📅 Original date posted:2015-06-21
📝 Original message:We should use relay and default tx selection rules to raise the cost of
double spend attacks as far as it is easy and practical to do so. This
increases the value of the bitcoin network by making it practical to use in
more situations for more people. Merchants of course can't rely on them
being cryptographically safe, but the safer they are, the more useful.
The argument that since they can't be made perfectly safe, they should be
as easy as possible to reverse so that merchants learn not to rely on them,
is an incorrect one that reduces the usefulness and value of bitcoin.
Merchants will learn very quickly what the costs of accepting bitcoin
payments are, and the lower they are, the greater bitcoin merchant adoption
will be.
Aaron Voisine
co-founder and CEO
breadwallet.com
On Sat, Jun 20, 2015 at 5:54 PM, Eric Lombrozo <elombrozo at gmail.com> wrote:
> One more thing I would like to add to this thread: I want to make it
> unequivocally clear that I believe what is making double-spends easier has
> relatively little to do with the protocol and almost everything to do with
> poor software and poor security policy on the merchant end. Perhaps it
> isn’t prudent to push out changes to the relay policy that make these
> exploits even easier right now - but we NEED to be applying some kind of
> pressure on the merchant end to upgrade their stuff to be more resilient so
> that we have more room for changes on things like relay policy without
> significant disruption to the network.
>
> - Eric Lombrozo
>
>
> ------------------------------------------------------------------------------
>
> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development at lists.sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>
>
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Aaron Voisine [ARCHIVE] /
npub18g…knkzl
2023-06-07 15:39:13
in reply to nevent1q…969t
Author Public Key
npub18gjvug29c4yg46lmplq38e75gg6wn5mn8taytckcsr4jt8p74h3s5knkzlPublished at
2023-06-07 15:39:13Event JSON
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"content": "📅 Original date posted:2015-06-21\n📝 Original message:We should use relay and default tx selection rules to raise the cost of\ndouble spend attacks as far as it is easy and practical to do so. This\nincreases the value of the bitcoin network by making it practical to use in\nmore situations for more people. Merchants of course can't rely on them\nbeing cryptographically safe, but the safer they are, the more useful.\n\nThe argument that since they can't be made perfectly safe, they should be\nas easy as possible to reverse so that merchants learn not to rely on them,\nis an incorrect one that reduces the usefulness and value of bitcoin.\nMerchants will learn very quickly what the costs of accepting bitcoin\npayments are, and the lower they are, the greater bitcoin merchant adoption\nwill be.\n\n\nAaron Voisine\nco-founder and CEO\nbreadwallet.com\n\nOn Sat, Jun 20, 2015 at 5:54 PM, Eric Lombrozo \u003celombrozo at gmail.com\u003e wrote:\n\n\u003e One more thing I would like to add to this thread: I want to make it\n\u003e unequivocally clear that I believe what is making double-spends easier has\n\u003e relatively little to do with the protocol and almost everything to do with\n\u003e poor software and poor security policy on the merchant end. Perhaps it\n\u003e isn’t prudent to push out changes to the relay policy that make these\n\u003e exploits even easier right now - but we NEED to be applying some kind of\n\u003e pressure on the merchant end to upgrade their stuff to be more resilient so\n\u003e that we have more room for changes on things like relay policy without\n\u003e significant disruption to the network.\n\u003e\n\u003e - Eric Lombrozo\n\u003e\n\u003e\n\u003e ------------------------------------------------------------------------------\n\u003e\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\u003e\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150621/d1b29009/attachment.html\u003e",
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