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From: Peter Todd <pete@petertodd•org>
To: Mike Hearn <mike@plan99•net>
Cc: Bitcoin Development <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Bait for reusable addresses
Date: Fri, 24 Jan 2014 10:26:18 -0500	[thread overview]
Message-ID: <20140124152617.GA31017@petertodd.org> (raw)
In-Reply-To: <CANEZrP0MnXr4xjaMPg7v7vTiDQr-y7esvEBE=xk=Y0BUGXak9A@mail.gmail.com>

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On Fri, Jan 24, 2014 at 12:26:19PM +0000, Mike Hearn wrote:
> >
> > brittleness. The real world experience is that users, or to be exact
> > wallet authors, turn down SPV privacy parameters until bloom filters
> > have almost no privacy in exchange for little bandwidth usage.
> 
> 
> That's not fundamental though, it just reflects that the only
> implementation of this is used on a wide range of devices and doesn't yet
> have any notion of bandwidth modes or monitoring. It can and will be
> resolved at some point.

Resolved for some users, not for all. The underlying trade-off will
always be there; less bandwidth makes it harder, more addresses to check
makes it harder; an HD wallet used properly without re-using addresses
will quickly lead to a fairly full bloom filter unless addresses are
expired, and expiration leads to scenarios where funds can be lost.

I think we need to provide users with better options than that.

-- 
'peter'[:-1]@petertodd.org
000000000000000064ddd387d7548c97c4d42f4df1008d180f306c59e0440f4f

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  reply	other threads:[~2014-01-24 15:26 UTC|newest]

Thread overview: 14+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-01-16  1:23 Gregory Maxwell
2014-01-24  9:02 ` Peter Todd
2014-01-24 12:26   ` Mike Hearn
2014-01-24 15:26     ` Peter Todd [this message]
2014-01-24 21:58       ` Jeremy Spilman
2014-01-24 23:15         ` Mike Hearn
2014-01-24 15:42     ` Adam Back
2014-01-24 16:13       ` Peter Todd
2014-01-25 16:19         ` [Bitcoin-development] (space) efficient reusable addr via weil pairing IBE (Re: Bait for reusable addresses) Adam Back
2014-02-02  2:36           ` Peter Todd
2014-02-02  9:16             ` Jeremy Spilman
2014-02-02 12:26               ` Peter Todd
2014-02-02 15:26                 ` Adam Back
2014-02-02 11:55             ` Peter Todd

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