# Gavin Andresen # 2011-02-14 21:12:30 # https://bitcointalk.org/index.php?topic=3441.msg48852#msg48852 @s{quotedtext} @s{quotedtext} @p{brk} Right... so then the question is "will the MYBITCOIN-like intermediary be able to verify transactions quickly without opening themselves up to systematic fraud." @p{par} Without requiring users to pre-deposit funds with them, because users ain't gonna do that. @p{par} Here's another possible simple rule for miners that might work (but, as Hal said, requires Deep Thought): @p{par} "When I see a new block with transactions that I didn't see broadcast previously, mark those transactions as suspicious. If I see double-spends of those transactions, stop building on that block@p{--} assume it is cheating. Switch to the previous block (or alternate block if there's a block race going on)." @p{par} Miners won't try to rip off a grocery store for $50 worth of groceries if doing so makes their $50+ bitcoin reward for finding a block disappear. @p{par} This rule would also give miners a strong incentive to detect and refuse to include EITHER side of a double-spend in their blocks (if they get both spends while they're working on the block). @p{brk}