Bitcoin Forum
June 30, 2024, 08:19:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: What happens to 0 confirmation accepted sites with the new BIP?  (Read 330 times)
thejaytiesto (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1014


View Profile
December 16, 2015, 12:32:51 AM
 #1

I remember reading about a new BIP that would make 0 conf obsoletes, meaning that 0 confirmations couldn't be spent or something like that, I think it has to do with the "replace by fee" new feature (BIP65) im not an expert so im not sure.

I just want to be sure that if I send money to a site like bitcoinvideocasino that accepts 0 confirmations everything is going to be OK or I will face some problems..?
RHavar
Legendary
*
Offline Offline

Activity: 2557
Merit: 1886



View Profile
December 16, 2015, 02:09:28 AM
 #2

The new feature is opt-in, which means on a transaction by transaction basis you explicitly say "I might double-spend this".  So for a bitcoin casino that currently accepts 0-conf transactions, you just need to not opt-in to the ability to double spend, and they will process your transaction exactly as they do now.

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!