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Discussion about Bitcoin development http://bitcoincore.org http://github.com/bitcoin/bitcoin http://twitter.com/BitcoinCoreOrg List in: @Crypto @CryptoCurrencies Rules: All participants require username & image set No altcoin/ICO discussion or promo

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Bitcoin Dev

just rely on your shipping practices like currently

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Bitcoin Dev

as i said, i helped one double spend

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

i helped mike in space double spend his tx

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Bitcoin Dev

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

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Bitcoin Dev

so people dont rely on unreliable mechanisms and get rekt

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Bitcoin Dev

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.

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Bitcoin Dev

luckily bitcoin is bitcoin, and not money

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Bitcoin Dev

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

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Bitcoin Dev

I'll go to the next one

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Bitcoin Dev

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

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Bitcoin Dev

Good to hear those are happening again

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Bitcoin Dev

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

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Bitcoin Dev

relying on that is just silly

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

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?

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Bitcoin Dev

life can be inconvenient

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

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

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Bitcoin Dev

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

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