Re: [bitcoin-dev] [BIP Proposal] Partially Signed Bitcoin Transaction (PSBT) format

2017-08-21 Thread Jochen Hoenicke via bitcoin-dev
On 21.08.2017 20:12, Greg Sanders via bitcoin-dev wrote: > To fix this I consulted with andytoshi and got something we think works > for both cases: > > 1) When a signing device receives a partially signed transaction, all > inputs must come with a ownership proof: > - For the input at address A,

Re: [bitcoin-dev] [BIP Proposal] Partially Signed Bitcoin Transaction (PSBT) format

2017-08-21 Thread Greg Sanders via bitcoin-dev
Some related thoughts and suggestion for an extension that kanzure suggested I post here: Hardware Wallet attacks by input ownership omission and fix -- So a while back I realized that to have HW wallets do safe automa

Re: [bitcoin-dev] UTXO growth scaling solution proposal

2017-08-21 Thread Erik Aronesty via bitcoin-dev
1. If it only affects "old dust" UTXO's where the # of coins in the UTXO aren't sufficient to pay some lower quantile of transaction fees, then there can be little argument of theft or loss. 2. There's another use-case for demurrage as well. Computation power may grow rapidly if quantum computing

Re: [bitcoin-dev] UTXO growth scaling solution proposal

2017-08-21 Thread Moral Agent via bitcoin-dev
A more forgiving option would be to have coins past a certain age evaporate into mining rewards at some rate, rather than all at once. People might find this approach easier to stomach as it avoids the "I waited 1 block to many and all of my coins vanished" scenario. Another approach would to dema

Re: [bitcoin-dev] UTXO growth scaling solution proposal

2017-08-21 Thread Thomas Guyot-Sionnest via bitcoin-dev
On 21/07/17 03:59 PM, Lucas Clemente Vella via bitcoin-dev wrote: > 2017-07-21 16:28 GMT-03:00 Major Kusanagi via bitcoin-dev > >: > > [...] But the fact is that if we want to make bitcoins last forever, > we have the accept unbounded UTXO gro