rich1.0npub1qf6k0f8p0h89d43l0vnx2xp5yrfgjyl8tg3hkg8jtyudrllgw2usdlfn9ahttps://nostr.ae/npub1qf6k0f8p0h89d43l0vnx2xp5yrfgjyl8tg3hkg8jtyudrllgw2usdlfn9anjumphttps://nostr.ae📅 Original date posted:2015-06-19 📝 Original message:-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA512 On 2015-06-19 10:39, Peter Todd wrote: Yesterday F2Pool, currently the largest pool with 21% of the hashing power, enabled full replace-by-fee (RBF) support after discussions with me. This means that transactions that F2Pool has will be replaced if a conflicting transaction pays a higher fee. There are no requirements for the replacement transaction to pay addresses that were paid by the previous transaction. Intentional fraud is a bad thing to add to a financial protocol. A user who creates conflicting transactions, one that pays someone else and another which does not pay them, and broadcasts both of them, has just self-incriminated themselves by producing prima facie evidence of fraud. It may be the case that since Bitcoin spans multiple legal jurisdictions and can be use anonymously that the victims of such fraud can not rely on legal recourse, and it may also be the case that proof of work is how Bitcoin deals with the aforementioned factors, but regardless un-prosecutable fraud is still fraud and anyone who encourages it should be recognied as a bad actors. Committing vandalism and encouraging fraud to prove a point may be something the network can't stop on a technical level, but there's no reason not to call it out for what it is. -----BEGIN PGP SIGNATURE----- Version: GnuPG v2 iQIcBAEBCgAGBQJVhCsXAAoJECpf2nDq2eYjA08P/ApDFcIGws55TsgDFxPhDpN+ Iq9a06mPbXVjUfRxP5ZwmJuiM+XzHQ4QL3C2BH0OETatIV+bh7GP2mGHPcUAISYt 1j4TKhurnC+mqN+YAsiI5hQsws8DvPYXBTYYn0savaJTbq6/Q77+xvfRgNxofcPW EHpnl/5wcmYGgp3mVyStGJ+qIP17yywzCLnSA3WEPaZG/9/FPrIq3Ptw2+RHod79 nzDiFBiKLK8E5NPbdbXS+gkjkkBA/QeCzZObpMOeWMriu/PIifVi8KssLSznnEwx r7hiv6ISW47BTzkRbjxmXmGep3wfl8MjH7BZq3g0uyiApMdmjohIJ2lyuvOXdh7s 47+4r2xA8gG+z0aQTmCx5TS75T0Hnj3I78ZtCVr31Ip2OLbNI1mQ2gPR2zaoZkUZ atp2XCssHDlY2s30k5hAnIHxuN6CkyGkZCECSuv46Z3ok6ll/nIP80qB7BBzVlP1 xfSOPZh57J31U8PxZBZcwgdRg+HBiExvg484grE+h18izxcrjNfPRSWP4+7nEZtK LN7JL7YcmhVfhqKTSd6+C4bD2LsKsrcMiUhH1xHkD/hzAxc7egL6lgYTHJjU+yPu BTIh0VHJxBgroHB45Vq6loa4B3l4ZCl4Ykw8Opm7NJIfueJ0l0ySyJXi6ix4bjVf ZRF0Ot9RP0M0fHEwOpT6 =s0w/ -----END PGP SIGNATURE-----