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ya. problem is people double spending by mistake, even if they don't want to, because of the bad wallet ux.
Читать полностью…How many users and merchants think that when the transaction falls out of the mempool it reverts the transaction? too many
Читать полностью…just rely on your shipping practices like currently
Читать полностью…they can wait for conf before they shipped the product like they do now
Читать полностью…Me too. Profit maximization fucks up most social interactions. Unfortunately enough, trust isn't always an option.
Читать полностью…anyways - i'm off twitter for a reason - all good. we disagree
Читать полностью…8 years relying on 0 conf - guess how many double spends.. 0 - none - never - 0conf merchants begging for double spends to test their systems - doesnt happen
Читать полностью…so people dont rely on unreliable mechanisms and get rekt
Читать полностью…Irrational behavior is unreliable. Mining nodes that maximize profit, even if they started as a small minority, can be expected to eventually outcompete those that don't. If Core don't do it, people would run a patch instead.
Читать полностью…https://x.com/123456/status/1711601593399828530?s=20
Читать полностью…My grandma trusts me more than 6 confirms.. we don't need any confs.. we just need our wallets to know about the 0 conf utxo tx forever, and spend it as needed for her, and never for me.
I only need confirmations when there's a hostage situation and a ransom. end of rant
Relying on " confirmed" is silly
Every single transaction is context specific..
Almost all wallets and all users are broken because of this broken concept of a confirmation needed
A valid transaction is a valid transaction. There's no such thing as "binary confirmed" - it's only a finality curve - 1 block reorgs happen as often as 0conf double spends
Читать полностью…btw merchants can still accept zero conf on full rbf by default
Читать полностью…merchants have inherent protection, they dont send you the package if you double spend
Читать полностью…just because you had nothing worth stealing, doesnt mean it wont happen
Читать полностью…Yes. Post confirmation (or intricate surrogate of confirmation, as in LN).
If the unconfirmed sufficed in a reliable way, then why use a wasteful blockchain?
yes, thats why it needs to be full rbf by default
Читать полностью…double spend prevention for p2p e cash was the idea - i once read that
Читать полностью…regarding full-rbf.. gossiping double spend attacks by default in bitcoin core, instead of trying to scale, breaks bitcoin as money.. imho
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