Re: [bitcoin-dev] OP_SECURETHEBAG (supersedes OP_CHECKOUTPUTSVERIFY)

2019-06-02 Thread ZmnSCPxj via bitcoin-dev
> Using an OP_SECURETHEBAG Taproot, the recipient may even give the sender an > address which makes a channel unbeknownst to them. This requires special design to be safe. Every offchain protocol requires a backout transaction to be created before the funding transaction output is committed

[bitcoin-dev] [PROPOSAL] Emergency RBF (BIP 125)

2019-06-02 Thread Rusty Russell via bitcoin-dev
Hi all, I want to propose a modification to rules 3, 4 and 5 of BIP 125: To remind you of BIP 125: 3. The replacement transaction pays an absolute fee of at least the sum paid by the original transactions. 4. The replacement transaction must also pay for its own bandwidth at