Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread Chris Pacia via bitcoin-dev
On 08/27/2015 09:39 AM, prabhat via bitcoin-dev wrote: Fine point. So where is the solution? What to do? How about nothing. ___ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread prabhat via bitcoin-dev
Fine point. So where is the solution? What to do? Prabhat Kumar Singh Prabhat Kumar Singh On Thu, Aug 27, 2015 at 6:58 PM, Gavin Andresen gavinandre...@gmail.com wrote: Have you talked with anybody at the Bitcoin Foundation about this proposal? As Chief Scientist of the Foundation, I am

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread Milly Bitcoin via bitcoin-dev
So where is the solution? What to do? AML-KYC is mostly something that sits on top of the Bitcoin protocol. Take Coinase, inc. as an example. They check bank accounts before they open your account and they link your Bitcoin address to your account in their database. Then they ask for

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread prabhat via bitcoin-dev
So you mean that, 1. Govt agencies already know about everything and anything this subject is about, but passively. 2. Due to passive nature, the actions are post incident and not pre. So there is a risk of many ticking time-bombs which some JB (Jack Bauer or James Bond or Jai

Re: [bitcoin-dev] Dynamically Controlled Bitcoin Block Size Max Cap [BIP 1xx - Draft]

2015-08-27 Thread Upal Chakraborty via bitcoin-dev
Proposal 1 does not deal with Tx fee. Proposal 2 does. According to proposal 2, miners wont be able to increase or decrease Max Block Size only by manipulating Tx fee. They have to manipulate... i. Tx fee of ~4000 blocks. ii. Block size of ~4000 blocks. I never proposed *next block collects Tx

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread Sergio Demian Lerner via bitcoin-dev
Guys, I strongly think the original prabhat e-mail is a parody. And I find very funny that important people have responded. But maybe I'm wrong! *:)* El jue., 27 ago. 2015 a las 11:04, Chris Pacia via bitcoin-dev ( bitcoin-dev@lists.linuxfoundation.org) escribió: On 08/27/2015 09:39 AM,

Re: [bitcoin-dev] Questiosn about BIP100

2015-08-27 Thread Andrew C via bitcoin-dev
I have been reading the pdf and one thing I can't figure out is what you mean by most common floor. Is that the smallest block size that has a vote or the block size with the most votes or something else? On Mon, Aug 24, 2015 at 10:40 AM Jeff Garzik jgar...@gmail.com wrote: Great questions. -

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread Oliver Petruzel via bitcoin-dev
But money is attached to life and not liberty I can't truly express in this email exactly how much I personally disagree with that statement/belief because I don't think the dev mailing list is the appropriate forum for such philosophical discussions. I will say this, though: I think you've

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread Dave Scotese via bitcoin-dev
Prabhat, You write about OFAC, KYC, and AML. The *Office of Foreign Assets Control* (*OFAC*) is a financial intelligence https://en.wikipedia.org/wiki/Financial_intelligence and enforcement agency of the U.S. government charged with planning and execution of economic and trade sanctions

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread prabhat via bitcoin-dev
I Truly respect your opinions. Prabhat Kumar Singh On Fri, Aug 28, 2015 at 12:25 AM, Oliver Petruzel opetru...@gmail.com wrote: But money is attached to life and not liberty I can't truly express in this email exactly how much I personally disagree with that statement/belief because I

Re: [bitcoin-dev] BIP: Using Median time-past as endpoint for locktime calculations

2015-08-27 Thread Btc Drak via bitcoin-dev
This BIP was assigned number 113. I have updated the text accordingly and added credits to Gregory Maxwell. Please see the changes in the pull request: https://github.com/bitcoin/bips/pull/182 On Sat, Aug 22, 2015 at 1:57 AM, Peter Todd via bitcoin-dev bitcoin-dev@lists.linuxfoundation.org

Re: [bitcoin-dev] Splitting BIPs

2015-08-27 Thread Eric Lombrozo via bitcoin-dev
I posted a new draft of the proposal: http://blockhawk.net/bitcoin-dev/bipwiki.html The subsections still need to be fleshed out a bit more. I'd love any comments or suggestions. On Mon, Aug 24, 2015, 4:30 PM Eric Lombrozo elombr...@gmail.com wrote: Also, the current type attribute needs

Re: [bitcoin-dev] Questiosn about BIP100

2015-08-27 Thread Jeff Garzik via bitcoin-dev
20th percentile, though there is some argument to take the 'mode' of several tranches On Thu, Aug 27, 2015 at 11:07 AM, Andrew C achow...@gmail.com wrote: I have been reading the pdf and one thing I can't figure out is what you mean by most common floor. Is that the smallest block size that

Re: [bitcoin-dev] CLTV/CSV/etc. deployment considerations due to XT/Not-BitcoinXT miners

2015-08-27 Thread Btc Drak via bitcoin-dev
I have changed BIPS 112 and 113 to reflect this amended deployment strategy. I'm beginning to think the issues created by Bitcoin XT are so serious it probably deserves converting OPs text into an informational BIP. On Thu, Aug 20, 2015 at 6:42 PM, Mark Friedenbach via bitcoin-dev

Re: [bitcoin-dev] BIP: Using Median time-past as endpoint for locktime calculations

2015-08-27 Thread Peter Todd via bitcoin-dev
On Thu, Aug 27, 2015 at 11:08:32PM +0100, Btc Drak wrote: This BIP was assigned number 113. I have updated the text accordingly and added credits to Gregory Maxwell. Please see the changes in the pull request: https://github.com/bitcoin/bips/pull/182 On Thu, Aug 27, 2015 at 11:11:10PM

Re: [bitcoin-dev] [BIP-draft] CHECKSEQUENCEVERIFY - An opcode for relative locktime

2015-08-27 Thread Mark Friedenbach via bitcoin-dev
So I've created 2 new repositories with changed rules regarding sequencenumbers: https://github.com/maaku/bitcoin/tree/sequencenumbers2 This repository inverts (un-inverts?) the sequence number. nSequence=1 means 1 block relative lock-height. nSequence=LOCKTIME_THRESHOLD means 1 second relative

Re: [bitcoin-dev] Questiosn about BIP100

2015-08-27 Thread jl2012 via bitcoin-dev
Mode could be ruled out immediately. Just consider this: 34% 8MB, 33% 1.5MB, 33% 1.2MB I personally believe the median is the most natural and logical choice. 51% of miners can always force the 49% to follow the simple majority choice through a 51% attack. Using median will eliminate the

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread odinn via bitcoin-dev
-BEGIN PGP SIGNED MESSAGE- Hash: SHA1 Well, On 08/27/2015 06:39 AM, prabhat via bitcoin-dev wrote: Fine point. So where is the solution? What to do? You could study bitcoin some more and understand what it is instead of proposing to implement AML-KYC in bitcoin which shows vast

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread Yifu Guo via bitcoin-dev
I've done some work in this area. see http://coinvalidation.com/ it's currently shelved due to lack of legal and regulatory framework. 1. this should not be directly implemented on the protocol level. I believe its Jeff Garzik who once said stolen bitcoins is a legal problem, not a technical one.

Re: [bitcoin-dev] [BIP-draft] CHECKSEQUENCEVERIFY - An opcode for relative locktime

2015-08-27 Thread David A. Harding via bitcoin-dev
On Thu, Aug 27, 2015 at 12:38:42PM +0930, Rusty Russell via bitcoin-dev wrote: So I'd like an IsStandard() rule to say it nLockTime be 0 if an nSequence != 0x. Would that screw anyone currently? That sentence doesn't quite parse (say it nLockTime), so please forgive me if I'm

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread Ahmed Zsales via bitcoin-dev
I would prefer not to download an attachment. Generally and without having the benefit of reading your document, AML and or KYC requirements are treated on a jurisdiction by jurisdiction basis. You would probably need to factor obtaining a universal agreement between all of the governments and

[bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread prabhat via bitcoin-dev
Hi, I am proposing to create a AML-KYC module to control the network and also qualify use cases in OFAC compliant way. Here is the attached doc. Please provide your feedback and suggestions. Best, Prabhat Kumar Singh Title: A AML KYC enforcement mechanism to regulate OFAC(and similar others)

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread prabhat via bitcoin-dev
Thanks for the comments and feedback. I have previously read those threads as suggested by some members. In relation with transactions, I do agree with suggestions that they should be left on their own, and assumed that people would work in the best interest of themselves and society. Everything

Re: [bitcoin-dev] BIPS proposal for implementing AML-KYC in bitcoin

2015-08-27 Thread jl2012 via bitcoin-dev
Very good, I can't wait to see it. Please code it up and submit a pull request to github. Don't expect someone will do it for you. prabhat via bitcoin-dev 於 2015-08-27 08:06 寫到: snip. Folks, suggest something, scrap my idea, but let's build something to save this ecosystem, otherwise it