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From: Wladimir <laanwj@gmail•com>
To: Gavin Andresen <gavin@bitcoinfoundation•org>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Proposal: relax the IsStandard rules for P2SH transactions
Date: Wed, 18 Jun 2014 09:42:12 +0200	[thread overview]
Message-ID: <CA+s+GJB8wzvBTG73TnFkHjWDMoOZiH+vgSyzmZ4r_f=nAU5WvQ@mail.gmail.com> (raw)
In-Reply-To: <CABsx9T2+_tLOPELm+K54D=6SNkHg1ZeO_T1jSM=CQZYJKGODFw@mail.gmail.com>

On Tue, Jun 17, 2014 at 9:40 PM, Gavin Andresen
<gavin@bitcoinfoundation•org> wrote:
> Assuming there is rough consensus, I'll make this a pull request (see
> https://github.com/gavinandresen/bitcoin-git/tree/relax_isstandard for code
> changes).
>
> ----
>
> Now that we are finally starting to see the use of multi-signature and other
> more complicated transaction forms in applications I think it is time to
> open up the "IsStandard" transaction rules on the main Bitcoin network.

Agreed!

> Discussion
> ----------
> Allowing any P2SH Script would allow an attacker to craft a single standard
> transaction output that requires on the order of 200 ECDSA signature
> checking operations to validate-- an order of magnitude more than is
> currently allowed. Therefore I am proposing that we keep the current
> 15-signature-checking-operations-per-transaction-output limit in place, but
> allow any combination of enabled Script opcodes. So, for example, you might
> have a P2SH Script that is redeemed with 2-of-2 OR 2-of-3 using:

Soungs good to me - to lift the restrictions and increase flexibility,
but also to be a careful and keep the DoS limits.

> The reference implementation's wallet will still only recognize P2SH
> transactions that use one of the standard transaction forms. To actually USE
> a new transaction form will require specialized wallets or specialized
> applications.

That's of course completely separate. As we all know, most wallet
innovation doesn't happen in the reference implementation wallet, and
it should not be used as the guide here.

Wladimir



      parent reply	other threads:[~2014-06-18  7:42 UTC|newest]

Thread overview: 10+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-06-17 19:40 Gavin Andresen
2014-06-18  0:15 ` Peter Todd
2014-06-18 12:52   ` Gavin Andresen
2014-06-19 10:09     ` Peter Todd
2014-06-19 13:54       ` Gavin Andresen
2014-06-20  0:45         ` Peter Todd
2014-09-29  2:35         ` [Bitcoin-development] New opcodes and transaction version numbers (was 'relax the IsStandard rules for P2SH transactions') Peter Todd
2014-09-29  4:30           ` Alan Reiner
2014-09-29  5:35             ` Peter Todd
2014-06-18  7:42 ` Wladimir [this message]

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