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by dskloet
Sun Jan 17, 2016 11:55 am
Forum: Development & Technical Discussion
Topic: Make 0-conf double spend uneconomical by fixing the r value ahead of time
Replies: 0
Views: 1685

Make 0-conf double spend uneconomical by fixing the r value ahead of time

I'm proposing a new kind of transaction that would make double spending 0-conf transactions uneconomical, and thus reducing the risk of double spending for the recipient.

Theory
Creating an ECDSA signature involves choosing a random number k . From this number, a value r is derived that is ...
by dskloet
Sat Nov 07, 2015 6:57 pm
Forum: AMA - Ask Me Anything
Topic: I'm Mike Hearn, creator of Lighthouse, bitcoinj and Bitcoin XT. Ask me anything!
Replies: 77
Views: 163177

Re: I'm Mike Hearn, creator of Lighthouse, bitcoinj and Bitcoin XT. Ask me anything!

Can you imagine hard forking XT before there is a super majority of miners for it and letting the market decide which coin they value more?

In theory you only need 51%. But miners do have to be on board to at least some extent, obviously, as they're the ones making the blocks.


I'm talking ...
by dskloet
Sat Nov 07, 2015 4:31 pm
Forum: AMA - Ask Me Anything
Topic: I'm Mike Hearn, creator of Lighthouse, bitcoinj and Bitcoin XT. Ask me anything!
Replies: 77
Views: 163177

Re: I'm Mike Hearn, creator of Lighthouse, bitcoinj and Bitcoin XT. Ask me anything!

Mike, today there isn't much the ordinary (non-mining) user can to to support XT or BIP101.
Can you imagine hard forking XT before there is a super majority of miners for it and letting the market decide which coin they value more?
Do you think it's feasible to do this in a way that's safe and doesn ...

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