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From: Larry Ruane <larryruane@gmail•com>
To: vjudeu@gazeta•pl,
	 Bitcoin Protocol Discussion
	<bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Surprisingly, Tail Emission Is Not Inflationary
Date: Mon, 11 Jul 2022 12:25:41 -0600	[thread overview]
Message-ID: <CAEpYn+egaW2YMjJfOSTcaquGNpLhYAqf4sBY83WUsynRwQE1cQ@mail.gmail.com> (raw)
In-Reply-To: <165002130-e93e1ef73ec867025cbf3ea9b2d142bc@pmq2v.m5r2.onet>

On Sun, Jul 10, 2022 at 3:05 AM vjudeu via bitcoin-dev
<bitcoin-dev@lists•linuxfoundation.org> wrote:
>
> Not really, because people that run full nodes, just accepted Segwit
> and Taproot. They had no choice. And in case of zero satoshis, it could
> be the same: you would see zero if you look at raw bytes, but you will
> see non-zero values, if you use some upgraded client, that will support
> amount hiding, or other features.
>
> Segwit: old nodes see no new signatures, new nodes see all signatures
> Zero satoshis: old nodes see new zero amounts, new nodes see all amounts
>
> It is that simple.

I see what you mean, have the P2P messages depend on whether the peer
is running old code (doesn't know about tail emission) or new code
(does know about it).

I don't think this can work in this case. It worked for Segwit because
the P2P differences involved only signatures (which determine whether
the transaction is valid), not the *effect* of the transaction, that is,
how it changes the UTXO set. Consensus requires all nodes to always
agree on the UTXO set.

Larry Ruane


  reply	other threads:[~2022-07-11 18:26 UTC|newest]

Thread overview: 56+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2022-07-09 12:46 Peter Todd
2022-07-09 14:26 ` Eric Voskuil
2022-07-09 15:15   ` Peter Todd
2022-07-09 15:24     ` Eric Voskuil
2022-07-09 15:31       ` Peter Todd
2022-07-09 17:43         ` naman naman
2022-07-09 17:48           ` Peter Todd
2022-07-10  6:54             ` naman naman
2022-07-10  2:10         ` Tobin Harding
2022-07-10  7:08 ` vjudeu
2022-07-11 18:25   ` Larry Ruane [this message]
2022-07-10 10:18 ` Jacob Eliosoff
2022-07-11  2:32 ` Anthony Towns
2022-07-11  6:15   ` Stefan Richter
2022-07-11 10:42     ` Giuseppe B
2022-07-11 12:56   ` Erik Aronesty
2022-07-11 23:57     ` Anthony Towns
2022-07-13 18:29       ` Zac Greenwood
2022-07-11 16:59   ` Peter Todd
2022-07-11 17:44     ` Bram Cohen
2022-07-13 14:06 ` Alfred Hodler
2022-07-09 14:57 John Tromp
2022-07-09 15:13 ` Peter Todd
2022-07-11 18:44   ` Dave Scotese
2022-07-09 20:53 Eric Voskuil
2022-07-09 20:54 Eric Voskuil
2022-07-09 21:59 ` ZmnSCPxj
2022-07-10 14:17   ` alicexbt
2022-07-10 16:38     ` alicexbt
2022-07-10 17:29     ` Peter Todd
2022-07-10 17:27   ` Peter Todd
2022-07-10 18:12     ` vjudeu
2022-07-18 11:34     ` David A. Harding
2022-07-18 19:14       ` Erik Aronesty
2022-07-18 21:48         ` Eric Voskuil
2022-07-25 15:04         ` Erik Aronesty
2022-07-26 15:44           ` jk_14
2022-07-26 17:05             ` Erik Aronesty
2022-07-09 22:21 Peter
     [not found] <mailman.80287.1657405305.8511.bitcoin-dev@lists.linuxfoundation.org>
2022-07-10  7:44 ` John Tromp
2022-07-10 17:42 Eric Voskuil
2022-07-19 18:36 Peter
2022-07-20 14:35 ` Eric Voskuil
2022-07-26 20:01 jk_14
2022-08-15 21:46 jk_14
2022-08-17 11:10 ` Erik Aronesty
2022-08-16 16:05 Peter
2022-08-19 17:21 ` aliashraf.btc At protonmail
2022-08-20 15:30   ` Billy Tetrud
2022-08-17  8:54 jk_14
2022-08-17 13:43 jk_14
2022-08-18 15:29 ` Breno Brito
2022-08-18 15:44 ` Billy Tetrud
2022-08-18 20:49 ` Erik Aronesty
2022-08-18 20:22 jk_14
2022-08-19  5:34 vjudeu

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