Author: Ross Nicoll 2015-02-14 14:47:18
Published on: 2015-02-14T14:47:18+00:00
In this email thread, members of the Bitcoin-development mailing list discuss the security risks associated with zero-confirmation transactions. One member expresses concern over a patch that allows for the replacement of final transactions, and suggests that only non-final transactions should be replaceable. Another member argues that relying on altruism is not a workable security model, and that it's important to understand the weaknesses and limitations of the system in order to improve it. The discussion also touches on the importance of penetration testing and understanding the irrational decisions people may make. A comparison is made to the need for fire extinguishers in a world with arsonists, rather than pretending the risk does not exist. The email concludes with a signature verifying the message.
Updated on: 2023-06-09T16:59:31.822517+00:00