Good morning all,
Thinking a little more, if the dust limit is intended to help keep UTXO sets
down, then on the LN side, this could be achieved as well by using channel
factories (including "one-shot" factories which do not allow changing the
topology of the subgraph inside the factory, but ha
> As developers, we have no
control over prevailing feerates, so this is a problem LN needs to deal
with regardless of Bitcoin Core's dust limit.
Right, as of today, we're going to trim-to-dust any commitment output of
which the value is inferior to the transaction owner's
`dust_limit_satoshis` p
with many thanks to NLnet, the EUR 50,000 grant to research and
develop Draft cryptographic primitives and instructions to the
newly-open Power ISA has been approved.
unlike RISC-V where full transparency and trust is problematic and
there are many participants whose interests may not necessarily
Good morning Billy, et al.,
> For sure, CT can be done with computational soundness. The advantage of
> unhidden amounts (as with current bitcoin) is that you get unconditional
> soundness.
My understanding is that it should be possible to have unconditional soundness
with the use of El-Gamal
For sure, CT can be done with computational soundness. The advantage of
unhidden amounts (as with current bitcoin) is that you get unconditional
soundness. My understanding is that there is a fundamental tradeoff between
unconditional soundness and unconditional privacy. I believe Monero has
taken
> By explicitly specifying the start and end block of an epoch, the user
has more flexibility in shifting the epoch
Ok I see. I think I understand your proposal better now. If the output is
spent within the range epochStart - epochEnd, the limit holds, if it is
spent outside that range the change
> 5) should we ever do confidential transactions we can't prevent it without
> compromising
privacy / allowed transfers
I wanted to mention the dubiousness of adding confidential transactions to
bitcoin. Because adding CT would eliminate the ability for users to audit
the supply of Bitcoin, I thi
