On 06/18/2015 06:33 PM, Mark Friedenbach wrote:
* Get safe forms of replace-by-fee and child-pays-for-parent
finished and in 0.12.
* Develop cross-platform libraries for managing micropayment
channels, and get wallet authors to adopt
* Use fidelity bonds, solvency proofs, and other
Adam seems to be making sense to me. Only querying a single node when an
address in my wallet matches the block filter seems to be pretty
efficient. The downside is it relies entirely on Tor for privacy, but
then again it's not the only aspect of spv clients that require it for
privacy (there's
Yeah that overhead is pretty high. I wasn't thinking about 10 years out.
On Sat, Feb 21, 2015, 11:47 AM Mike Hearn m...@plan99.net wrote:
Adam seems to be making sense to me. Only querying a single node when an
address in my wallet matches the block filter seems to be pretty efficient.
No,
On Nov 17, 2014 7:39 AM, Pieter Wuille pieter.wui...@gmail.com wrote:
That is inevitable for any wallet that offers any functionality beyond
just maintaining a balance and the ability to send coins. In
particular, anything that wishes to list previous transaction (with
timestamps, history,
On 11/17/2014 06:20 AM, Adam Back wrote:
b) backup: the blockchain is not an efficient reliable generic backup
mechanism because its broadcast. there are cheaper and relatively
simple ways to get end2end secure backup, the main challenge of which
is having secure keys and not forgetting
in the last month or two. Decentralised
2FA wallets run on a desktop/laptop and have a (currently always Android)
smartphone app to go with them. Compromise of the wallet requires
compromise of both devices.
Alon Muroch and Chris Pacia have made huge progress on Bitcoin
Authenticator, their (HD
One issue I do see is the protocol requires participants to check the
inputs submitted by others are valid. Lite clients (at least of the p2p
variety) cannot perform this check.
You could skip the verification part and if the inputs turn out to be
invalid then you'll find out when it doesn't
Actually getUTXO would probably work here as well. It isn't authenticated
but it should be good enough for this purpose. The worst that would happen
is the tx doesn't confirm.
On Aug 11, 2014 2:25 AM, Chris Pacia ctpa...@gmail.com wrote:
One issue I do see is the protocol requires participants
Since these notes have to be redeemed immediately the number of use
cases seems limited. I can't really just hand someone the note and walk
away because they have to scan it to see if it is actually valid.
Otherwise someone could just pass fake notes if they felt the recipient
wouldn't redeem them
Just a thought. Using the payment protocol for stealth would mean we
would likely have to return to backing up wallets all the time would it not?
The nonces cannot be derived from your wallet seed and, since they
aren't in the blockchain, would have to be stored in your wallet. I
suppose they
Absent a concerted effort to move to something else other than 'bits', I
would be willing to bet the nomenclature moves in that direction anyway.
'Bits' is just a shorten word for 'millibits' (or microbits, if you
will). It's easier to say and my guess is people would tend to use it
naturally own
This scheme would discourage people from attempting a Finney attack because
they would end up worse off if they did.
It would work but it's an ugly hack IMO. What do people do if they don't
have extra to pay when making a purchase? I have 200 mbtc and want to buy a
200 mbtc phone but I can't
What is the advantage of this proposal over just orphaning the block with
double spends?
There's currently a set of rules which government what constitutes a valid
block. Miners don't build on blocks that don't accord with those rules out
of fear that a major won't follow and they will waste
You're correct, my impression of the term is based of what I experience in
the US. If it is more widely used in other cultures that should be a
consideration.
On Apr 20, 2014 12:27 PM, Wladimir laa...@gmail.com wrote:
On Sun, Apr 20, 2014 at 6:19 PM, Chris Pacia ctpa...@gmail.com wrote
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