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From: Peter Todd <pete@petertodd•org>
To: "Undiscussed Horrific Abuse,
	One Victim of Many" <gmkarl@gmail•com>,
	Bitcoin Protocol Discussion
	<bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] Why OpenTimestamps does not "linearize" its transactions
Date: Sun, 19 Jun 2022 07:04:50 -0400	[thread overview]
Message-ID: <Yq8C0ngC8XhMHb3y@petertodd.org> (raw)
In-Reply-To: <CALL-=e787U7BnBKdscQrEg51T4uycPwrFa3FdPuHs5UfPxuZKw@mail.gmail.com>

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On Tue, Jun 14, 2022 at 09:16:55PM -0400, Undiscussed Horrific Abuse, One Victim of Many via bitcoin-dev wrote:
> I worry that this form of "rfc timestamping" misleads its users into
> believing the timestamps of their documents are preserved. These kinds
> of user interaction issues can be very dangerous.
> 
> I would recommend uploading .ots files to chains with cheap storage,
> such as arweave or bitcoin sv.

According to Coingeek, Bitcoin SV's transaction fees are currently
0.1sats/byte. With BSV's price at $60, that works out to $644/GB.

Meanwhile, Amazon Glacier Deep Archive costs $0.012/GB/year.

Assuming a 25 year data lifetime, Bitcoin SV is still 2000x more expensive than
Amazon. And with the number of BSV nodes quickly dwindling, I'd be inclined to
trust Amazon more for long term storage.

-- 
https://petertodd.org 'peter'[:-1]@petertodd.org

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  parent reply	other threads:[~2022-06-19 11:04 UTC|newest]

Thread overview: 44+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2022-01-01 20:04 [bitcoin-dev] [Pre-BIP] Fee Accounts Jeremy
2022-01-18 16:12 ` Billy Tetrud
2022-01-18 17:43   ` Jeremy
2022-01-19  2:37     ` Billy Tetrud
2022-01-19  2:51       ` Jeremy
2022-01-19  4:53         ` Billy Tetrud
2022-01-19  7:32           ` Jeremy
2022-01-19 16:51             ` Billy Tetrud
2022-01-19 20:08               ` Jeremy
2022-01-20  5:23                 ` Billy Tetrud
2022-02-10  6:58 ` Peter Todd
2022-02-10  8:08   ` Jeremy Rubin
2022-02-18 23:50     ` Peter Todd
2022-02-19  0:38       ` Jeremy Rubin
2022-02-19  9:39         ` Peter Todd
2022-02-19 17:20           ` [bitcoin-dev] [Lightning-dev] " darosior
2022-02-19 20:35             ` Peter Todd
2022-02-20  2:24               ` ZmnSCPxj
2022-02-20  2:39                 ` ZmnSCPxj
     [not found]             ` <590cf52920040c9cf7517b219624bbb5@willtech.com.au>
2022-02-20 14:24               ` ZmnSCPxj
2022-02-20 16:29                 ` Jeremy Rubin
     [not found]                 ` <CAD5xwhgEeTETburW=OBgHNe_V1kk8o06TDQLiLgdfmP2AEVuPg@mail.gmail.com>
2022-02-20 16:34                   ` ZmnSCPxj
2022-02-20 16:45                     ` Jeremy Rubin
2022-02-20 16:29           ` [bitcoin-dev] " Jeremy Rubin
2022-04-10 19:32             ` Peter Todd
2022-04-11 13:18               ` Jeremy Rubin
2022-04-15 14:52                 ` Peter Todd
2022-04-17 20:57                   ` Jeremy Rubin
2022-04-28 12:15                     ` Peter Todd
2022-05-02 15:59                       ` Jeremy Rubin
2022-06-14 11:12                         ` [bitcoin-dev] Why OpenTimestamps does not "linearize" its transactions Peter Todd
2022-06-14 11:39                           ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-14 11:53                             ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-14 12:28                               ` rot13maxi
2022-06-14 12:45                                 ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-14 13:55                                   ` Bryan Bishop
2022-06-14 15:06                                     ` digital vagabond
2022-06-14 15:34                                   ` Peter Todd
2022-06-14 17:15                                     ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-14 20:33                                       ` Andrew Poelstra
2022-06-15  1:16                                         ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-15  1:21                                           ` Undiscussed Horrific Abuse, One Victim of Many
2022-06-19 11:04                                           ` Peter Todd [this message]
2022-06-14 15:22                               ` Peter Todd

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