On 04/06/2014 01:59 PM, Flavien Charlon wrote: > Do you think this is the right approach?
No, I'm afraid it has significant flaws. The two chief flaws are (1) there is absolutely no reason to include asset tagging information if it is not validated - that just bloats the block chain, and (2) you shouldn't be using fixed increments for share sizes either. It's not future-proof as the minimum output size changes based on the minimum fee (currently 540 satoshis, not 5,400, and it will float in the near future). And needing a capital of 54 btc for a million shares is totally unacceptable. Flavien, I know that I've seen you on the Bitcoin-X mailing list, where these issues have been mostly worked out: https://groups.google.com/forum/#!forum/bitcoinx Have you seen the padded order-based coloring scheme worked out here? https://github.com/bitcoinx/colored-coin-tools/wiki/colored_coins_intro Kind regards, Mark Friedenbach ------------------------------------------------------------------------------ _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
