Author: Adrian Macneil 2015-04-09 06:28:08
Published on: 2015-04-09T06:28:08+00:00
The discussion in the email thread revolves around the issue of replace-by-fee (RBF) and its impact on Bitcoin. Adrian from Coinbase expresses concern that RBF could make it difficult to pitch Bitcoin as an alternative to credit card payments for large merchants, as Coinbase relies on the current first-seen mempool behavior. Peter Todd challenges Adrian to provide a list of companies that actually rely on first-seen mempool behavior. Mike Hearn shares two blog posts on replace by fee and double spending mitigations. The first post argues against RBF-SE and its harmful impact on Bitcoin, while the second post discusses techniques such as risk analysis of transactions, payment channels, countersigning by a trusted third party, remote attestation, ID verification, waiting for confirmations, and punishment of double spending blocks to make double spending harder. The email also includes a promotional message about the Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, which focuses on parallel software development.
Updated on: 2023-06-09T18:59:41.321039+00:00