Re: [Bitcoin-development] New BIP: protocol for multisignature payments

2015-01-31 Thread Mike Hearn
Hi Martin, You're on the right lines. Your writeup is pretty similar to the high level overview given here though: https://en.bitcoin.it/wiki/Contracts#Example_2:_Escrow_and_dispute_mediation To make 2-of-3 dispute mediation works requires implementing a wallet that supports it, and the tools

Re: [Bitcoin-development] New BIP: protocol for multisignature payments

2015-01-31 Thread Mike Hearn
I could look at implementing it someday, but now I'd like to receive feedback from community. IMO it's better to pair a protocol spec with an implementation. For one, it can show up issues in the design you didn't think of. For another, implementation is a lot more work than speccing out a

Re: [Bitcoin-development] New BIP: protocol for multisignature payments

2015-01-31 Thread Martin Habovštiak
I know about that wiki page. I just wanted to design protocol which would make it easier in practice. (now it would be done manually) I could look at implementing it someday, but now I'd like to receive feedback from community. 2015-01-31 19:19 GMT+02:00 Mike Hearn m...@plan99.net: Hi Martin,

Re: [Bitcoin-development] New BIP: protocol for multisignature payments

2015-01-31 Thread Gavin Andresen
I agree- standards should be descriptive (here is how this thing I did works) and NOT proscriptive (here's what I think will work, lets all try to do it this way.). On Sat, Jan 31, 2015 at 2:07 PM, Mike Hearn m...@plan99.net wrote: I could look at implementing it someday, but now I'd like to

Re: [Bitcoin-development] New BIP: protocol for multisignature payments

2015-01-31 Thread Martin Habovštiak
I didn't consider that, thank you for feedback! I will try to find some time for implementing it. I'll write again then. 2015-01-31 23:50 GMT+02:00 Gavin Andresen gavinandre...@gmail.com: I agree- standards should be descriptive (here is how this thing I did works) and NOT proscriptive (here's

[Bitcoin-development] New BIP: protocol for multisignature payments

2015-01-30 Thread Martin Habovštiak
Hello, I've been thinking about how to solve security problems of the servers holding huge amounts of bitcoins (exchanges, markets...) and came up with this idea: https://gist.github.com/Kixunil/2ec79cf40a53fb899ac5 TL;DR: it's extension of BIP70 (but not fully compatible due to security

Re: [Bitcoin-development] New BIP: protocol for multisignature payments

2015-01-30 Thread Thomas Kerin
Ooh, I had a very similar proposal, except it involved sharing generic P2SH scripts. It also involved facilitating requesting of signatures.. We should talk.On 31 Jan 2015 01:30, Martin Habovštiak martin.habovst...@gmail.com wrote: Hello, I've been thinking about how to solve security