[Bitcoin-development] instant confirmation via payment protocol backwards compatible proto buffer extension
mike at plan99.net
Mon Jun 16 17:01:40 UTC 2014
> I only meant that double spends minutes apart are possible and that by then
> the sole use of a monitor is too late even if it will tell you.
As long as miners stick to Satoshi's first seen rule, which is the default,
(this is the famous "snack machine" thread from 2010)
If they decide to change to something like highest-fee-always-wins, then
they (again) centralise things by forcing all instant transactions to pay
GreenAddress and its competitors money - much though I like your product
Lawrence, let's hope they don't collectively lemming us all off a cliff by
doing that ;)
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