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sgrif's profile
Miss Dada 🏳️‍⚧️
Miss Dada 🏳️‍⚧️
Miss Dada  🏳️‍⚧️
@sgrif

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Miss Dada  🏳️‍⚧️

@sgrif

Co lead of the http://crates.io  team. Creator of @dieselframework. Former host of @_bikeshed and @_yakshave. Former Rails comitter. Enby. they/them

Albuquerque, NM
patreon.com/seantheprogram…
Joined November 2008

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    1. Miss Dada  🏳️‍⚧️‏ @sgrif 30 Jul 2017
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      Can someone who understands blockchain shit explain to me how BCC doesn't introduce double-spend possibilities?

      3 replies 0 retweets 4 likes
    2. Miss Dada  🏳️‍⚧️‏ @sgrif 30 Jul 2017
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      Replying to @sgrif

      If it's just forking the ledger, what's to stop me from doing a transaction on the old chain, and then spending that same cash on the new 1?

      4 replies 0 retweets 0 likes
    3. John Backus‏ @backus 30 Jul 2017
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      Replying to @sgrif

      They will be separate currencies and their values will represent what people expect to win. BCC $300, BTC $2.7k. Should diverge more w/ time

      1 reply 0 retweets 1 like
    4. Miss Dada  🏳️‍⚧️‏ @sgrif 30 Jul 2017
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      Replying to @backus

      That doesn't answer my question though. What stops me from doing a transaction with the same cash on both chains?

      1 reply 0 retweets 0 likes
    5. John Backus‏ @backus 30 Jul 2017
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      Replying to @sgrif

      You could. If BCC ends up at $300 then BTC may drop $300 that day. Not same as double spend. Your money is now just spread over 2 coins now

      1 reply 0 retweets 0 likes
    6. Miss Dada  🏳️‍⚧️‏ @sgrif 30 Jul 2017
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      Replying to @backus

      It's absolutely double spend. A transaction on the BCC chain doesn't affect the BTC one. Money in a wallet pre Aug 1 is on both.

      1 reply 0 retweets 0 likes
    7. John Backus‏ @backus 30 Jul 2017
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      Replying to @sgrif

      "double spend" = publishing 2 transactions to the network, duping someone into thinking they are paid even tho later tx will be invalidated.

      1 reply 0 retweets 0 likes
    8. Miss Dada  🏳️‍⚧️‏ @sgrif 30 Jul 2017
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      Replying to @backus

      I understand that it's not how the term is normally used. That doesn't make my question less valid.

      1 reply 0 retweets 0 likes
    9. John Backus‏ @backus 30 Jul 2017
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      Replying to @sgrif

      Sure just clarifying its not the kind of thing that would cripple the entire network like a double spend would.

      3 replies 0 retweets 1 like
      Miss Dada  🏳️‍⚧️‏ @sgrif 30 Jul 2017
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      Replying to @backus

      Which seems equally concerning

      3:45 PM - 30 Jul 2017 from Ottawa - Gatineau
      1 reply 0 retweets 0 likes
        1. New conversation
        1. John Backus‏ @backus 30 Jul 2017
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          Replying to @sgrif

          Yeah part of why people don't want forks unless it is critical. It is weird to have the value split and require everyone to arbitrage

          1 reply 0 retweets 0 likes
        2. Miss Dada  🏳️‍⚧️‏ @sgrif 30 Jul 2017
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          Replying to @backus

          Gotcha. Thank you, that answers my question. :)

          1 reply 0 retweets 0 likes
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