Please help me guide me in the direction I need to go On Thursday, September 6, 2018, Brandon Smith via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote:
> I made a similar proposal about 7 months ago, and documented some of the > discussion points here: > > https://github.com/reardencode/bips/blob/reverselocktime/bip-0zzz. > mediawiki > > On 2018-09-06 (Thu) at 15:16:34 +0000, Gregory Maxwell via bitcoin-dev > wrote: > > Functionality such as this does not currently exist not because no one > > thought of it before, but because it has been proposed many times > > before and determined to be harmful. The existing design of CLTV/CSV > > were carefully constructed to make it impossible for a transaction to > > go from valid to invalid based on the time. The most naive > > construction-- e.g. push the current time/height on the stack-- would > > have that property and was specifically avoided. > > > > When a spend goes from valid to invalid it means that a reorganization > > will destroy coins even completely absent any dishonest actions of the > > coins prior owner in the coins recent casual history. Effectively a > > coin with any kind of non-monotone validity event in its recent > > history functions like a recently generated coin: a coin that reorgs > > destroy. Bitcoin addresses the issue for recently generated coins by > > not permitting their use for 100 blocks. I've yet to see an argument > > for a use case for non-monotone validity that still sounds useful once > > the negative effects are addressed (e.g. by subjecting coins that have > > gone through them to a maturity limitation). > > _______________________________________________ > > bitcoin-dev mailing list > > bitcoin-dev@lists.linuxfoundation.org > > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev >
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