Sure, of course, as long as it's clearly labelled as just your thoughts, no issues. For dispute mediation the way I'd start is playing around with some UI design stuff and a toy protocol underneath. Once the process is smooth from the users POV (no seeing binary blobs disguised as text) then it should become clearer what steps the protocol needs and what order they need to come in. Specific feedback on this format - as far as I can tell the format represents a subset of the regular bitcoin transaction format? Couldn't you just serialize a Bitcoin CTransaction structure with the txins containing the output scripts?