-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA256
On 6 August 2014 10:21:56 GMT-07:00, Mark Friedenbach <m...@monetize.io> wrote: >On 08/06/2014 01:02 PM, Tom Harding wrote: >> With first-eligible-height and last-eligible-height, creator could >> choose a lifetime shorter than the max, and in addition, lock the >whole >> thing until some point in the future. > >Note that this would be a massive, *massive* change that would >completely break bitcoin output frangibility. Merchants would have to >start demanding input history back to a certain depth in order to >ensure >they are not exposing themselves to undue reorg-expiry risk. Bitcoin is already "broken" in that regard due to malleability, and more fundamentally, the existence of anyone-can-spend outputs, known private keys, SIGHASH_ANYONECANPAY, etc. In any case, reorg-doublespend risk is no different than reorg-expiry risk. -----BEGIN PGP SIGNATURE----- Version: APG v1.1.1 iQFQBAEBCAA6BQJT4mcdMxxQZXRlciBUb2RkIChsb3cgc2VjdXJpdHkga2V5KSA8 cGV0ZUBwZXRlcnRvZGQub3JnPgAKCRAZnIM7qOfwhSdiB/9no/fXR50Zej4l6Hyt gDvM9GWosGxZydQfplrUYzS9nLWTJgkjNYkrJk1OXPlkiNoHhlpCK6TuEL3DXBo8 txDBhp/xls7aFHELpPhP5iKrEj0J6fyMp9wKRVtUu0J+RhHY22v+iEQf//dGUX4v hQPwATubmnyeVd71TAKyW6zCPjoEh0IG19tRVvw/v7/qNTXHdSZTkSVzQa4GP2gr 2xVqXTeOycPKqIU+GaNI4aRAL2DUm1kW3jG/+h3BwnJNd5q+0ELpC6xDmkA6hkNz N6BFCtoghhKNH+FNsZKAzE9w8dYngZQbaA9vVdaR6SXzz9KuG526EymOF7e55IBJ FMu+ =ii2+ -----END PGP SIGNATURE----- ------------------------------------------------------------------------------ Infragistics Professional Build stunning WinForms apps today! Reboot your WinForms applications with our WinForms controls. Build a bridge from your legacy apps to the future. http://pubads.g.doubleclick.net/gampad/clk?id=153845071&iu=/4140/ostg.clktrk _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
