From: Alan Reiner <etotheipi@gmail•com>
To: Gregory Maxwell <gmaxwell@gmail•com>
Cc: Bitcoin Development <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] SIGHASH_WITHINPUTVALUE
Date: Fri, 23 Jan 2015 11:23:06 -0500 [thread overview]
Message-ID: <54C2756A.2020907@gmail.com> (raw)
In-Reply-To: <CAAS2fgQSAj=YHhtvy=MY9GvbEZNxtLUwzfrdPnSQBUKZYdj4oA@mail.gmail.com>
On 01/23/2015 11:05 AM, Gregory Maxwell wrote:
> On Fri, Jan 23, 2015 at 3:24 PM, Alan Reiner <etotheipi@gmail•com> wrote:
>> Unfortunately, it seems that there was no soft-fork way to achieve this
>> benefit, at least not one that had favorable properties. Most of the
>> soft-fork variations of it required the coins being spent to have been
>> originated in a special way. In other words, it would only work if the
>> coins had entered the wallet with some special, modified TxOut script. So
>> it wouldn't work with existing coins, and would require senders to update
>> their software to reshape the way they send transactions to be compatible
>> with our goals.
> I think this is unreasonable. There is a straight-forward soft-fork
> approach which is safe (e.g. no risk of invalidating existing
> transactions). Yes, it means that you need to use newly created
> addresses to get coins that use the new signature type... but thats
> only the case for people who want the new capability. This is
> massively preferable to expecting _every_ _other_ user of the system
> (including miners, full nodes, etc.) to replace their software with an
> incompatible new version just to accommodate your transactions, for
> which they may care nothing about and which would otherwise not have
> any urgent need to change.
>
>
As far as I'm concerned, anything that requires the coins to originate
in the wallet with some special form is a non-starter. The new SIGHASH
type allows you to sign transactions with any coins already in your
wallet, and imposes no requirements on anyone paying your cold wallet.
Any such proposals that require origination structure means that 100% of
people paying you need to "be nice" and use this new script type, or
else you *have* to
next prev parent reply other threads:[~2015-01-23 16:23 UTC|newest]
Thread overview: 20+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-01-23 14:51 slush
2015-01-23 15:24 ` Alan Reiner
2015-01-23 15:40 ` slush
2015-01-23 16:05 ` Gregory Maxwell
2015-01-23 16:18 ` slush
2015-01-23 16:52 ` Gregory Maxwell
2015-01-23 17:40 ` slush
2015-01-23 18:51 ` Gregory Maxwell
2015-01-23 19:19 ` slush
2015-01-23 16:23 ` Alan Reiner [this message]
2015-01-23 16:27 ` Alan Reiner
2015-01-23 16:33 ` Alan Reiner
2015-01-23 16:35 ` slush
2015-01-23 17:49 ` Peter Todd
2015-01-23 15:31 ` Tamas Blummer
2015-01-23 15:42 ` Alan Reiner
2015-01-23 15:47 ` slush
2015-01-23 16:08 ` Tamas Blummer
2015-01-23 16:12 ` Adam Back
2015-01-23 16:17 ` Adam Back
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=54C2756A.2020907@gmail.com \
--to=etotheipi@gmail$(echo .)com \
--cc=bitcoin-development@lists$(echo .)sourceforge.net \
--cc=gmaxwell@gmail$(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