 833 bytes\nDesc: not available\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20221014/7127d8c2/attachment.sig\u003e",
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