From: raymo@riseup•net
To: Tao Effect <contact@taoeffect•com>
Cc: Bitcoin Protocol Discussion <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Boost Bitcoin circulation, Million Transactions Per Second with stronger privacy
Date: Mon, 28 Jun 2021 10:38:10 -0700 [thread overview]
Message-ID: <24247e0d669750ed7d7754b4fc5491b4@riseup.net> (raw)
In-Reply-To: <361A8332-2815-4840-ACE1-CB790C9816F5@taoeffect.com>
Hi Greg,
You are right, the whole scenario is:
there is an issuer which own a UTXO
issuers get fiat money or goods or services from creditor in exchange of
a transaction.
the transactions are intended to circulate in Sabu protocol instead of
sending to Bitcoin network.
creditor can not sign the transaction at all. instead he can ask issuer
to change the balances (transaction outputs) and transfer some of his
money to other creditor...
here is complete paper to read it carefully:
https://raymo-49157.medium.com/time-to-boost-bitcoin-circulation-million-transactions-per-second-and-privacy-1eef8568d180
Cheers
Raymo
On 2021-06-28 17:29, Tao Effect wrote:
> Hi ZmnSCPxj & Raymo,
>
>> On Jun 28, 2021, at 8:28 AM, ZmnSCPxj via bitcoin-dev
>> <bitcoin-dev@lists•linuxfoundation.org> wrote:
>>
>> Good morning Raymo,
>>
>>> Hi ZmnSCPxj,
>>
>>> […]
>> What prevents the creditor from signing a transaction that is
>> neither a valid MT nor a GT?
>>
>> Nothing.
>
> How would the creditor create such a transaction? They need the
> issuer’s private key, so they can’t create it? Am I
> misunderstanding the scenario you’re describing? If so could you
> give a more detailed description?
>
> Cheers,
> Greg
next prev parent reply other threads:[~2021-06-28 17:38 UTC|newest]
Thread overview: 41+ messages / expand[flat|nested] mbox.gz Atom feed top
2021-06-16 13:44 raymo
2021-06-18 1:42 ` Erik Aronesty
2021-06-18 13:44 ` Alex Schoof
2021-06-18 20:00 ` raymo
2021-06-19 21:14 ` Erik Aronesty
2021-06-18 13:37 ` Erik Aronesty
2021-06-18 20:22 ` raymo
2021-06-20 0:53 ` ZmnSCPxj
2021-06-26 21:54 ` raymo
2021-06-27 4:53 ` ZmnSCPxj
2021-06-27 11:05 ` raymo
2021-06-28 5:20 ` ZmnSCPxj
2021-06-28 6:29 ` raymo
2021-06-28 8:23 ` James Hilliard
2021-06-28 9:52 ` raymo
2021-06-28 11:28 ` James Hilliard
2021-06-28 16:33 ` raymo
2021-06-28 15:28 ` ZmnSCPxj
2021-06-28 16:58 ` raymo
2021-06-28 17:58 ` Alex Schoof
2021-06-28 19:07 ` raymo
2021-06-29 21:42 ` ZmnSCPxj
2021-06-30 12:21 ` raymo
2021-06-28 17:29 ` Tao Effect
2021-06-28 17:38 ` raymo [this message]
2021-06-28 18:05 ` Ricardo Filipe
2021-06-20 1:59 ` James Hilliard
2021-06-22 18:20 ` Billy Tetrud
2021-07-01 20:11 ` raymo
2021-07-01 20:49 ` Erik Aronesty
2021-07-01 22:15 ` raymo
2021-07-02 17:57 ` Billy Tetrud
2021-07-03 8:02 ` raymo
2021-07-07 3:20 ` Billy Tetrud
2021-07-17 15:50 ` raymo
2021-07-17 18:54 ` Tao Effect
2021-08-08 9:11 ` raymo
2021-08-09 0:03 ` s7r
2021-08-09 16:22 ` raymo
[not found] ` <CAL5BAw2f=xJBO743sTb-Cms80ZLsNNbGPAsWsR_Z3JDF51ssoQ@mail.gmail.com>
2021-08-09 20:22 ` raymo
2022-11-02 17:30 ` Erik Aronesty
Reply instructions:
You may reply publicly to this message via plain-text email
using any one of the following methods:
* Save the following mbox file, import it into your mail client,
and reply-to-all from there: mbox
Avoid top-posting and favor interleaved quoting:
https://en.wikipedia.org/wiki/Posting_style#Interleaved_style
* Reply using the --to, --cc, and --in-reply-to
switches of git-send-email(1):
git send-email \
--in-reply-to=24247e0d669750ed7d7754b4fc5491b4@riseup.net \
--to=raymo@riseup$(echo .)net \
--cc=bitcoin-dev@lists$(echo .)linuxfoundation.org \
--cc=contact@taoeffect$(echo .)com \
/path/to/YOUR_REPLY
https://kernel.org/pub/software/scm/git/docs/git-send-email.html
Be sure your reply has a Subject: header at the top and a blank line
before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox