On Wednesday, October 01, 2014 1:08:26 PM Peter Todd wrote: > I've written a reference implementation and BIP draft for a new opcode, > CHECKLOCKTIMEVERIFY.
Thoughts on some way to have the stack item be incremented by the height at which the scriptPubKey was in a block? A limitation of encoding the target height/time directly, is that miners may choose not to mine the first transaction until they can also take the "burn to fee". So, one may prefer to say "cannot be spent until 100 blocks after the first transaction is mined", in effect reproducing the generation maturity rule. I propose any stack item under 0x40000 be incremented by the height at which the scriptPubKey was mined for comparison. Maybe there is a use case for doing something similar for time too? Luke ------------------------------------------------------------------------------ Meet PCI DSS 3.0 Compliance Requirements with EventLog Analyzer Achieve PCI DSS 3.0 Compliant Status with Out-of-the-box PCI DSS Reports Are you Audit-Ready for PCI DSS 3.0 Compliance? Download White paper Comply to PCI DSS 3.0 Requirement 10 and 11.5 with EventLog Analyzer http://pubads.g.doubleclick.net/gampad/clk?id=154622311&iu=/4140/ostg.clktrk _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development