[bitcoin-dev] The need for larger blocks

Peter Todd pete at petertodd.org
Sat Jun 27 15:13:54 UTC 2015


-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256



On 27 June 2015 03:14:41 GMT-04:00, Aaron Voisine <voisine at gmail.com> wrote:
>Also remember that the sender is not the one who cares about delays or
>even
>getting confirmations at all, it's the receiver who's concerned with
>these
>things. They have to tell the sender up-front what they're willing to
>accept in exchange for goods and services.

You're assuming a receiver who is accepting a zeroconf transaction; most receivers don't.

For instance, when I deposit funds on my exchange they don't credit those funds until 4 confirmations, so I very much cafe about how long it takes to get the first confirmation.
-----BEGIN PGP SIGNATURE-----

iQE9BAEBCAAnIBxQZXRlciBUb2RkIDxwZXRlQHBldGVydG9kZC5vcmc+BQJVjr2g
AAoJEMCF8hzn9Lnc47AIAJBa5O+H+XEqok4j8AEly9rjAMmdcOrqJSoNvtCj897l
R34cN/5SfYIRpvFoyBKXfY+xo0RR/42VM08uju+vvCAvImiwOyrUNPTS2TmDdE3M
PTGgQrYIctQxTcek9VL8TV94bHns+kJxMiOySdsOA+7NLl0oKoNKoHhYbbWPcn/+
13p+su2Xi/ydO6HjHHxR/3kpQE4q8tupGDH0ZaPUijyd04uvB4GK4pPA5P7EeM9b
ixXB8aZnSYhbVnknUFfcTBLHzo70BQbTh0QFTZCOkNSwIoBfyEhd53IZ+BfJGbLo
2K2VcMHeVU91Zbg+rgKNfGuLQvr5hEfZIkqZckXDj6I=
=B/YW
-----END PGP SIGNATURE-----



More information about the bitcoin-dev mailing list