Re: [Bitcoin-development] Fee drop

2014-02-28 Thread Peter Todd
On Tue, Feb 25, 2014 at 10:09:23AM -0800, Jeremy Spilman wrote: If I understand correctly, the risk here is this would open a historically large discrepancy between MIN_RELAY and the expected minimum fee to actually obtain block inclusion. I don't know if that's true, but I think that's what

[Bitcoin-development] BIP70 extension to allow for identity delegation

2014-02-28 Thread Mike Hearn
Now we're starting to see the first companies deploy BIP70, we're encountering a need for identity delegation. This need was long foreseen by the way: it's not in BIP70 because, well, we had to draw the line for v1 somewhere, and this is an issue that mostly affects payment processors. But I

Re: [Bitcoin-development] On OP_RETURN in upcoming 0.9 release

2014-02-28 Thread Warren Togami Jr.
On Thu, Feb 27, 2014 at 7:25 PM, Troy Benjegerdes ho...@hozed.org wrote: Either the transaction fees are sufficient to pay the cost for whatever random junk anyone wants to put there, or they are not, and if they are not, then I suggest you re-think the fee structure rather than trying to

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-28 Thread Jorge Timón
On 2/28/14, Peter Todd p...@petertodd.org wrote: As usual, you don't need a hardfork. Anyway, one-sided trade is sufficient to get a functioning marketplace up and running and test out the many other issues with this stuff prior to forking anything. I'm totally FOR experimenting with this as

Re: [Bitcoin-development] On OP_RETURN in upcoming 0.9 release

2014-02-28 Thread Mark Friedenbach
-BEGIN PGP SIGNED MESSAGE- Hash: SHA1 Transaction fees are a DoS mitigating cost to the person making the transaction, but they are generally not paid to the people who actually incur costs in validating the blockchain. Actual transaction processing costs are an externality that is

Re: [Bitcoin-development] On OP_RETURN in upcoming 0.9 release

2014-02-28 Thread Justus Ranvier
On 02/28/2014 07:25 PM, Mark Friedenbach wrote: Transaction fees are a DoS mitigating cost to the person making the transaction, but they are generally not paid to the people who actually incur costs in validating the blockchain. Actual transaction processing costs are an externality that is

Re: [Bitcoin-development] On OP_RETURN in upcoming 0.9 release

2014-02-28 Thread Drak
On 28 February 2014 14:42, Warren Togami Jr. wtog...@gmail.com wrote: https://github.com/litecoin-project/litecoin/commit/db4d8e21d99551bef4c807aa1534a074e4b7964d In one way in particular, the transaction fees per kilobyte completely failed to account for the actual cost to the network. If

[Bitcoin-development] Positive and negative feedback on certificate validation errors

2014-02-28 Thread Jeremy Spilman
We currently have subtle positive feedback of a signed payment request in the form of the green background. Unsigned requests simply show up without the green background, as well as requests which provide a certificate but have a missing or invalid signature. There's a open bug (#3628) and

Re: [Bitcoin-development] Positive and negative feedback on certificate validation errors

2014-02-28 Thread Wladimir
On Sat, Mar 1, 2014 at 7:26 AM, Jeremy Spilman jer...@taplink.co wrote: There's a open bug (#3628) and pull request (#3684) to provide negative feedback (yellow background) for a missing or invalid signature, but it seems like there's some debate on whether bitcoind should do that... The

Re: [Bitcoin-development] Positive and negative feedback on certificate validation errors

2014-02-28 Thread Jeremy Spilman
On Fri, 28 Feb 2014 23:26:57 -0800, Wladimir laa...@gmail.com wrote:Such a thing would be interesting for a future BIP standard. I see one problem here: for an unsigned payment request there isn't really an "origin". Browser URI handlers don't send the referrer either.Yeah, good point. If you