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From: Prayank <prayank@tutanota•de>
To: Bastien TEINTURIER <bastien@acinq•fr>
Cc: Bitcoin Dev <bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Improving RBF Policy
Date: Tue, 1 Feb 2022 03:47:18 +0100 (CET)	[thread overview]
Message-ID: <MunATIf--3-2@tutanota.de> (raw)

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Hi Bastein,

> This work will highly improve the security of any multi-party contract trying to build on top of bitcoin
Do you think such multi party contracts are vulnerable by design considering they rely on policy that cannot be enforced?

> For starters, let me quickly explain why the current rules are hard to work with in the context of lightning
Using the term 'rules' can be confusing sometimes because it's just a policy and different from consensus rules. I wish we could change this in the BIP with something else.

> I'm actually paying a high fee twice instead of once (and needlessly using on-chain space, our scarcest asset, because we could have avoided that additional transaction
Not sure I understand this part because if a transaction is on-chain it can't be replaced. 

> The second biggest pain point is rule 3. It prevents me from efficiently using my capital while it's unconfirmed
> I'm curious to hear other people's thoughts on that. If it makes sense, I would propose the following very simple rules
Looks interesting however not sure about X and Y.

-- 
Prayank

A3B1 E430 2298 178F

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             reply	other threads:[~2022-02-01  2:47 UTC|newest]

Thread overview: 25+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2022-02-01  2:47 Prayank [this message]
2022-02-01  9:30 ` Bastien TEINTURIER
2022-02-02 10:21   ` Anthony Towns
  -- strict thread matches above, loose matches on Subject: below --
2022-02-09 17:57 lisa neigut
     [not found] <mailman.19693.1643292568.8511.bitcoin-dev@lists.linuxfoundation.org>
2022-01-31 22:54 ` [bitcoin-dev] Improving RBF policy Bram Cohen
2022-02-01  0:08   ` Eric Voskuil
2022-02-01  8:32     ` Bram Cohen
2022-02-01 19:44       ` Eric Voskuil
2022-02-01  0:42   ` Antoine Riard
2022-01-27 13:42 [bitcoin-dev] Improving RBF Policy Gloria Zhao
2022-01-28  1:35 ` Jeremy
2022-01-30 22:53 ` Antoine Riard
2022-01-31 15:57   ` Bastien TEINTURIER
2022-02-01  1:56     ` Anthony Towns
2022-02-05 13:21     ` Michael Folkson
2022-02-07 10:22       ` Bastien TEINTURIER
2022-02-07 11:16         ` Gloria Zhao
2022-02-08  4:58           ` Anthony Towns
2022-03-09 15:09             ` Gloria Zhao
2022-03-11 16:22               ` Billy Tetrud
2022-03-12  8:18                 ` Billy Tetrud
2022-03-14 10:29                   ` Gloria Zhao
2022-03-15  1:43                     ` Billy Tetrud
2022-03-17  2:02               ` Antoine Riard
2022-03-17 15:59                 ` Billy Tetrud

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