From: darosior <darosior@protonmail•com>
To: Bitcoin Protocol Discussion <bitcoin-dev@lists•linuxfoundation.org>
Subject: [bitcoin-dev] ANYPREVOUT in place of CTV
Date: Fri, 22 Apr 2022 11:11:41 +0000 [thread overview]
Message-ID: <p3P0m2_aNXd-4oYhFjCKJyI8zQXahmZed6bv7lnj9M9HbP9gMqMtJr-pP7XRAPs-rn_fJuGu1cv9ero5i8f0cvyZrMXYPzPx17CxJ2ZSvRk=@protonmail.com> (raw)
I would like to know people's sentiment about doing (a very slightly tweaked version of) BIP118 in place of
(or before doing) BIP119.
SIGHASH_ANYPREVOUT and its precedent iterations have been discussed for over 6 years. It presents proven and
implemented usecases, that are demanded and (please someone correct me if i'm wrong) more widely accepted than
CTV's.
SIGHASH_ANYPREVOUTANYSCRIPT, if its "ANYONECANPAY" behaviour is made optional [0], can emulate CTV just fine.
Sure then you can't have bare or Segwit v0 CTV, and it's a bit more expensive to use. But we can consider CTV
an optimization of APO-AS covenants.
CTV advocates have been presenting vaults as the flagship usecase. Although as someone who've been trying to
implement practical vaults for the past 2 years i doubt CTV is necessary nor sufficient for this (but still
useful!), using APO-AS covers it. And it's not a couple dozen more virtual bytes that are going to matter for
a potential vault user.
If after some time all of us who are currently dubious about CTV's stated usecases are proven wrong by onchain
usage of a less efficient construction to achieve the same goal, we could roll-out CTV as an optimization. In
the meantime others will have been able to deploy new applications leveraging ANYPREVOUT (Eltoo, blind
statechains, etc..[1]).
Given the interest in, and demand for, both simple covenants and better offchain protocols it seems to me that
BIP118 is a soft fork candidate that could benefit more (if not most of) Bitcoin users.
Actually i'd also be interested in knowing if people would oppose the APO-AS part of BIP118, since it enables
CTV's features, for the same reason they'd oppose BIP119.
[0] That is, to not commit to the other inputs of the transaction (via `sha_sequences` and maybe also
`sha_amounts`). Cf https://github.com/bitcoin/bips/blob/master/bip-0118.mediawiki#signature-message.
[1] https://anyprevout.xyz/ "Use Cases" section
next reply other threads:[~2022-04-22 11:11 UTC|newest]
Thread overview: 26+ messages / expand[flat|nested] mbox.gz Atom feed top
2022-04-22 11:11 darosior [this message]
2022-04-22 11:44 ` rot13maxi
2022-04-22 11:54 ` darosior
2022-04-22 17:01 ` Luke Dashjr
2022-04-24 20:41 ` Richard Myers
2022-04-25 13:35 ` darosior
2022-04-25 16:35 ` darosior
2022-04-25 1:46 ` Erik Aronesty
2022-04-25 16:35 ` Nadav Ivgi
2022-04-25 16:57 ` Nadav Ivgi
2022-04-26 20:13 ` Jeremy Rubin
2022-04-29 5:08 ` Nadav Ivgi
2022-04-29 8:30 ` darosior
2022-04-29 10:21 ` Nadav Ivgi
2022-04-29 11:40 ` Nadav Ivgi
2022-05-01 23:35 ` Billy Tetrud
2022-04-30 8:09 ` Nadav Ivgi
2022-04-30 11:15 ` Greg Sanders
2022-05-01 14:25 ` Nadav Ivgi
2022-05-03 15:51 ` Jeremy Rubin
2022-04-22 13:35 pushd
2022-04-25 13:34 ` Hampus Sjöberg
2022-04-22 17:14 pushd
2022-04-29 13:22 Swambo, Jacob
2022-05-03 10:38 ` darosior
2022-05-03 16:40 Swambo, Jacob
Reply instructions:
You may reply publicly to this message via plain-text email
using any one of the following methods:
* Save the following mbox file, import it into your mail client,
and reply-to-all from there: mbox
Avoid top-posting and favor interleaved quoting:
https://en.wikipedia.org/wiki/Posting_style#Interleaved_style
* Reply using the --to, --cc, and --in-reply-to
switches of git-send-email(1):
git send-email \
--in-reply-to='p3P0m2_aNXd-4oYhFjCKJyI8zQXahmZed6bv7lnj9M9HbP9gMqMtJr-pP7XRAPs-rn_fJuGu1cv9ero5i8f0cvyZrMXYPzPx17CxJ2ZSvRk=@protonmail.com' \
--to=darosior@protonmail$(echo .)com \
--cc=bitcoin-dev@lists$(echo .)linuxfoundation.org \
/path/to/YOUR_REPLY
https://kernel.org/pub/software/scm/git/docs/git-send-email.html
Be sure your reply has a Subject: header at the top and a blank line
before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox