From: Jeff Garzik <jgarzik@gmail•com>
To: Peter Todd <pete@petertodd•org>
Cc: Bitcoin development mailing list <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Forget dormant UTXOs without confiscating bitcoin
Date: Sun, 20 Dec 2015 22:34:06 -0500 [thread overview]
Message-ID: <CADm_Wca33DiFjDttGz2YVzNMEfGKb7GwTz0BuFpz7UOThsnRYQ@mail.gmail.com> (raw)
In-Reply-To: <99D24C78-CAEE-4E48-A454-CA82B317D44B@petertodd.org>
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On Sun, Dec 20, 2015 at 11:35 AM, Peter Todd <pete@petertodd•org> wrote:
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> Hash: SHA512
>
>
>
> On 20 December 2015 08:30:45 GMT-08:00, Chris Pacia <ctpacia@gmail•com>
> wrote:
> >On Dec 20, 2015 6:34 AM, "Jeff Garzik via bitcoin-dev" <
> >bitcoin-dev@lists•linuxfoundation.org> wrote:
> >
> >> 2) This reverses the useful minimization attribute of HD wallets -
> >"just
> >backup the seed"
> >
> >It would be nice if the bip37 filter matching algorithm was extended to
> >serve up the proof.
> >
> >And if server-based wallets did the same it would preserve the "just
> >backup
> >the seed" functionality.
>
> Exactly! The information will be out there - "just backup the seed"
> requires someone to have the exact same data needed to generate the
> TXO-unspent proof that my proposal requires to spend an old txout.
>
> tl;dr: jgarzik is incorrect; theres no difference at all from the status
> quo.
>
The data stored in the legacy case makes it possible to sign and send a
transaction without any connection to a network. The data stored in the
upgraded case, absent grandfathering, requires significant network sync at
a minimum.
The user experience and security parameters are different.
Thus, issue/recommendation #1.
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next prev parent reply other threads:[~2015-12-21 3:34 UTC|newest]
Thread overview: 19+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-12-12 20:09 jl2012
2015-12-12 23:01 ` gb
2015-12-13 1:00 ` Vincent Truong
2015-12-13 2:07 ` Gregory Maxwell
2015-12-13 8:13 ` Chris Priest
2015-12-13 8:18 ` Gregory Maxwell
2015-12-13 9:17 ` Chris Priest
2015-12-13 9:24 ` Gregory Maxwell
2015-12-13 18:11 ` jl2012
2015-12-13 21:20 ` Ricardo Filipe
2015-12-13 21:36 ` Tier Nolan
2015-12-20 11:24 ` Peter Todd
2015-12-20 11:34 ` Jeff Garzik
2015-12-20 11:43 ` s7r
2015-12-20 16:30 ` Chris Pacia
2015-12-20 16:35 ` Peter Todd
2015-12-21 3:34 ` Jeff Garzik [this message]
2015-12-21 3:23 ` Tom Harding
2015-12-13 16:14 ` Danny Thorpe
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