Bitcoin Dev

27 Sep 2023 23:35

as i said, i helped one double spend

Bitcoin Dev

27 Sep 2023 23:28

they can wait for conf before they shipped the product like they do now

Bitcoin Dev

27 Sep 2023 23:27

Me too. Profit maximization fucks up most social interactions. Unfortunately enough, trust isn't always an option.

Bitcoin Dev

27 Sep 2023 23:26

anyways - i'm off twitter for a reason - all good. we disagree

Bitcoin Dev

27 Sep 2023 23:25

i helped mike in space double spend his tx

Bitcoin Dev

27 Sep 2023 23:23

8 years relying on 0 conf - guess how many double spends.. 0 - none - never - 0conf merchants begging for double spends to test their systems - doesnt happen

Bitcoin Dev

27 Sep 2023 23:21

so people dont rely on unreliable mechanisms and get rekt

Bitcoin Dev

27 Sep 2023 23:20

Irrational behavior is unreliable. Mining nodes that maximize profit, even if they started as a small minority, can be expected to eventually outcompete those that don't. If Core don't do it, people would run a patch instead.

Bitcoin Dev

27 Sep 2023 23:18

luckily bitcoin is bitcoin, and not money

Bitcoin Dev

27 Sep 2023 20:09

I'll try to go to the next one. Have a lot to say about how the next few generations of development could be done based on actual experience

Bitcoin Dev

27 Sep 2023 03:46

I'll go to the next one

Bitcoin Dev

27 Sep 2023 02:18

Looking for a couple of people with Binance or Bybit, no need to provide funds or accounts, the profit is decent. Write in direct

Bitcoin Dev

26 Sep 2023 04:03

Good to hear those are happening again

Bitcoin Dev

14 Aug 2023 15:00

I was thinking on something like extend private key. Like legacy wallets still use on core.

Bitcoin Dev

12 Aug 2023 18:21

But I was thinking on a paper backup.

Bitcoin Dev

27 Sep 2023 23:33

A valid transaction is a valid transaction. There's no such thing as "binary confirmed" - it's only a finality curve - 1 block reorgs happen as often as 0conf double spends

Bitcoin Dev

27 Sep 2023 23:28

btw merchants can still accept zero conf on full rbf by default

Bitcoin Dev

27 Sep 2023 23:26

merchants have inherent protection, they dont send you the package if you double spend

Bitcoin Dev

27 Sep 2023 23:25

just because you had nothing worth stealing, doesnt mean it wont happen

Bitcoin Dev

27 Sep 2023 23:24

Yes. Post confirmation (or intricate surrogate of confirmation, as in LN).
If the unconfirmed sufficed in a reliable way, then why use a wasteful blockchain?

Bitcoin Dev

27 Sep 2023 23:22

life can be inconvenient

Bitcoin Dev

27 Sep 2023 23:20

yes, thats why it needs to be full rbf by default

Bitcoin Dev

27 Sep 2023 23:19

double spend prevention for p2p e cash was the idea - i once read that

Bitcoin Dev

27 Sep 2023 22:47

regarding full-rbf.. gossiping double spend attacks by default in bitcoin core, instead of trying to scale, breaks bitcoin as money.. imho

Bitcoin Dev

27 Sep 2023 20:06

Claiming that RBF prevention was something which could be relied on was always the scam

Bitcoin Dev

27 Sep 2023 02:27

BIP125 replace by fee scammer said what? This is a dev chat.

Bitcoin Dev

26 Sep 2023 19:49

yes. it was nice to see the same (older) faces.. lol.. we are doing it again in November!

Bitcoin Dev

26 Sep 2023 03:05

https://meetu.ps/e/MvDRp/mGGqR/i

Bitcoin Dev

14 Aug 2023 14:14

can put a taproot wallet on a ledger or trezor hardware and then paper backup the hardware wallet seed. the wallet itself needs to be tapscript BIP431/432 compliant to write script; there's no way paper can do that

Bitcoin Dev

12 Aug 2023 15:29

https://developer.bitcoin.org/reference/rpc/backupwallet.html