Hey all


The idea of TXHASH has been around for a while, but AFAIK it was never formalized. After conversations with Russell, I worked on a specification and have been gathering some feedback in the last several weeks.

I think the draft is in a state where it's ready for wider feedback and at the same time I'm curious about the sentiment in the community about this idea.

The full BIP text can be found in the attachment as well as at the following link:
https://github.com/bitcoin/bips/pull/1500

I will summarize here in this writing.

What does the BIP specify?


What does this achieve?


What are still open questions?


This work is just an attempt to make some of the ideas that have been floating around into a concrete proposal. If there is community interest, I would be willing to spend time to adequately formalize this BIP and to work on an implementation for Bitcoin Core.


Looking forward to your thoughts

Steven