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Date: Thu, 12 Feb 2015 15:08:33 -0800
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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] replace-by-fee v0.10.0rc4
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On 2/12/2015 6:25 AM, Tamas Blummer wrote:
>
> Miner will see a mixed picture and will struggle to act “honestly” on
> a statistical measure.
The statistics come from the aggregate actions of all nodes, especially
those miners who watch p2p transactions and assemble blocks.
Any one node makes deterministic decisions based on its own observation
-- just like today's valid/invalid decision based on whether a blocktime
is within the next 2 hours or not.
The idea is that miners will exclude respends because they put the block
at risk of being forked off, with no offsetting payback. The design
point is to make sure this is sufficiently unlikely to happen
accidentally, or via some attack vector.
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