Why Nostr? What is Njump?
2023-06-07 15:39:00
in reply to

Luke Dashjr [ARCHIVE] on Nostr: πŸ“… Original date posted:2015-06-20 πŸ“ Original message:On Saturday, June 20, 2015 ...

πŸ“… Original date posted:2015-06-20
πŸ“ Original message:On Saturday, June 20, 2015 1:23:03 AM Aaron Voisine wrote:
> They don't need to be made cryptographically safe, they just have to be
> safer than, for instance, credit card payments that can be charged back. As
> long as it's reasonably good in practice, that's fine.

They never will be. You can get a decent rate of success merely by making one
transaction propagate fast (eg, 1 input, 1 output) and the other slow (eg,
1000 inputs, 1000 outputs) and choosing your peers carefully. The only reason
unconfirmed transactions aren't double spent today is because nobody is
seriously *trying*.

Luke
Author Public Key
npub1tfk373zg9dnmtvxnpnq7s2dkdgj37rwfj3yrwld7830qltmv8qps8rfq0n