Subject: Re: [bitcoin-dev] Boost Bitcoin circulation, Million Transactions Per Second with stronger privacy

From: Ricardo Filipe <[email-masked]>
Date: Mon, 28 Jun 2021 19:05:46 +0100

I believe Zman meant issuer.

raymo via bitcoin-dev <[email-masked]> escreveu
no dia segunda, 28/06/2021 à(s) 18:45:
>
> Hi Greg,
> You are right, the whole scenario is:
> there is an issuer which own a UTXO
> issuers get fiat money or goods or services from creditor in exchange of
> a transaction.
> the transactions are intended to circulate in Sabu protocol instead of
> sending to Bitcoin network.
> creditor can not sign the transaction at all. instead he can ask issuer
> to change the balances (transaction outputs) and transfer some of his
> money to other creditor...
> here is complete paper to read it carefully:
> https://raymo-49157.medium.com/time-to-boost-bitcoin-circulation-million-transactions-per-second-and-privacy-1eef8568d180
>
> Cheers
> Raymo
>
>
> On 2021-06-28 17:29, Tao Effect wrote:
> > Hi ZmnSCPxj & Raymo,
> >
> >> On Jun 28, 2021, at 8:28 AM, ZmnSCPxj via bitcoin-dev
> >> <[email-masked]> wrote:
> >>
> >> Good morning Raymo,
> >>
> >>> Hi ZmnSCPxj,
> >>
> >>> […]
> >> What prevents the creditor from signing a transaction that is
> >> neither a valid MT nor a GT?
> >>
> >> Nothing.
> >
> > How would the creditor create such a transaction? They need the
> > issuer’s private key, so they can’t create it? Am I
> > misunderstanding the scenario you’re describing? If so could you
> > give a more detailed description?
> >
> > Cheers,
> > Greg
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