Re: [Bitcoin-development] BIP 65 and OP_CHECKLOCKTIMEVERIFY inquiry...

2014-11-28 Thread Flavien Charlon
This breaks existing invariants and would make the coins potentially less fungible because they wouldn't be reorg safe. I'm not sure coins are ever reorg safe. All it takes is a double spend in the history of your coins for them to become invalid after a reorg. Because of that, there are already

Re: [Bitcoin-development] Increasing the OP_RETURN maximum payload size

2014-11-18 Thread Flavien Charlon
in the blockchain if they used OP_RETURN). On Tue, Nov 18, 2014 at 5:47 PM, Btc Drak btcd...@gmail.com wrote: On Mon, Nov 17, 2014 at 11:43 AM, Flavien Charlon flavien.char...@coinprism.com wrote: My main concern with OP_RETURN is that it seems to encourage people to use the blockchain as a convenient

Re: [Bitcoin-development] Increasing the OP_RETURN maximum payload size

2014-11-17 Thread Flavien Charlon
My main concern with OP_RETURN is that it seems to encourage people to use the blockchain as a convenient transport channel The number one user of the blockchain as a storage and transport mechanism is Counterparty, and limiting OP_RETURN to 40 bytes didn't prevent them from doing so. In fact

[Bitcoin-development] Increasing the OP_RETURN maximum payload size

2014-11-16 Thread Flavien Charlon
Hi, The data that can be embedded as part of an OP_RETURN output is currently limited to 40 bytes. It was initially supposed to be 80 bytes, but got reduced to 40 before the 0.9 release to err on the side of caution. After 9 months, it seems OP_RETURN did not lead to a blockchain catastrophe, so

Re: [Bitcoin-development] About watch-only addresses

2014-10-18 Thread Flavien Charlon
Also, I was wondering if there were nightly builds I could try this from? On Fri, Oct 17, 2014 at 9:36 PM, Flavien Charlon flavien.char...@coinprism.com wrote: Hi, What is the status of watch-only addresses in Bitcoin Core? Is it merged in master and usable? Is there documentation on how

[Bitcoin-development] About watch-only addresses

2014-10-17 Thread Flavien Charlon
Hi, What is the status of watch-only addresses in Bitcoin Core? Is it merged in master and usable? Is there documentation on how to add a watch-only address through RPC. Also, I believe that is going towards the 0.10 release, is there a rough ETA for a release candidate? Thanks Flavien

Re: [Bitcoin-development] [BIP draft] CHECKLOCKTIMEVERIFY - Prevent a txout from being spent until an expiration time

2014-10-02 Thread Flavien Charlon
Very good, I like the proposal. A question I have: can it be used to do the opposite, i.e. build a script that can only be spent up until block X? On Thu, Oct 2, 2014 at 2:09 AM, Peter Todd p...@petertodd.org wrote: -BEGIN PGP SIGNED MESSAGE- Hash: SHA256 On 1 October 2014

Re: [Bitcoin-development] deterministic transaction expiration

2014-08-05 Thread Flavien Charlon
It would make more sense to introduce a new script opcode that pushes the current block height onto the operand stack. Then you could implement arbitrary logic about which blocks the transaction can be valid in. This would require that the client revalidate all transactions in its mempool

Re: [Bitcoin-development] Bug with handing of OP_RETURN?

2014-05-04 Thread Flavien Charlon
Thanks, that makes sense, just wanted to make sure this what the problem was. On Sun, May 4, 2014 at 6:15 AM, Jeff Garzik jgar...@bitpay.com wrote: On Sat, May 3, 2014 at 2:04 PM, Flavien Charlon flavien.char...@coinprism.com wrote: Outputs are above dust, inputs are not spent. OP_RETURN

[Bitcoin-development] Bug with handing of OP_RETURN?

2014-05-03 Thread Flavien Charlon
Can someone enlighten me on why the following transaction is being rejected by Bitcoind 0.9.1 with error code -22 on Mainnet.

Re: [Bitcoin-development] Feedback request: colored coins protocol

2014-04-11 Thread Flavien Charlon
I have updated the spechttps://github.com/Flavien/colored-coins-protocol/blob/master/specification.mediawiki . This is an interesting approach, but OP_RETURN size limitations can be a significant problem for some kinds of applications. This is correct, the number of colored outputs you can have

Re: [Bitcoin-development] Feedback request: colored coins protocol

2014-04-10 Thread Flavien Charlon
Thanks for the valuable feedback. I see there is a strong concern with requiring a large BTC capital for issuing coloring coins, so I am now in the process of modifying the specification to address that. I will post an update when this is finished. By the way, padding doesn't solve the issue

Re: [Bitcoin-development] Feedback request: colored coins protocol

2014-04-07 Thread Flavien Charlon
the shares. It's an investment, not an expense, so I think it is acceptable. Best, Flavien On Mon, Apr 7, 2014 at 12:23 AM, Mark Friedenbach m...@monetize.io wrote: On 04/06/2014 01:59 PM, Flavien Charlon wrote: Do you think this is the right approach? No, I'm afraid it has significant

Re: [Bitcoin-development] Feedback request: colored coins protocol

2014-04-07 Thread Flavien Charlon
certificate is printed. This is why I think the importance of padding with colored coins is overblown. On Mon, Apr 7, 2014 at 1:12 PM, Jorge Timón jti...@monetize.io wrote: On 4/7/14, Flavien Charlon flavien.char...@coinprism.com wrote: Also those 54 BTC (actually 5.4 BTC if the dust is now 540

Re: [Bitcoin-development] Feedback request: colored coins protocol

2014-04-07 Thread Flavien Charlon
. On Mon, Apr 7, 2014 at 7:23 PM, Jorge Timón jti...@monetize.io wrote: On 4/7/14, Flavien Charlon flavien.char...@coinprism.com wrote: Ok, I guess I'm not using the proper terminology. It would be listed on the Asset section of the company's balance sheet, is what I meant. No, it's