From: Jeremy Rubin <jeremy.l.rubin@gmail•com>
To: ZmnSCPxj <ZmnSCPxj@protonmail•com>
Cc: Bitcoin Protocol Discussion
<bitcoin-dev@lists•linuxfoundation.org>,
lightning-dev <lightning-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] [Lightning-dev] [Pre-BIP] Fee Accounts
Date: Sun, 20 Feb 2022 08:29:35 -0800 [thread overview]
Message-ID: <CAD5xwhjk+PtkbjvD9yEjP=tc44HEJp2hXeGMuV79K8ZS6nMssQ@mail.gmail.com> (raw)
In-Reply-To: <W70OBHZ0-DtXNdUQfA6YOmC3BVrl0zSo-xl8IQRIRSkKh7xnEV3QQwOYrgSQ8L1HvWML_bPEXB23tad6ta4lnb3caVR4rPu0mjCmVMRD264=@protonmail.com>
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opt-in or explicit tagging of fee account is a bad design IMO.
As pointed out by James O'Beirne in the other email, having an explicit key
required means you have to pre-plan.... suppose you're building a vault
meant to distribute funds over many years, do you really want a *specific*
precommitted key you have to maintain? What happens to your ability to bump
should it be compromised (which may be more likely if it's intended to be a
hot-wallet function for bumping).
Furthermore, it's quite often the case that someone might do a transaction
that pays you that is low fee that you want to bump but they choose to
opt-out... then what? It's better that you should always be able to fee
bump.
--
@JeremyRubin <https://twitter.com/JeremyRubin>
On Sun, Feb 20, 2022 at 6:24 AM ZmnSCPxj <ZmnSCPxj@protonmail•com> wrote:
> Good morning DA,
>
>
> > Agreed, you cannot rely on a replacement transaction would somehow
> > invalidate a previous version of it, it has been spoken into the gossip
> > and exists there in mempools somewhere if it does, there is no guarantee
> > that anyone has ever heard of the replacement transaction as there is no
> > consensus about either the previous version of the transaction or its
> > replacement until one of them is mined and the block accepted. -DA.
>
> As I understand from the followup from Peter, the point is not "this
> should never happen", rather the point is "this should not happen *more
> often*."
>
> Regards,
> ZmnSCPxj
>
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next prev parent reply other threads:[~2022-02-20 16:29 UTC|newest]
Thread overview: 44+ messages / expand[flat|nested] mbox.gz Atom feed top
2022-01-01 20:04 [bitcoin-dev] " Jeremy
2022-01-18 16:12 ` Billy Tetrud
2022-01-18 17:43 ` Jeremy
2022-01-19 2:37 ` Billy Tetrud
2022-01-19 2:51 ` Jeremy
2022-01-19 4:53 ` Billy Tetrud
2022-01-19 7:32 ` Jeremy
2022-01-19 16:51 ` Billy Tetrud
2022-01-19 20:08 ` Jeremy
2022-01-20 5:23 ` Billy Tetrud
2022-02-10 6:58 ` Peter Todd
2022-02-10 8:08 ` Jeremy Rubin
2022-02-18 23:50 ` Peter Todd
2022-02-19 0:38 ` Jeremy Rubin
2022-02-19 9:39 ` Peter Todd
2022-02-19 17:20 ` [bitcoin-dev] [Lightning-dev] " darosior
2022-02-19 20:35 ` Peter Todd
2022-02-20 2:24 ` ZmnSCPxj
2022-02-20 2:39 ` ZmnSCPxj
[not found] ` <590cf52920040c9cf7517b219624bbb5@willtech.com.au>
2022-02-20 14:24 ` ZmnSCPxj
2022-02-20 16:29 ` Jeremy Rubin [this message]
[not found] ` <CAD5xwhgEeTETburW=OBgHNe_V1kk8o06TDQLiLgdfmP2AEVuPg@mail.gmail.com>
2022-02-20 16:34 ` ZmnSCPxj
2022-02-20 16:45 ` Jeremy Rubin
2022-02-20 16:29 ` [bitcoin-dev] " Jeremy Rubin
2022-04-10 19:32 ` Peter Todd
2022-04-11 13:18 ` Jeremy Rubin
2022-04-15 14:52 ` Peter Todd
2022-04-17 20:57 ` Jeremy Rubin
2022-04-28 12:15 ` Peter Todd
2022-05-02 15:59 ` Jeremy Rubin
2022-06-14 11:12 ` [bitcoin-dev] Why OpenTimestamps does not "linearize" its transactions Peter Todd
2022-06-14 11:39 ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-14 11:53 ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-14 12:28 ` rot13maxi
2022-06-14 12:45 ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-14 13:55 ` Bryan Bishop
2022-06-14 15:06 ` digital vagabond
2022-06-14 15:34 ` Peter Todd
2022-06-14 17:15 ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-14 20:33 ` Andrew Poelstra
2022-06-15 1:16 ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-15 1:21 ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-19 11:04 ` Peter Todd
2022-06-14 15:22 ` Peter Todd
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