* [bitcoin-dev] Simple Bitcoin Payment Channel Protocol v0.1 draft (request for comments)
@ 2016-04-17 14:03 Rune Kjær Svendsen
2016-05-01 4:16 ` Rusty Russell
0 siblings, 1 reply; 2+ messages in thread
From: Rune Kjær Svendsen @ 2016-04-17 14:03 UTC (permalink / raw)
To: Bitcoin
Dear list
I've spent the past couple of months developing a simple protocol for
working with payment channels. I've written up a specification of how
it operates, in an attempt to standardize the operations of opening,
paying and closing.
This specification was derived from a mostly-working implementation
which will be open sourced in a short while (after a clean-up). It's
written in Haskell.
I'm sharing the specification now because I think it has value in
itself to have everything documented, especially since I've chosen to
write the implementation in Haskell, and for people to point out any
errors or basically anything I haven't thought of.
Link:
https://raw.githubusercontent.com/runeksvendsen/simple-bitcoin-payment-channel-protocol/master/simple-bitcoin-payment-channel-protocol-v0.1.txt
Regards
Rune
^ permalink raw reply [flat|nested] 2+ messages in thread
* Re: [bitcoin-dev] Simple Bitcoin Payment Channel Protocol v0.1 draft (request for comments)
2016-04-17 14:03 [bitcoin-dev] Simple Bitcoin Payment Channel Protocol v0.1 draft (request for comments) Rune Kjær Svendsen
@ 2016-05-01 4:16 ` Rusty Russell
0 siblings, 0 replies; 2+ messages in thread
From: Rusty Russell @ 2016-05-01 4:16 UTC (permalink / raw)
To: Rune Kjær Svendsen, Bitcoin
Rune Kjær Svendsen via bitcoin-dev
<bitcoin-dev@lists•linuxfoundation.org> writes:
> Dear list
>
> I've spent the past couple of months developing a simple protocol for
> working with payment channels. I've written up a specification of how
> it operates, in an attempt to standardize the operations of opening,
> paying and closing.
Hi!
CHECKLOCKTIMEVERIFY [...] allows payment channel
setup to be risk free [...] something that was
not the case before, when the refund Bitcoin transaction
depended on another, unconfirmed Bitcoin transaction. Building
on unconfirmed transactions is currently not safe in Bitcoin
With Segregated Witness, this is now safe. With that expected soon, I'd
encourage you to take advantage of it.
Cheers,
Rusty.
^ permalink raw reply [flat|nested] 2+ messages in thread
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2016-04-17 14:03 [bitcoin-dev] Simple Bitcoin Payment Channel Protocol v0.1 draft (request for comments) Rune Kjær Svendsen
2016-05-01 4:16 ` Rusty Russell
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