Re: [bitcoin-dev] BIP Proposal: Receiving and Change Derivation Paths in a Single Descriptor

2022-07-27 Thread Andrew Chow via bitcoin-dev
I've updated the BIP text to allow arbitrary length tuples. On 07/27/2022 04:44 AM, Pavol Rusnak wrote: > On Wed, 27 Jul 2022 at 00:28, Andrew Chow wrote: > >> However I don't see why this couldn't generalize to any sized tuples. As >> long as the tuples are all the same length, and the limit i

Re: [bitcoin-dev] Regarding setting a lower minrelaytxfee

2022-07-27 Thread vjudeu via bitcoin-dev
> It's pointless for individual nodes to make changes like this on their own. It's pointless only if you assume that mining is centralized. And it's pointless if you also assume that there is no batching. By using different sighashes, batching is definitely possible. In case of one-input-one-out

Re: [bitcoin-dev] Regarding setting a lower minrelaytxfee

2022-07-27 Thread Peter Todd via bitcoin-dev
On July 27, 2022 6:10:00 AM GMT+02:00, vjudeu via bitcoin-dev wrote: >> So I'd suggest removing the fixed dust limit entirely and relying purely on >> the mempool size limit to determine what is or is not dust. > >Just use those settings in your node: > >minrelaytxfee=0. >blockmintxfe

Re: [bitcoin-dev] BIP Proposal: Receiving and Change Derivation Paths in a Single Descriptor

2022-07-27 Thread Craig Raw via bitcoin-dev
Thanks Andrew for proposing the BIP, I have used this syntax in Sparrow for some time now. I find a single, compact descriptor for a wallet is important when copying out as a backup, particularly onto durable media. More so when it is a multisig wallet that ideally requires a backup of all the xpu

Re: [bitcoin-dev] Regarding setting a lower minrelaytxfee

2022-07-27 Thread vjudeu via bitcoin-dev
> So I'd suggest removing the fixed dust limit entirely and relying purely on > the mempool size limit to determine what is or is not dust. Just use those settings in your node: minrelaytxfee=0. blockmintxfee=0. dustrelayfee=0. No changes in source code are needed, nodes

Re: [bitcoin-dev] Surprisingly, Tail Emission Is Not Inflationary

2022-07-27 Thread Jaroslaw via bitcoin-dev
Let's assume fees don't compensate low block reward. And for example every 10 BTC holding needs to be secured by one Antminer S19 running. In an ideal world every large bitcoin holder will run proper amount of ASICs and run it at loss. The holders of less than 10 BTC - will organize "group pay

Re: [bitcoin-dev] Surprisingly, Tail Emission Is Not Inflationary

2022-07-27 Thread Erik Aronesty via bitcoin-dev
> I'm pretty sure we will have a textbook case of Prisoner's Dilemma here. no, there is no large payoff for betrayal ___ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

Re: [bitcoin-dev] BIP Proposal: Receiving and Change Derivation Paths in a Single Descriptor

2022-07-27 Thread Pavol Rusnak via bitcoin-dev
On Wed, 27 Jul 2022 at 00:28, Andrew Chow wrote: > However I don't see why this couldn't generalize to any sized tuples. As > long as the tuples are all the same length, and the limit is one tuple per > key expression, then we don't get any combinatorial blowup issues. > I think it's worthwhile