Hi Peter,

Thanks for the feedback! As you mentioned, this is a more general problem in 
Bitcoin and not specific to BIP352. Therefore, if expiration dates are indeed 
something we want, they should be proposed and discussed as their own BIP and 
be a standard that can work for xpubs, static payment codes, as well as 
existing and future address formats. If that were to happen, it would be easy 
enough to add this expiration standard to silent payments as a new silent 
payments address version.

That being said, I'm a bit skeptical in general of expiration dates and think 
that they weaken the value proposition of silent payments while not actually 
solving the problems you described. Consider the following scenarios:

1. Bob's wallet is compromised with a one-year expiry and for the next year, 
funds are sent to the attacker. The attacker may have the ability to update the 
expiration, and thus be able to keep receiving funds as Bob.
2. Bob loses his keys with a one-year expiry but finds them again 3 years 
later. The expiration causes Bob to miss out on 2 years worth of potential 
payments.
3. Bob dies with a one-year expiry but an heir inherits his backups several 
years down the road. The expiration date causes the heir to miss out on several 
years worth of potential payments.
4. Bob is prevented from updating his address for several years but retains 
access to his keys/backups. The expiration date causes Bob to miss out on 
several years worth of potential payments.
5. Bob regularly updates his address with a new expiry, but not all senders are 
able to find the new, updated address causing Bob to miss out on potential 
payments.
6. By updating his address, Bob is leaking metadata about himself, potentially 
compromising his safety.

You could argue that none of the scenarios above would be an issue if Bob just 
sets a very long expiry, but then the expiry doesn't really help in solving the 
issues you mentioned. What we really want is a way for Bob to revoke his silent 
payment address. For this, I think building a wallet protocol on top of silent 
payments is a better path to explore. Additionally, expiration dates as 
proposed degrade the privacy of silent payments: any outside observer can 
conclude that all transactions mined at block height N or greater were not 
payments to any silent payment address with an expiry less than N. As I 
mentioned already, there may also be privacy and safety concerns with the user 
needing to regularly update their silent payment address expiration date.

Lastly, on the subject of expiration dates in general, your proposed solution 
is not enforceable: any wallet can just ignore the extra bytes and send to the 
address/xpub/static payment code, anyways. For expiration dates to be useful, 
I'd argue they need to be enforced by consensus (which I am not convinced is a 
good idea).

In summary, expiration dates are a separate problem, outside the scope of what 
BIP352 is trying to address. If we can work toward a more general solution, 
there is nothing preventing us from adding this to a future silent payments 
version, but even then, I'm still not convinced expiration dates for static 
payment codes is a good idea, for the reasons I mentioned above.

Cheers,
Josie


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------- Original Message -------
On Friday, August 4th, 2023 at 7:39 PM, Peter Todd via bitcoin-dev 
<bitcoin-dev@lists.linuxfoundation.org> wrote:


> tl;dr: Wallets don't last forever. They are often compromised or lost. When
> this happens, the addresses generated from those wallets become a form of 
> toxic
> data: funds sent to those addresses can be easily lost forever.
> 

> All Bitcoin addresses have this problem. But at least existing Bitcoin
> addresses aren't supposed to be reused. Silent Payments are: the whole point 
> is
> to have a single address that you can safely pay to multiple times, without
> privacy concerns. Failing to make Silent Payment addresses eventually expire 
> in
> a reasonable amount of time is thus a particularly harmful mistake.
> 

> Fixing this is easy: add a 3 byte field to silent payments addresses, encoding
> the expiration date in terms of days after some epoch. 2^24 days is 45,000
> years, more than enough. Indeed, 2 bytes is probably fine too: 2^16 days is 
> 180
> years. We'll be lucky if Bitcoin still exists in 180 years.
> 

> Wallets should pick a reasonable default, eg 1 year, for newly created
> addresses. Attempts to pay an expired address should just fail with a simple
> "address expired". Lightning invoices are a good example here: while invoices
> does not require expiration from a technical point of view, they do expire for
> similar UX reasons as applies to silent payments.
> 

> --
> https://petertodd.org 'peter'[:-1]@petertodd.org
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

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