[Bitcoin-development] instant confirmation via payment protocol backwards compatible proto buffer extension

Jorge Timón jtimon at monetize.io
Mon Jun 16 17:44:33 UTC 2014

On 6/16/14, Mike Hearn <mike at plan99.net> wrote:
> 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 ;)

Replace-by-fee doesn't imply the use of green addresses (there's other
solutions to 0 conf transactions in that context, for example,
"scorched earth"). And giving up the non-enforceable first-seen
default mining policy doesn't mean "giving up on the Bitcoin
experiment" either.

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