Hey all,
I had an idea for a new transaction type. The base idea is that it is
matching on script hashes much like pay to script hash, but checks for one
of N scripts.
A motivating case is for "permission groups". Let's say I want to have a
single "root user" script, a 2 of 3 group, and a 2 of 2 group able to spend
a utxo. This would allow for any one of these permission groups to spend.
Right now, this could be expressed multiple ways (ie, using an op_dup if
then else chain) , but all would incur additional costs in terms of
complicated control flows. Instead, I would propose:
OP_HASH160 [20-byte-hash-value 1]...[20-byte-hash-value N] OP_N
OP_MULTISCRIPTHASHVERIFY
could be spent with
...signatures... {serialized script}
And the alternative formulation: (more complex!)
OP_HASH160 OP_DUP [20-byte-hash-value 1]
OP_IF OP_EQUAL
OP_VERIFY OP_ELSE <OP_DUP [20-byte-hash-value 2] OP_IF......>
OP_ENDIF
Of course, the permission group example is just one use case, there could
be other interesting combinations as well
.
There is an implication in terms of increased utxo pool bloat, but also an
implication in terms of increased txn complexity (each 20 byte hash allows
for a 500 byte script, only one of the 500 byte scripts has to be
permanently stored on blockchain).
Looking forward to your feedback -- the idea is a bit preliminary, but I
think it could be exciting.
Best,
Jeremy
--
Jeremy Rubin
------------------------------------------------------------------------------
Want fast and easy access to all the code in your enterprise? Index and
search up to 200,000 lines of code with a free copy of Black Duck
Code Sight - the same software that powers the world's largest code
search on Ohloh, the Black Duck Open Hub! Try it now.
http://p.sf.net/sfu/bds
_______________________________________________
Bitcoin-development mailing list
Bitcoin-development@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/bitcoin-development