raymo via bitcoin-dev wrote:
TL,DR: you were explained by ZmnSCPxj why this protocol will not work.
The possibility for just one party to sign will not work. I will explain
again why but in much more simpler description.
Check out this simple transaction to learn more about how the system
w
some additional answers/clarifications
> Question for Jeremy: would you also allow zero-value outputs? Or would
> you just move the dust limit down to a fixed 1-sat?
>
I would remove it entirely -- i don't think there's a difference between
the two realistically.
>
> Allowing 0-value or 1-s
Under no circumstances do I think we should *increase* the dust limit. That
would have a mildly confiscatory effect on current Lightning Channel
operators, among others.
Generally, the UTXO set will grow. We should work to accommodate the worst
case scenario under current consensus rules. I think
On Sun, Aug 08, 2021 at 11:52:55AM -0700, Jeremy wrote:
> We should remove the dust limit from Bitcoin. Five reasons:
Jeremy knows this, but to be clear for other readers, the dust limit is
a policy in Bitcoin Core (and other software) where it refuses by
default to relay or mine transactions with
I agree with Jeremy. Dust limit works due to design accident: that outputs are
not encrypted. But outputs are private business and the real issue is only the
cost of utxo set storage born by every user. There are two ways to address this:
1) either make ppl pay for renting that storage (which cr
If it weren't for the implications in changing standardness here, I think we should consider increasing the dust limit
instead.
The size of the UTXO set is a fundamental scalability constraint of the system. In fact, with proposals like
assume-utxo/background history sync it is arguably *the* f
We should remove the dust limit from Bitcoin. Five reasons:
1) it's not our business what outputs people want to create
2) dust outputs can be used in various authentication/delegation smart
contracts
3) dust sized htlcs in lightning (
https://bitcoin.stackexchange.com/questions/46730/can-you-send
Fine tuning Sabu in order to minimize the protocol risks
After representing Sabu protocol
here
(https://raymo-49157.medium.com/time-to-boost-bitcoin-circulation-million-transactions-per-second-and-privacy-1eef8568d180)
and answer some comments and critics here
(https://raymo-49157.medium.com/sca
