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From: Gavin Andresen <gavinandresen@gmail•com>
To: Alan Reiner <etotheipi@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] [BIP draft] CHECKLOCKTIMEVERIFY - Prevent a txout from being spent until an expiration time
Date: Wed, 1 Oct 2014 17:34:33 -0400	[thread overview]
Message-ID: <CABsx9T1Wh1ypQ-RCkAh+1qEw7QvBnuPja1teJ6xq9F_gQHAGOA@mail.gmail.com> (raw)
In-Reply-To: <542C6C61.30301@gmail.com>

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On Wed, Oct 1, 2014 at 5:04 PM, Alan Reiner <etotheipi@gmail•com> wrote:

> On 10/01/2014 04:58 PM, Gavin Andresen wrote:
> > If the first transaction is P2SH, then the miner won't know there is
> > an advantage to holding it until it is too late (the scriptPubKey is
> > an opaque hash until the second transaction is final and
> > relayed/broadcast).
>
> If you're doing some kind of proof-of-burn scheme, wouldn't using P2SH
> defeat the purpose of it?
>

No, the burner would supply the funding transaction plus the redeeming
script as the proof-of-burn to whoever needed the proof.

Only after at least one confirmation, if there was some risk that revealing
the redeeming script would make miners refuse to mine that first
transaction because they want to get it plus the CHECKTIMELOCKVERIFY "burn"
transaction.

-- 
--
Gavin Andresen

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  reply	other threads:[~2014-10-01 21:34 UTC|newest]

Thread overview: 46+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-10-01 13:08 Peter Todd
2014-10-01 15:01 ` Gavin Andresen
2014-10-02  1:06   ` Peter Todd
2014-10-01 15:29 ` Sergio Lerner
2014-10-01 17:06   ` Peter Todd
2014-10-01 18:23 ` Luke Dashjr
2014-10-01 20:58   ` Gavin Andresen
2014-10-01 21:04     ` Alan Reiner
2014-10-01 21:34       ` Gavin Andresen [this message]
2014-10-02  0:12         ` Peter Todd
2014-10-02  0:05   ` Peter Todd
2014-10-02  0:55     ` Luke Dashjr
2014-10-02  1:09       ` Peter Todd
2014-10-02 15:05         ` Flavien Charlon
2014-10-03 14:28           ` Matt Whitlock
2014-10-03 14:30             ` Matt Whitlock
2014-10-03 16:17             ` Gregory Maxwell
2014-10-03 17:50             ` Luke Dashjr
2014-10-03 20:58               ` Mike Hearn
2014-10-03 23:12                 ` Jeff Garzik
2014-10-04  0:38                   ` Peter Todd
2014-10-04 12:58                     ` Mike Hearn
2014-10-07 15:50                       ` Gavin Andresen
2014-10-07 16:08                         ` Mike Hearn
2014-10-08 10:26                           ` Wladimir
2014-10-09  3:13                             ` Alan Reiner
2014-10-09  6:14                               ` Adam Back
2014-10-09  6:28                                 ` Gregory Maxwell
2014-10-09  6:33                                   ` Peter Todd
2014-10-09  6:40                                     ` Gregory Maxwell
2014-10-08  4:07                         ` Tom Harding
2014-10-08 10:15                           ` Mike Hearn
2015-03-16 22:22 ` [Bitcoin-development] Relative CHECKLOCKTIMEVERIFY (was CLTV proposal) Matt Corallo
2015-03-19 17:39   ` Zooko Wilcox-OHearn
2015-04-21  7:59   ` Peter Todd
2015-04-26 11:35     ` Jorge Timón
2015-04-26 12:20       ` Jorge Timón
2015-04-27 19:35         ` Peter Todd
2015-04-28  7:44           ` Jorge Timón
2015-05-04  2:15     ` Matt Corallo
2015-05-04 11:24       ` Jorge Timón
2015-05-05  0:41         ` Btc Drak
2015-05-05 19:19           ` Jorge Timón
2015-05-05 20:38         ` Tier Nolan
2015-05-06  7:37           ` Jorge Timón
2015-05-06 22:09             ` Tier Nolan

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