Re: [Bitcoin-development] Multisign payment protocol?

2014-03-12 Thread Mike Hearn

 Can this be calculated in advance knowing the initial transaction size and
 the number of signatures required?


Sure of course. You assume each signature to be placed in the tx is 73
bytes. Not very hard, but if the tx you get back from the API doesn't
contain such a 73-byte sentinel value then it's harder to be sure that this
part was done correctly.
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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-12 Thread Peter Todd
On Wed, Mar 12, 2014 at 05:14:25PM +0100, Mike Hearn wrote:
 
  Can this be calculated in advance knowing the initial transaction size and
  the number of signatures required?
 
 
 Sure of course. You assume each signature to be placed in the tx is 73
 bytes. Not very hard, but if the tx you get back from the API doesn't
 contain such a 73-byte sentinel value then it's harder to be sure that this
 part was done correctly.

Multisig signing is an example of untrusted input from an adversary;
this is a good example where you'd be better off just handling it
correctly rather than trying to make it easier. (although handling it
correctly may include internally converting every not-yet-signed dummy
signature into a 73 bytes pushdata prior to calculating the size)

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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-12 Thread Jeff Garzik
On Wed, Mar 12, 2014 at 12:02 PM, Mike Hearn m...@plan99.net wrote:
 This is what bitcoind produces and expects by default, for a partially
 signed transaction.

 What happens if the act of filling out the signature pushes the transaction
 into a higher fee level?

Partially signed and multisig transactions within bitcoind go through
the raw transaction API, which does absolutely nothing if the sig
pushes the TX to a higher fee level.

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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-12 Thread Jeff Garzik
On Wed, Mar 12, 2014 at 12:41 PM, Mike Hearn m...@plan99.net wrote:
 Partially signed and multisig transactions within bitcoind go through
 the raw transaction API, which does absolutely nothing if the sig
 pushes the TX to a higher fee level.


 Well, we'll have to make sure this is carefully and loudly documented in the
 new developer part of the website that's being worked on. Because this seems
 like a recipe for people writing flaky apps. In practice it would seem like
 you need to implement the fee loop in your own app:

It's the raw transaction API.  If you break something, you get to keep
both pieces.

On a related note, sipa has proposed a more useful raw transaction API
call, that figures out fees, change and other details:
https://github.com/bitcoin/bitcoin/issues/3794

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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Drak
Gavin,

You have pretty much nailed my intent in both respects. This sets up a way
to negotiate the address and abstract away the nasty details of finding
public keys from bitcoin addresses, and provides a nice clean way for
redemption abstracting away the long strings of hex.

For redemption, I think as each party signs the tx if the script returns
true, it would be acceptable to just go right ahead and broadcast it, or
maybe as you suggest all signatures go back to the initiating party and
they do the final work.

I very much like the idea of assuming each party uses HD wallets, that
certainly simplifies things greatly. I also like the use of email addresses
as a negotiation medium, but I also wonder if this could be made agnostic
in any BIP proposal so it could work with other communication mediums like
bitmessage for example (just forward thinking anonymity a little).

I definitely think there is a need for a protocol because multisig,
regardless of the application has two technically involved steps:
negotiation of an address, and redemption of any subsequently encumbered
funds. A protocol would enable different wallet implementations to
participate in such a transaction and make wide-spread use much more likely
and possible.

Drak


On 11 March 2014 01:15, Gavin Andresen gavinandre...@gmail.com wrote:

 Multisig is orthogonal to the payment protocol (but payment protocol is
 needed first).

 There need to be protocols for:

 a) Establishing multisig wallets of various sorts. See:
   https://moqups.com/gavinandresen/no8mzUDB/
   https://moqups.com/gavinandresen/no8mzUDB/p:ab18547e0
 ... etc.  for a UI mock-up.
   There needs to be some protocol so all participants in a multisig wallet
 contribute keys (actually, we should just assume everybody uses BIP32 HD
 public keys so we get privacy from the start).

 Multi-person shared wallets, escrows, and wallet protection service
 wallets (which might be protected with two-factor authentication) are
 different use cases and probably use slightly different protocols (and will
 probably need different BIPs eventually).


 b) Gathering signatures for a multisig spend. Here is where the payment
 protocol is useful; the PaymentRequest message should be passed around so
 all participants know what is being paid for, and maybe a partially-signed
 Payment message is where the signatures are gathered (or maybe the
 signatures are sent separately and one of the participants creates and
 submits the Payment and gets the PaymentACK... to be designed).
   See:
 https://moqups.com/gavinandresen/no8mzUDB/p:a7e81be96
 https://moqups.com/gavinandresen/no8mzUDB/p:af7339204
 ... for UI mock-up for the multi-person-spend case.

 And maybe a protocol for I don't want to be part of this multisig any
 more / I lost control of my private key don't trust me in this multisig any
 more.



 On Mon, Mar 10, 2014 at 8:14 PM, Jeff Garzik jgar...@bitpay.com wrote:

 All of that only melds with the payment protocol under an extremely
 expansive definition of payment.  The payment protocol is really
 geared towards a direct one-to-one relationship





 --
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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Jeff Garzik
On Tue, Mar 11, 2014 at 7:43 AM, Drak d...@zikula.org wrote:
 I very much like the idea of assuming each party uses HD wallets, that
 certainly simplifies things greatly.

It also assumes a reality different from our current one.

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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Gavin Andresen
On Tue, Mar 11, 2014 at 8:38 AM, Jeff Garzik jgar...@bitpay.com wrote:

 On Tue, Mar 11, 2014 at 7:43 AM, Drak d...@zikula.org wrote:
  I very much like the idea of assuming each party uses HD wallets, that
  certainly simplifies things greatly.

 It also assumes a reality different from our current one.


Multisig wallets are a different reality from our current one, so when we
move to that new reality we should do it correctly from the beginning.

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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Jeff Garzik
Sure, but I don't see wallets being able to _assume_ _remote_ parties
have an HD wallet for a long, long time.  Interoperability common
sense implies the environment will be heterogenous, perhaps forever,
invalidating assume-each-party-uses-HD logic.

On Tue, Mar 11, 2014 at 9:51 AM, Gavin Andresen gavinandre...@gmail.com wrote:
 On Tue, Mar 11, 2014 at 8:38 AM, Jeff Garzik jgar...@bitpay.com wrote:

 On Tue, Mar 11, 2014 at 7:43 AM, Drak d...@zikula.org wrote:
  I very much like the idea of assuming each party uses HD wallets, that
  certainly simplifies things greatly.

 It also assumes a reality different from our current one.


 Multisig wallets are a different reality from our current one, so when we
 move to that new reality we should do it correctly from the beginning.

 --
 --
 Gavin Andrese



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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Gavin Andresen
On Tue, Mar 11, 2014 at 10:13 AM, Jeff Garzik jgar...@bitpay.com wrote:

 Sure, but I don't see wallets being able to _assume_ _remote_ parties
 have an HD wallet for a long, long time.  Interoperability common
 sense implies the environment will be heterogenous, perhaps forever,
 invalidating assume-each-party-uses-HD logic.


If the remote party is one of the parties involved in a multisig, and
speaks the Lets set up a multisig wallet together / Lets spend from a
multisig protocols, then it should be perfectly reasonable to assume that
they're HD-capable.

Remote parties paying into a multisig, or receiving funds from a multisig,
don't have to support it (that's what P2SH gives us).

-- 
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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Jeff Garzik
On Tue, Mar 11, 2014 at 10:23 AM, Gavin Andresen
gavinandre...@gmail.com wrote:
 If the remote party is one of the parties involved in a multisig, and speaks
 the Lets set up a multisig wallet together / Lets spend from a multisig
 protocols, then it should be perfectly reasonable to assume that they're
 HD-capable.

Disagree.  It is an unnecessary restriction.  People are already
writing and starting to deploy multisig wallets in the field, that do
not match this assumption.

In general, HD is really cool, but even the barest amount of
infrastructure is lacking.  Popular libraries and the reference client
all lack support.  Building a protocol that assumes HD is optimistic
at this stage.

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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Jeff Garzik
(#include rant.h)

Right now, HD is hot air.  Let us end the pie-in-the-sky assumptions
about how HD will save the day, with zero code to back it up.  Bitcoin
Wallet purportedly fails to rotate addresses, a privacy ugly, because
of this Waiting For Godot situation.  An attempt to add a simple,
stateless RPC stalled because we are all Waiting For Godot, also:
https://github.com/bitcoin/bitcoin/pull/3520

Until the major user wallets and bitcoind have -basic- HD support, it
is premature to build anything on top of HD.  We really have no clue
at this juncture how difficult will be the HD rollout.

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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Gary Rowe
Speaking from the MultiBit perspective, all future protocol development
(with the exception of critical security and network compatibility fixes)
will be put into a HD wallet. Over time we want to see MultiBit Classic
gracefully retire and be fully superseded.

Right now, HD is not out there but there is a lot of work going on between
wallet developers to harmonise on HD implementation through BIP32/39. The
result of that work should see a significant migration away from random
private keys.

Thus it would appear likely that by the time this protocol sees widespread
use the presence of HD is likely to be rising fast or possibly dominant.

At MultiBit we anticipate a release of HD code within 2 months, with
private beta occurring within weeks. Trezor and Electrum may be earlier
than this. As far as I am aware both Hive and Haskoin are committed to HD.

If anyone wants early access to the alpha code, let me know and I'll make
the arrangements.


On 11 March 2014 14:44, Jeff Garzik jgar...@bitpay.com wrote:

 (#include rant.h)

 Right now, HD is hot air.  Let us end the pie-in-the-sky assumptions
 about how HD will save the day, with zero code to back it up.  Bitcoin
 Wallet purportedly fails to rotate addresses, a privacy ugly, because
 of this Waiting For Godot situation.  An attempt to add a simple,
 stateless RPC stalled because we are all Waiting For Godot, also:
 https://github.com/bitcoin/bitcoin/pull/3520

 Until the major user wallets and bitcoind have -basic- HD support, it
 is premature to build anything on top of HD.  We really have no clue
 at this juncture how difficult will be the HD rollout.

 --
 Jeff Garzik
 Bitcoin core developer and open source evangelist
 BitPay, Inc.  https://bitpay.com/


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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Mike Hearn
You can follow HDW progress in bitcoinj on this branch:

  https://github.com/bitcoinj/bitcoinj/commits/keychain

I've been working on it for a couple of months now. Electrum (Thomas V) is
also making good progress, and Trezor already uses HD wallets. I think most
popular end user wallets except blockchain.info and Bitcoin Core will
support HDW soon enough.

At any rate, as Gavin said already, the best way to make a feature you want
happen is just to write it. Devrandom is already working on a watchdog
service, as is another group (TrustedCoin), and that's an obvious use for
multisig/p2sh. They have API's already, it's just a case of standardising
them once we get more experience.




On Tue, Mar 11, 2014 at 3:53 PM, Gary Rowe g.r...@froot.co.uk wrote:

 Speaking from the MultiBit perspective, all future protocol development
 (with the exception of critical security and network compatibility fixes)
 will be put into a HD wallet. Over time we want to see MultiBit Classic
 gracefully retire and be fully superseded.

 Right now, HD is not out there but there is a lot of work going on between
 wallet developers to harmonise on HD implementation through BIP32/39. The
 result of that work should see a significant migration away from random
 private keys.

 Thus it would appear likely that by the time this protocol sees widespread
 use the presence of HD is likely to be rising fast or possibly dominant.

 At MultiBit we anticipate a release of HD code within 2 months, with
 private beta occurring within weeks. Trezor and Electrum may be earlier
 than this. As far as I am aware both Hive and Haskoin are committed to HD.

 If anyone wants early access to the alpha code, let me know and I'll make
 the arrangements.


 On 11 March 2014 14:44, Jeff Garzik jgar...@bitpay.com wrote:

 (#include rant.h)

 Right now, HD is hot air.  Let us end the pie-in-the-sky assumptions
 about how HD will save the day, with zero code to back it up.  Bitcoin
 Wallet purportedly fails to rotate addresses, a privacy ugly, because
 of this Waiting For Godot situation.  An attempt to add a simple,
 stateless RPC stalled because we are all Waiting For Godot, also:
 https://github.com/bitcoin/bitcoin/pull/3520

 Until the major user wallets and bitcoind have -basic- HD support, it
 is premature to build anything on top of HD.  We really have no clue
 at this juncture how difficult will be the HD rollout.

 --
 Jeff Garzik
 Bitcoin core developer and open source evangelist
 BitPay, Inc.  https://bitpay.com/


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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Thomas Voegtlin

 Trezor and Electrum may be earlier than this.

Sorry for not joining the discussion earlier.

I have postponed the release of bip32 features in Electrum due to 
ongoing discussions with Trezor and bitcoinj developers.
I planned to post a summary in a separate thread, but this info is also 
relevant for this thread, so I'm posting here.
(sorry if this is a bit offtopic, though)

I plan to create a 2-factor authentication service that uses p2sh 
addresses in Electrum.
All addresses are derived from the wallet root seed, and should be 
recoverable from it.
(of course this departs from scenarios where master keys are generated 
independently;
my opinion is that both should be possible)

So, when the user activates 2fa protection, the root private key is 
deleted from their hard drive, as well as the
master private key of one of the branches used to create p2sh addresses 
(which is sent to a remote server).

See this (fairly old) description here for more details: 
https://bitcointalk.org/index.php?topic=274182.0

Since I still want to be able to generate 1of1 accounts after the 2fa 
protection is activated,
1of 1 accounts should not be generated directly from the root of the tree.
Thus, an extra level must be inserted in the tree.

For example, 1of1 addresses can be derived as follows:

m/reserved'/n'

where n is the account index, and reserved is an index that indicates 
the type of address.
(0 would be reserved for 1of1 addresses)

slush suggested that another layer of derivation would be useful, in 
order to use wallets
with altcoins on the same seed. This lead to this type of derivation:

m/coin'/reserved'/n'

where coin would be 0 for Bitcoin, and reserved would be 0 for 1of1 
addresses

Thomas


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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Miron
On Tue, 2014-03-11 at 16:18 +0100, Mike Hearn wrote:
 You can follow HDW progress in bitcoinj on this branch:
 
 
   https://github.com/bitcoinj/bitcoinj/commits/keychain
 

 I've been working on it for a couple of months now. Electrum (Thomas
 V) is also making good progress, and Trezor already uses HD wallets. I
 think most popular end user wallets except blockchain.info and Bitcoin
 Core will support HDW soon enough.

Interestingly, Blockchain's android wallet is based on Android Wallet /
bitcoinj.  So with HD in bitcoinj we would get Multibit, Android Wallet
(Andreas Schildbach's) and remove one roadblock to Blockchain going HD.
Electrum HD seems more or less ready.  So I'm optimistic that we'll see
a pretty fast transition to HD for the majority of the user base.

HD is important for some multisig flows, including the watchdog type
where you want to detect change going back to the wallet.

 
 At any rate, as Gavin said already, the best way to make a feature you
 want happen is just to write it. Devrandom is already working on a
 watchdog service, as is another group (TrustedCoin), and that's an
 obvious use for multisig/p2sh. They have API's already, it's just a
 case of standardising them once we get more experience.

We have a proposed flow for watchdog type multisig
here:

https://cryptocorp.co/technology.htm

and a reference implementation off the Electrum 2.0 branch.

It actually works just like a regular spend from a UX point of view,
unless the watchdog decides that it needs a second factor for a risky
transaction.  With a risky transaction, the user just gets a
callback or enters an OTP.

-- 
Miron



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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Odinn Cyberguerrilla
Hello,

I wanted to just add a very brief note to this discussion, that presently
for multisignature creation and management (new transaction etc) I've been
using this: https://coinb.in/multisig/

There were some initial bumps in the road but they were worked out,

see full thread more or less beginning from here:

https://bitcointalk.org/index.php?topic=390046.msg4687868#msg4687868

Curious as to what wallets actually support multisig / P2SH at this point?
Unsure.  Am assuming more than previously.



 On Tue, Mar 11, 2014 at 8:38 AM, Jeff Garzik jgar...@bitpay.com wrote:

 On Tue, Mar 11, 2014 at 7:43 AM, Drak d...@zikula.org wrote:
  I very much like the idea of assuming each party uses HD wallets, that
  certainly simplifies things greatly.

 It also assumes a reality different from our current one.


 Multisig wallets are a different reality from our current one, so when we
 move to that new reality we should do it correctly from the beginning.

 --
 --
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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Peter Todd
On Tue, Mar 11, 2014 at 10:13:48AM -0400, Jeff Garzik wrote:
 Sure, but I don't see wallets being able to _assume_ _remote_ parties
 have an HD wallet for a long, long time.  Interoperability common
 sense implies the environment will be heterogenous, perhaps forever,
 invalidating assume-each-party-uses-HD logic.

Maybe never: you can implement a wallet that uses stealth addresses for
change, and doing appears to be advantageous in some scenarious with
regard to privacy.

-- 
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00a636d318d7384d2891c788af10e50b8d1e27b64df847f9117b


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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Jean-Pierre Rupp
Hello people,

We are working on some of this stuff. We had some very early draft on
how we envisioned multisig happening. It is all implemented in Haskoin
available as multiple repositories in Github. I am happy to see this
gathering momentum.

Our multisig system uses BIP-0032 HD wallets, and there will soon be
BIP-0039 support for keys compatibility.

Our wallet uses synced trees rooted at the extended pubkeys of the
participants. Currently we are sorting public keys in the scripts to
avoid ambiguity.

Download haskoin-wallet:

cabal install haskoin-wallet

Check out the hw command (installed in ~/.cabal/bin/hw). Use importtx to
bring transactions into the wallet. You must initialize first with a
seed and create an account. It supports both regular and multisig accounts.

Perhaps this can lead to interesting discussions on key exchange, and
the appropriate handling of wallet metadata. I’d love to work on a
proper standard that could lead us to compatible implementations.

This document explains how we do it now:

http://haskoin.com/~xeno/hd-multisig-wallet.html

Cheers!

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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Alan Reiner
I might as well throw in a word about Armory.  After our next release in
a couple weeks, we will be going full-speed at new wallets and BIP32
integration.  Just like Jean-Pierre mentioned, we'll be using parallel
trees to generate P2SH addresses after sorting the keys
lexicographically.  We plan to introduce the concept of a wallet
bundle (that name is far from concrete... I'd love a better word). 
All wallets in a bundle are protected by the same backup, and stored in
the same file.  The default behavior will be use new branches in the
same BIP32 tree when a user creates a new wallet, though we will allow
multiple bundles in advanced and expert usermode (which is needed to
have watching-only wallets from a different seed created from an offline
computer).

However, we do plan to allow separate parties to create
multisig-intended wallets with public parts that can be exported and
combined with other users.  We feel this is critical, as it allows for
linked wallets in which there was never a single-point of failure from
key-generation to signing.  This is especially important for contexts
where employees may be handling a company's Bitcoins wallets.

On this topic, I have gotten a lot of inquiries into BIP 38 and 39.  I
was not clear whether those BIPs were worth prioritizing ... i.e. is
there a general consensus from a variety of wallet developers that they
should be supported?  Rather, I'm happy to start prioritizing them if
others do too, but I haven't spent much time trying to understand them
to even know if they're mature, yet.

-Alan


On 03/11/2014 08:29 PM, Jean-Pierre Rupp wrote:
 Hello people,

 We are working on some of this stuff. We had some very early draft on
 how we envisioned multisig happening. It is all implemented in Haskoin
 available as multiple repositories in Github. I am happy to see this
 gathering momentum.

 Our multisig system uses BIP-0032 HD wallets, and there will soon be
 BIP-0039 support for keys compatibility.

 Our wallet uses synced trees rooted at the extended pubkeys of the
 participants. Currently we are sorting public keys in the scripts to
 avoid ambiguity.

 Download haskoin-wallet:

 cabal install haskoin-wallet

 Check out the hw command (installed in ~/.cabal/bin/hw). Use importtx to
 bring transactions into the wallet. You must initialize first with a
 seed and create an account. It supports both regular and multisig accounts.

 Perhaps this can lead to interesting discussions on key exchange, and
 the appropriate handling of wallet metadata. I?d love to work on a
 proper standard that could lead us to compatible implementations.

 This document explains how we do it now:

 http://haskoin.com/~xeno/hd-multisig-wallet.html

 Cheers!



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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-11 Thread Eric Lombrozo
Ciphrex CoinVault (https://ciphrex.com) is currently using parallel trees with 
lexicographic sorting of keys.

CoinVault is also using a partially signed transaction format whereby 0-length 
placeholders are used for missing signatures in the transaction scripts. Once 
all the required signatures to satisfy the policy are present, the remaining 
zero-length placeholders are removed so the transaction can be broadcast to the 
network. These partially signed transactions can be shared with other parties 
to an account or other signing devices for the purpose of requesting additional 
signatures.

-Eric


On Mar 11, 2014, at 7:35 PM, Alan Reiner etothe...@gmail.com wrote:

 I might as well throw in a word about Armory.  After our next release in a 
 couple weeks, we will be going full-speed at new wallets and BIP32 
 integration.  Just like Jean-Pierre mentioned, we'll be using parallel trees 
 to generate P2SH addresses after sorting the keys lexicographically.  We plan 
 to introduce the concept of a wallet bundle (that name is far from 
 concrete... I'd love a better word).  All wallets in a bundle are protected 
 by the same backup, and stored in the same file.  The default behavior will 
 be use new branches in the same BIP32 tree when a user creates a new 
 wallet, though we will allow multiple bundles in advanced and expert 
 usermode (which is needed to have watching-only wallets from a different seed 
 created from an offline computer).
 
 However, we do plan to allow separate parties to create multisig-intended 
 wallets with public parts that can be exported and combined with other users. 
  We feel this is critical, as it allows for linked wallets in which there was 
 never a single-point of failure from key-generation to signing.  This is 
 especially important for contexts where employees may be handling a company's 
 Bitcoins wallets.
 
 On this topic, I have gotten a lot of inquiries into BIP 38 and 39.  I was 
 not clear whether those BIPs were worth prioritizing ... i.e. is there a 
 general consensus from a variety of wallet developers that they should be 
 supported?  Rather, I'm happy to start prioritizing them if others do too, 
 but I haven't spent much time trying to understand them to even know if 
 they're mature, yet.
 
 -Alan
 
 
 On 03/11/2014 08:29 PM, Jean-Pierre Rupp wrote:
 Hello people,
 
 We are working on some of this stuff. We had some very early draft on
 how we envisioned multisig happening. It is all implemented in Haskoin
 available as multiple repositories in Github. I am happy to see this
 gathering momentum.
 
 Our multisig system uses BIP-0032 HD wallets, and there will soon be
 BIP-0039 support for keys compatibility.
 
 Our wallet uses synced trees rooted at the extended pubkeys of the
 participants. Currently we are sorting public keys in the scripts to
 avoid ambiguity.
 
 Download haskoin-wallet:
 
 cabal install haskoin-wallet
 
 Check out the hw command (installed in ~/.cabal/bin/hw). Use importtx to
 bring transactions into the wallet. You must initialize first with a
 seed and create an account. It supports both regular and multisig accounts.
 
 Perhaps this can lead to interesting discussions on key exchange, and
 the appropriate handling of wallet metadata. I’d love to work on a
 proper standard that could lead us to compatible implementations.
 
 This document explains how we do it now:
 
 http://haskoin.com/~xeno/hd-multisig-wallet.html
 
 Cheers!
 
 
 
 --
 Learn Graph Databases - Download FREE O'Reilly Book
 Graph Databases is the definitive new guide to graph databases and their
 applications. Written by three acclaimed leaders in the field,
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[Bitcoin-development] Multisign payment protocol?

2014-03-10 Thread Drak
I was wondering if there would be merit in a kind of BIP for a payment
protocol using multisig?

Currently, setting up a multisig is quite a feat. Users have to exchange
public keys, work out how to get the public keys from their addresses. If
one of the parties are not savvy enough, an malicious party could easily be
setup that was 2 of 3 instead of 2 of 2 where the malicious party generates
the multisig address+script and thus be able to run off with funds anyway.

It's also terribly complex to generate and keep track of. There's been a
nice attempt at creating an browser interface at coinb.in/multisig but it
still lacks the kind of ease with created by the payment protocol. If there
was a BIP then it would go a long way to aiding future usability of
multisig wallet implementations.

What are your thoughts?

Drak
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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-10 Thread Gavin Andresen
In my experience, best process for standardizing something is:

1) Somebody has a great idea
2) They implement it
3) Everybody agrees, Great idea! and they copy it.
4) Idea gets refined by the people copying it.
5) It gets standardized.

Mutisig wallets are at step 2 right now. BIP is step 5, in my humble
opinion...




On Mon, Mar 10, 2014 at 1:39 PM, Drak d...@zikula.org wrote:

 I was wondering if there would be merit in a kind of BIP for a payment
 protocol using multisig?

 Currently, setting up a multisig is quite a feat. Users have to exchange
 public keys, work out how to get the public keys from their addresses. If
 one of the parties are not savvy enough, an malicious party could easily be
 setup that was 2 of 3 instead of 2 of 2 where the malicious party generates
 the multisig address+script and thus be able to run off with funds anyway.

 It's also terribly complex to generate and keep track of. There's been a
 nice attempt at creating an browser interface at coinb.in/multisig but it
 still lacks the kind of ease with created by the payment protocol. If there
 was a BIP then it would go a long way to aiding future usability of
 multisig wallet implementations.

 What are your thoughts?

 Drak


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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-10 Thread Mike Hearn
No, this doesn't make any sense. Multisig outputs are a tool you use to
build helpful features, not a feature in and of themselves.

By all means create a nice protocol, implementation and BIP for something
like:

- Creation of multi-user money pools for managing an organisations funds
- Dispute mediated transactions
- Watchdog services that provide a third party risk analysis of transactions
- Micropayment channels (actually me and Matt already did this, sans BIP)

but trying to do just multisig won't work well.
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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-10 Thread Jeff Garzik
Payment protocol currently supports payments to multi-sig addresses.

In general, almost all wallet software sucks RE multisig.  Just try
any of these actions in Bitcoin-Qt or another wallet:
* obtain a public key you control, given a bitcoin address
* easily share public keys
* easily share partially signed transactions
* build a P2SH multisig address from public keys, reliably.  Right
now, participants have no idea about pubkey order, leading various N
possible P2SH addresses, given a list of public keys.  Reproducing the
P2SH address is harder than it should be.
* track partially controlled balance (balance of coins of which you
may sign at least 1 of N)
* support for remote oracles and services that provide 1-of-N signatures
etc.




On Mon, Mar 10, 2014 at 1:39 PM, Drak d...@zikula.org wrote:
 I was wondering if there would be merit in a kind of BIP for a payment
 protocol using multisig?

 Currently, setting up a multisig is quite a feat. Users have to exchange
 public keys, work out how to get the public keys from their addresses. If
 one of the parties are not savvy enough, an malicious party could easily be
 setup that was 2 of 3 instead of 2 of 2 where the malicious party generates
 the multisig address+script and thus be able to run off with funds anyway.

 It's also terribly complex to generate and keep track of. There's been a
 nice attempt at creating an browser interface at coinb.in/multisig but it
 still lacks the kind of ease with created by the payment protocol. If there
 was a BIP then it would go a long way to aiding future usability of multisig
 wallet implementations.

 What are your thoughts?

 Drak

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Bitcoin core developer and open source evangelist
BitPay, Inc.  https://bitpay.com/

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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-10 Thread Alan Reiner
As far as I'm concerned, the way forward is to scrap BIP 10 and build up
something new that is flexible and extensible.  Also, my understanding
is that there may be room in the payment protocol for this stuff though
I'm not sure if it is really adapted well to all the steps: exchanging
public keys, creating multi-sig/P2SH addresses, proposing multi-sig
spends, bundling meta-data needed for lite/offline nodes, aggregating
signatures, and any other details.

When I start multisig integration into Armory (very soon!) I'll write a
list of requirements for the new format/process and post it here for a
wider discussion.  Certainly, if the payment protocol can already handle
all this, that would be awesome.

-Alan


On 03/10/2014 08:04 PM, kjj wrote:
 I was trying to use bip10 for multisig and coinjoin, but there was a
 problem with it.  I'll have to look back at my notes, but I thought I
 sent you a message about it.  And then real life swallowed my bitcoin
 time...

 I think the bottom line was that it would be useful in the generic
 case with just one minor change.  If there is interest, and it sounds
 like there just may be, I can dust off my notes and see where I left
 it.  Probably should do it soon before someone implements it in PB or XML.

 Alan Reiner wrote:
 Then of course I tried to do this with BIP 10 
 https://github.com/bitcoin/bips/blob/master/bip-0010.mediawiki when
 Armory implemented offline-transactions two years ago.  I got some
 positive feedback, but no one wanted to help improve it, etc.  I
 guess nobody else was doing it and/or cared at the time.  So I
 continue to use BIP 10 even though it's pretty crappy.  I wanted it
 to be useful for multisig, too, but it has some deficiencies there
 (it was done when Armory was extremely young and OP_EVAL was still on
 the table).

 However, with all this activity, we should start thinking about that
 and discussing it.  Otherwise, I'll just do my own thing again and
 probably end up with something that fits my own needs, but not anyone
 else's.  Really though, multisig shouldn't require all the same app
 to work.

 -Alan


 On 03/10/2014 01:49 PM, Gavin Andresen wrote:
 In my experience, best process for standardizing something is:

 1) Somebody has a great idea
 2) They implement it
 3) Everybody agrees, Great idea! and they copy it.
 4) Idea gets refined by the people copying it.
 5) It gets standardized.

 Mutisig wallets are at step 2 right now. BIP is step 5, in my humble
 opinion...




 On Mon, Mar 10, 2014 at 1:39 PM, Drak d...@zikula.org
 mailto:d...@zikula.org wrote:

 I was wondering if there would be merit in a kind of BIP for a
 payment protocol using multisig?

 Currently, setting up a multisig is quite a feat. Users have to
 exchange public keys, work out how to get the public keys from
 their addresses. If one of the parties are not savvy enough, an
 malicious party could easily be setup that was 2 of 3 instead of
 2 of 2 where the malicious party generates the multisig
 address+script and thus be able to run off with funds anyway.

 It's also terribly complex to generate and keep track of.
 There's been a nice attempt at creating an browser interface at
 coinb.in/multisig http://coinb.in/multisig but it still lacks
 the kind of ease with created by the payment protocol. If there
 was a BIP then it would go a long way to aiding future usability
 of multisig wallet implementations.

 What are your thoughts?

 Drak

 
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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-10 Thread Jeff Garzik
All of that only melds with the payment protocol under an extremely
expansive definition of payment.  The payment protocol is really
geared towards a direct one-to-one relationship.

We can make the payment protocol do all this, if you squeeze and push
and try reall hard; it is mainly a question of protocol design and
intended usage:  is PP intended to be, ultimately, an expansive,
universal protocol for gossiping with other parties about bitcoin
transactions in a not-flood-fill manner?




On Mon, Mar 10, 2014 at 8:09 PM, Alan Reiner etothe...@gmail.com wrote:
 As far as I'm concerned, the way forward is to scrap BIP 10 and build up
 something new that is flexible and extensible.  Also, my understanding is
 that there may be room in the payment protocol for this stuff though I'm not
 sure if it is really adapted well to all the steps: exchanging public keys,
 creating multi-sig/P2SH addresses, proposing multi-sig spends, bundling
 meta-data needed for lite/offline nodes, aggregating signatures, and any
 other details.

 When I start multisig integration into Armory (very soon!) I'll write a list
 of requirements for the new format/process and post it here for a wider
 discussion.  Certainly, if the payment protocol can already handle all this,
 that would be awesome.

 -Alan


 On 03/10/2014 08:04 PM, kjj wrote:

 I was trying to use bip10 for multisig and coinjoin, but there was a problem
 with it.  I'll have to look back at my notes, but I thought I sent you a
 message about it.  And then real life swallowed my bitcoin time...

 I think the bottom line was that it would be useful in the generic case with
 just one minor change.  If there is interest, and it sounds like there just
 may be, I can dust off my notes and see where I left it.  Probably should do
 it soon before someone implements it in PB or XML.

 Alan Reiner wrote:

 Then of course I tried to do this with BIP 10  when Armory implemented
 offline-transactions two years ago.  I got some positive feedback, but no
 one wanted to help improve it, etc.  I guess nobody else was doing it and/or
 cared at the time.  So I continue to use BIP 10 even though it's pretty
 crappy.  I wanted it to be useful for multisig, too, but it has some
 deficiencies there (it was done when Armory was extremely young and OP_EVAL
 was still on the table).

 However, with all this activity, we should start thinking about that and
 discussing it.  Otherwise, I'll just do my own thing again and probably end
 up with something that fits my own needs, but not anyone else's.  Really
 though, multisig shouldn't require all the same app to work.

 -Alan


 On 03/10/2014 01:49 PM, Gavin Andresen wrote:

 In my experience, best process for standardizing something is:

 1) Somebody has a great idea
 2) They implement it
 3) Everybody agrees, Great idea! and they copy it.
 4) Idea gets refined by the people copying it.
 5) It gets standardized.

 Mutisig wallets are at step 2 right now. BIP is step 5, in my humble
 opinion...




 On Mon, Mar 10, 2014 at 1:39 PM, Drak d...@zikula.org wrote:

 I was wondering if there would be merit in a kind of BIP for a payment
 protocol using multisig?

 Currently, setting up a multisig is quite a feat. Users have to exchange
 public keys, work out how to get the public keys from their addresses. If
 one of the parties are not savvy enough, an malicious party could easily be
 setup that was 2 of 3 instead of 2 of 2 where the malicious party generates
 the multisig address+script and thus be able to run off with funds anyway.

 It's also terribly complex to generate and keep track of. There's been a
 nice attempt at creating an browser interface at coinb.in/multisig but it
 still lacks the kind of ease with created by the payment protocol. If there
 was a BIP then it would go a long way to aiding future usability of multisig
 wallet implementations.

 What are your thoughts?

 Drak


 --
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 Graph Databases is the definitive new guide to graph databases and their
 applications. Written by three acclaimed leaders in the field,
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 https://lists.sourceforge.net/lists/listinfo/bitcoin-development




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 --
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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-10 Thread kjj
I was trying to use bip10 for multisig and coinjoin, but there was a 
problem with it.  I'll have to look back at my notes, but I thought I 
sent you a message about it. And then real life swallowed my bitcoin time...


I think the bottom line was that it would be useful in the generic case 
with just one minor change.  If there is interest, and it sounds like 
there just may be, I can dust off my notes and see where I left it.  
Probably should do it soon before someone implements it in PB or XML.


Alan Reiner wrote:
Then of course I tried to do this with BIP 10 
https://github.com/bitcoin/bips/blob/master/bip-0010.mediawiki when 
Armory implemented offline-transactions two years ago.  I got some 
positive feedback, but no one wanted to help improve it, etc.  I guess 
nobody else was doing it and/or cared at the time.  So I continue to 
use BIP 10 even though it's pretty crappy.  I wanted it to be useful 
for multisig, too, but it has some deficiencies there (it was done 
when Armory was extremely young and OP_EVAL was still on the table).


However, with all this activity, we should start thinking about that 
and discussing it.  Otherwise, I'll just do my own thing again and 
probably end up with something that fits my own needs, but not anyone 
else's.  Really though, multisig shouldn't require all the same app to 
work.


-Alan


On 03/10/2014 01:49 PM, Gavin Andresen wrote:

In my experience, best process for standardizing something is:

1) Somebody has a great idea
2) They implement it
3) Everybody agrees, Great idea! and they copy it.
4) Idea gets refined by the people copying it.
5) It gets standardized.

Mutisig wallets are at step 2 right now. BIP is step 5, in my humble 
opinion...





On Mon, Mar 10, 2014 at 1:39 PM, Drak d...@zikula.org 
mailto:d...@zikula.org wrote:


I was wondering if there would be merit in a kind of BIP for a
payment protocol using multisig?

Currently, setting up a multisig is quite a feat. Users have to
exchange public keys, work out how to get the public keys from
their addresses. If one of the parties are not savvy enough, an
malicious party could easily be setup that was 2 of 3 instead of
2 of 2 where the malicious party generates the multisig
address+script and thus be able to run off with funds anyway.

It's also terribly complex to generate and keep track of. There's
been a nice attempt at creating an browser interface at
coinb.in/multisig http://coinb.in/multisig but it still lacks
the kind of ease with created by the payment protocol. If there
was a BIP then it would go a long way to aiding future usability
of multisig wallet implementations.

What are your thoughts?

Drak


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Re: [Bitcoin-development] Multisign payment protocol?

2014-03-10 Thread Gavin Andresen
Multisig is orthogonal to the payment protocol (but payment protocol is
needed first).

There need to be protocols for:

a) Establishing multisig wallets of various sorts. See:
  https://moqups.com/gavinandresen/no8mzUDB/
  https://moqups.com/gavinandresen/no8mzUDB/p:ab18547e0
... etc.  for a UI mock-up.
  There needs to be some protocol so all participants in a multisig wallet
contribute keys (actually, we should just assume everybody uses BIP32 HD
public keys so we get privacy from the start).

Multi-person shared wallets, escrows, and wallet protection service
wallets (which might be protected with two-factor authentication) are
different use cases and probably use slightly different protocols (and will
probably need different BIPs eventually).


b) Gathering signatures for a multisig spend. Here is where the payment
protocol is useful; the PaymentRequest message should be passed around so
all participants know what is being paid for, and maybe a partially-signed
Payment message is where the signatures are gathered (or maybe the
signatures are sent separately and one of the participants creates and
submits the Payment and gets the PaymentACK... to be designed).
  See:
https://moqups.com/gavinandresen/no8mzUDB/p:a7e81be96
https://moqups.com/gavinandresen/no8mzUDB/p:af7339204
... for UI mock-up for the multi-person-spend case.

And maybe a protocol for I don't want to be part of this multisig any more
/ I lost control of my private key don't trust me in this multisig any
more.



On Mon, Mar 10, 2014 at 8:14 PM, Jeff Garzik jgar...@bitpay.com wrote:

 All of that only melds with the payment protocol under an extremely
 expansive definition of payment.  The payment protocol is really
 geared towards a direct one-to-one relationship





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