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On 1 October 2014 17:55:36 GMT-07:00, Luke Dashjr <l...@dashjr.org> wrote: >On Thursday, October 02, 2014 12:05:15 AM Peter Todd wrote: >> On 1 October 2014 11:23:55 GMT-07:00, Luke Dashjr <l...@dashjr.org> >wrote: >> >Thoughts on some way to have the stack item be incremented by the >> >height at >> >which the scriptPubKey was in a block? >> >> Better to create a GET-TXIN-BLOCK-(TIME/HEIGHT)-EQUALVERIFY operator. >> scriptPubKey would be: >> GET-TXIN-BLOCKHEIGHT-EQUALVERIFY >> (fails unless top stack item is equal to the txin block height) >> <delta height> ADD >> (top stack item is now txin height + delta height) >> CHECKLOCKTIMEVERIFY > >This sounds do-able, although it doesn't address using timestamps. For timestamps replace "height" with "time" in the above example; the minimum block time rule will prevent gaming it. >> You'd want these sacrifices to unlock years into the future to >thoroughly >> exceed any reasonable business cycle; that's so far into the future >that >> miners are almost certain to just mine them and collect the fees. > >For many use cases, short maturity periods are just as appropriate IMO. Very easy to incentivise mining centralisation with short maturities. I personally think just destroying coins is better, but it doesn't sit well with people so this is the next best thing. -----BEGIN PGP SIGNATURE----- Version: APG v1.1.1 iQFQBAEBCAA6BQJULKWsMxxQZXRlciBUb2RkIChsb3cgc2VjdXJpdHkga2V5KSA8 cGV0ZUBwZXRlcnRvZGQub3JnPgAKCRAZnIM7qOfwhcg8CACueZNGfWaZR+xyG9/o JwDBCnqOtwr6Bnosg3vNcRIDUnmsh+Qkk5dk2JpqYNYw7C3duhlwHshgsGOFkHEV f5RHDwkzGLJDLXrBwxxcIDdm3cJL8UVpQzJ7dD7aSnfj7MU/0aru3HaIU2ZfymUb 63jhul6FGbXH3K6p3bOoNrfIrCCGOv8jOIzeAgxNPydk8MVPgRhlYLAKBJxu8nMr 1oJGeaKVSGSPSrRdgS8tI4uOs0F4Q49APrLPGxGTERlATmWrr+asHGJTIxsB2IEm vrNgVRpkaN4Of9k96qzD9ReKfBfqm0WQKLolcXCVqGpdoHcvXh2AeWdjB/EFTyOq SOgO =WybM -----END PGP SIGNATURE----- ------------------------------------------------------------------------------ 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