On Tue, Apr 9, 2013 at 8:52 PM, Robert Backhaus <rob...@robbak.com> wrote: > That sounds workable. I take it that the P2SH address is not stored? I like > it that this denies the possibility of storing data in the block chain, but > does not block interesting uses like creating date stamps - You can still > store the 'fake P2SH' value whose checksum is secured by the blockchain.
Correct. It doesn't prevent value commitment (which is actually what we need for our currency use), just data storage. And as Peter points out— you could try to store a little data, but that has a computational cost which is exponential in the amount of data stored per output. ... like storing data in values, thats awkward enough to not be especially problematic, I expect. ------------------------------------------------------------------------------ Precog is a next-generation analytics platform capable of advanced analytics on semi-structured data. The platform includes APIs for building apps and a phenomenal toolset for data science. Developers can use our toolset for easy data analysis & visualization. Get a free account! http://www2.precog.com/precogplatform/slashdotnewsletter _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
