From: Peter Todd <pete@petertodd•org>
To: Gavin Andresen <gavinandresen@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>,
Andreas Schildbach <andreas@schildbach•de>
Subject: Re: [Bitcoin-development] BIP70: PaymentACK semantics
Date: Tue, 28 Jan 2014 12:23:49 -0500 [thread overview]
Message-ID: <20140128172349.GA14168@savin> (raw)
In-Reply-To: <CABsx9T2ng9vGMmfFK95A1jBK-FotDL-fA1oOt-=zosCPaug-rQ@mail.gmail.com>
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On Tue, Jan 28, 2014 at 07:53:14AM -0500, Gavin Andresen wrote:
> On Tue, Jan 28, 2014 at 6:42 AM, Mike Hearn <mike@plan99•net> wrote:
>
> > Yeah, that's the interpretation I think we should go with for now. There
> > was a reason why this isn't specified and I forgot what it was - some
> > inability to come to agreement on when to broadcast vs when to submit via
> > HTTP, I think.
> >
>
> If the wallet software is doing automatic CoinJoin (for example), then
> typically one or several of the other participants will broadcast the
> transaction as soon as it is complete.
>
> If the spec said that wallets must not broadcast until they receive a
> PaymentACK (if a payment_url is specified), then you'd have to violate the
> spec to do CoinJoin.
>
> And even if you don't care about CoinJoin, not broadcasting the transaction
> as soon as the inputs are signed adds implementation complexity (should you
> retry if payment_url is unavailable? how many times? if you eventually
> unlock the probably-not-quite-spent-yet inputs, should you double-spend
> them to yourself just in case the merchant eventually gets around to
> broadcasting the transaction, or should you just unlock them and squirrel
> away the failed Payment so if the merchant does eventually broadcast you
> have a record of why the coins were spent).
Also users don't have infinite unspent txouts in their wallets - if they
need to make two payments in a row and run out their wallet software is
(currently) going to spend the change txout and either be forced to
broadcast both transactions anyway, or the second payment-protocol-using
recipient will do so on their behalf. (in the future they might also do
a replacement tx replacing the first with a single tx paying both to
save on fees, again with the same problem)
Anyway what you want is payment atomicity: the customer losing control
of the funds must be atomic with respect to the payment going through.
From that point of view it's unfortunate that Payment message contains
refund_to, memo, etc. That information should have been provided to the
merchant prior to them providing the list of addresses to pay.
--
'peter'[:-1]@petertodd.org
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next prev parent reply other threads:[~2014-01-28 17:24 UTC|newest]
Thread overview: 22+ messages / expand[flat|nested] mbox.gz Atom feed top
2014-01-26 21:56 Andreas Schildbach
2014-01-27 14:54 ` Gavin Andresen
2014-01-27 15:20 ` Andreas Schildbach
2014-01-27 15:52 ` Mike Hearn
2014-01-27 22:03 ` Kevin Greene
2014-01-27 22:17 ` Pieter Wuille
2014-01-27 22:39 ` Kevin Greene
2014-01-28 11:42 ` Mike Hearn
2014-01-28 12:53 ` Gavin Andresen
2014-01-28 13:09 ` Pieter Wuille
2014-01-28 13:24 ` Mike Hearn
2014-01-28 17:23 ` Peter Todd [this message]
2014-01-28 17:33 ` Mike Hearn
2014-01-28 21:12 ` Peter Todd
2014-01-30 14:51 ` Jeff Garzik
2014-01-30 14:58 ` Pieter Wuille
2014-01-30 15:01 ` Mike Hearn
2014-01-30 15:06 ` Gavin Andresen
2014-01-30 15:16 ` Pieter Wuille
2014-01-30 20:16 ` Jeremy Spilman
2014-01-31 4:16 ` Chuck
2014-01-31 16:21 ` Christophe Biocca
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