Re: [bitcoin-dev] Capacity increases for the Bitcoin system.

A segwit supporting server would be required to support relaying segwit transactions, although a non-segwit server could at least inform a wallet of segwit txns observed, even if it doesn't relay all information necessary to validate. Non segwit servers and wallets would continue operations as if

Re: [bitcoin-dev] Standard BIP Draft: Turing Pseudo-Completeness

On Fri, Dec 11, 2015 at 10:45 PM, Luke Durback wrote: >>If it's voting for something consensus, you will need something special. If >> it's not consensus (ie external) thw voting doesn't have to hit the chain at >> all. > > I had in mind voting for something that can't be

Re: [bitcoin-dev] Forget dormant UTXOs without confiscating bitcoin

Dormant threshold is way too low. There's many news articles about people forgetting that they used to mine bitcoins and then suddenly remembered. This will continue to happen for much longer than 8 years as people rediscover bitcoin when it goes further mainstream. You can't expect them to have

Re: [bitcoin-dev] Forget dormant UTXOs without confiscating bitcoin

On Sun, Dec 13, 2015 at 1:00 AM, Vincent Truong via bitcoin-dev wrote: > have run a node/kept their utxo before they were aware of this change and > then realise miners have discarded their utxo. Oops? I believe you have misunderstood jl2012's post. His

Re: [bitcoin-dev] Standard BIP Draft: Turing Pseudo-Completeness

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[bitcoin-dev] Forget dormant UTXOs without confiscating bitcoin

It is a common practice in commercial banks that a dormant account might be confiscated. Confiscating or deleting dormant UTXOs might be too controversial, but allowing the UTXOs set growing without any limit might not be a sustainable option. People lose their private keys. People do stupid

Re: [bitcoin-dev] Forget dormant UTXOs without confiscating bitcoin

The general concept has merit and the basic outline here seems sound enough. I have harboured a notion for having "archived UTXO" for some time, this is essentially it. The retrieval from archive cost is on the UTXO holder not the entire storage network, which is then only bearing full 'instant'