@TomZ
@TomZ
CPfP, on-chain usage. In Bitcoin there is a concept called "Child Pays for Parent" (CPfP). It allows transactions that may be stuck to get "un-stuck" in a simple manner. (background) https://bitcoin.stackexchange.com/a/49725 In the Bitcoin Cash case the usage of this method is much less needed than on a saturated chain where the queue is perpetually full. On Bitcoin Cash the need for CPfP is mostly a political one. The lack of actual progress towards a seemingly unrelated…
@TomZ
The Double Spend flowchart A double spend attack is where a person tries to steal from another person or merchant by creating two transactions, one that pays himself and the other that pays the merchant. The idea is that the attacker makes the merchant see the one for him and then tries to get the transaction paying him to be mined. More details in a longer post about this here. https://read.cash/@TomZ/double-spend-proofs-what-they-are-and-how-they-work-35e6d1d3 One myth I…