Re: [Bitcoin-development] Bi-directional micropayment channels with CHECKLOCKTIMEVERIFY

2015-01-11 Thread odinn
-BEGIN PGP SIGNED MESSAGE- Hash: SHA512 Please comment if possible on some of the techno-cultural implications of ongoing development of bi-directional micropayment channels? For example, consider zakat example(s):

Re: [Bitcoin-development] Bi-directional micropayment channels with CHECKLOCKTIMEVERIFY

2015-01-11 Thread Mike Hearn
Firstly, apologies to Nathan for not actually providing feedback on his protocol. I've put pondering it onto my mental todo list. The notion of a payment tree is interesting but complicated - I would need to think about it and maybe draw myself some diagrams before having useful feedback here. If

Re: [Bitcoin-development] Bi-directional micropayment channels with CHECKLOCKTIMEVERIFY

2015-01-11 Thread Peter Todd
On Fri, Jan 09, 2015 at 01:40:53PM +0200, Nathan Cook wrote: Would you mind doing up some actual scriptPubKeys/transactions using this idea as an example? I think it'd make the review process a lot easier for everyone if there was something more concrete. (equally, sorry I haven't had a chance to