Post
Topic
Board Bitcoin Discussion
Re: Can we still say that BTC transactions are faster?
by
Assmaster2000
on 09/06/2016, 21:40:20 UTC
Orly?

Yep.

Could you link me to the definition of "properly formed bitcoin transaction" you're using? Because it seems you're suggesting that "a properly formed bitcoin transaction" is a transaction that goes through, which isn't much of a definition, being both circular and unenlightening Sad

Nah.

When I say a "properly formed bitcoin transaction" I generally mean the following:

Transaction includes a reasonable fee for it's size
Vague, ambiguous words like "reasonable" have no place in a formal definition. Also: "its.
Quote
Transaction doesn't spend any unconfirmed outputs
But you told me that those could be spent?
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Sequence numbers of all inputs equal to UINT_MAX
So opt-in RBF is out? Check.
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No competing transactions seen on the network spending any of the same inputs
How would my wife check for that?
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Transaction broadcast to multiple nodes
Ditto.

Tell you what. I googled "properly formed bitcoin transaction," netting me ...About 0 results (0.32 seconds). Safe to say not something in common usage, so:
1. Don't coin techy sounding scientistical jargon like "properly formed bitcoin transaction" without defining it first. It might impress some bimbo at your city college, but shit don't fly here.
2. Learn what a definition is.