> > Some more use cases might be: > Waiting in comfort: > - Send a payment ahead of time, then wander over and collect the goods > after X confirmations. > > Authorized pickup : > - Hot wallet software used by related people could facilitate the use > of 1 of N multisig funds. Any one of the N wallets could collect goods > and services purchased by any of the others. I like this one, because it shows the power of reusing the transaction data structure. > > Non-monetary gifts: > - Sender exports spent keys to a beneficiary, enabling PoP to work as a > gift claim > > Contingent services: > - Without Bob's permission, a 3rd party conditions action on a payment > made from Alice to Bob. For example, if you donated at least .02 BTC to > Dorian, you (or combining scenarios, any of your N authorized family > members), can come to my dinner party. This is an interesting one. > > I tried out your demo wallet and service and it worked as advertised. > > Could the same standard also be used to prove that a transaction COULD > BE created? To generalize the concept beyond actual payments, you could > call it something like proof of payment potential. I guess it's possible, but we'd have to remove the txid from the output, since there is none. This is a way of saying "I'm in control of these addresses". The other party/parties can then verify the funds on the blockchain and watch those addresses for changes. Maybe there are some interesting use cases here. Ideas? > > Why not make these proofs permanently INVALID transactions, to remove > any possibility of their being mined and spending everything to fees > when used in this way, and also in cases involving reorganizations? Yes. Initially I thought it would be enough that the funds are already spent, but I think you're right here. Reorgs could be a problem. Worse, you also might want to prove 0-confirmation transactions, in which case it's a huge security problem. Someone might intercept the PoP and publish it on the bitcoin network, spending all the funds. But I still would like wallets to be able to build/verify PoPs with little or no modifications. Could we possibly change the version number on the PoP to something other than 1? Maybe 2^4-1? Or a really high lock_time, but it would not make it invalid, just delayed. Any suggestions here? > > I agree that PoP seems complementary to BIP70. > > Thank you very much for your comments! /Kalle