Re: [Bitcoin-development] Quote on BIP 16

2012-01-29 Thread Gregory Maxwell
On Sun, Jan 29, 2012 at 12:23 AM, Alan Reiner wrote: [snip] > But gmaxwell has expressed some compelling reasons why plain multi-sig > might be abused, which maybe suggests we don't want it ever considered > standard...?  I guess I'm not really promoting one thing or another, but Be careful not t

Re: [Bitcoin-development] Quote on BIP 16

2012-01-28 Thread Alan Reiner
t; > - Original Message - > From: Amir Taaki > To: > "bitcoin-development@lists.sourceforge.net" > Cc: > Sent: Sunday, January 29, 2012 4:52 AM > Subject: [Bitcoin-development] Quote on BIP 16 > > Gavin said: > "Part of the controversy is wheth

Re: [Bitcoin-development] Quote on BIP 16

2012-01-28 Thread Gregory Maxwell
On Sat, Jan 28, 2012 at 11:52 PM, Amir Taaki wrote: > How could you have a 70 byte long address without a P2SH scheme? Is this a > mistake? ... No it's not a mistake. P2SH _prevents_ needing long addresses. Lets unpack the acronym "pay to script _hash_". Hashes only need to be 128-256 bits i

Re: [Bitcoin-development] Quote on BIP 16

2012-01-28 Thread Luke-Jr
On Sunday, January 29, 2012 12:10:41 AM Amir Taaki wrote: > 2 compressed pubkeys 2 compressed pubkeys are 33 bytes each. Add 1 bytes for the N (n-of-m), 1 byte for the address version, and finally the 4 byte checksum, you get a total of 72 bytes. But these are *bytes* - to get an address, you al

Re: [Bitcoin-development] Quote on BIP 16

2012-01-28 Thread Amir Taaki
2 compressed pubkeys - Original Message - From: Amir Taaki To: "bitcoin-development@lists.sourceforge.net" Cc: Sent: Sunday, January 29, 2012 4:52 AM Subject: [Bitcoin-development] Quote on BIP 16 Gavin said: "Part of the controversy is whether really long bitcoin

[Bitcoin-development] Quote on BIP 16

2012-01-28 Thread Amir Taaki
Gavin said: "Part of the controversy is whether really long bitcoin addresses would work-- would it be OK if the new bitcoin addresses were really long and looked something like this:  57HrrfEw6ZgRS58dygiHhfN7vVhaPaBE7HrrfEw6ZgRS58dygiHhfN7vVhaPaBiTE7vVhaPaBE7Hr (or possibly even longer) I've a