Re: [Bitcoin-development] New BIP: protocol for multisignature payments
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 mediators need to manage incoming tickets, etc. The BIP70 extension is probably the smallest part of the project. On Sat, Jan 31, 2015 at 2:30 AM, Martin Habovštiak martin.habovst...@gmail.com wrote: 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 reasons) which supports making of multisig transactions dynamically. (The most important thing is that the user provides his address.) What do you think? Is it a good way to solve the problem or do you know about something better? I would really like this or something similar implemented by wallets. Thank you for your feedback! Martin -- Dive into the World of Parallel Programming. The Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, is your hub for all things parallel software development, from weekly thought leadership blogs to news, videos, case studies, tutorials and more. Take a look and join the conversation now. http://goparallel.sourceforge.net/ ___ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development -- Dive into the World of Parallel Programming. The Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, is your hub for all things parallel software development, from weekly thought leadership blogs to news, videos, case studies, tutorials and more. Take a look and join the conversation now. http://goparallel.sourceforge.net/___ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
Re: [Bitcoin-development] New BIP: protocol for multisignature payments
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 few protocol buffers and high level procedures, so people who are going to write an implementation probably won't follow your design unless they have a great degree of confidence in it and some compelling reason to use it (e.g. interop with other users). -- Dive into the World of Parallel Programming. The Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, is your hub for all things parallel software development, from weekly thought leadership blogs to news, videos, case studies, tutorials and more. Take a look and join the conversation now. http://goparallel.sourceforge.net/___ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
Re: [Bitcoin-development] New BIP: protocol for multisignature payments
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, 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 mediators need to manage incoming tickets, etc. The BIP70 extension is probably the smallest part of the project. On Sat, Jan 31, 2015 at 2:30 AM, Martin Habovštiak martin.habovst...@gmail.com wrote: 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 reasons) which supports making of multisig transactions dynamically. (The most important thing is that the user provides his address.) What do you think? Is it a good way to solve the problem or do you know about something better? I would really like this or something similar implemented by wallets. Thank you for your feedback! Martin -- Dive into the World of Parallel Programming. The Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, is your hub for all things parallel software development, from weekly thought leadership blogs to news, videos, case studies, tutorials and more. Take a look and join the conversation now. http://goparallel.sourceforge.net/ ___ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development -- Dive into the World of Parallel Programming. The Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, is your hub for all things parallel software development, from weekly thought leadership blogs to news, videos, case studies, tutorials and more. Take a look and join the conversation now. http://goparallel.sourceforge.net/ ___ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
Re: [Bitcoin-development] New BIP: protocol for multisignature payments
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 receive feedback from community. IMO it's better to pair a protocol spec with an implementation. -- -- Gavin Andresen -- Dive into the World of Parallel Programming. The Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, is your hub for all things parallel software development, from weekly thought leadership blogs to news, videos, case studies, tutorials and more. Take a look and join the conversation now. http://goparallel.sourceforge.net/___ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
Re: [Bitcoin-development] New BIP: protocol for multisignature payments
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 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 receive feedback from community. IMO it's better to pair a protocol spec with an implementation. -- -- Gavin Andresen -- Dive into the World of Parallel Programming. The Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, is your hub for all things parallel software development, from weekly thought leadership blogs to news, videos, case studies, tutorials and more. Take a look and join the conversation now. http://goparallel.sourceforge.net/ ___ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
Re: [Bitcoin-development] New BIP: protocol for multisignature payments
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 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 reasons) which supports making of multisig transactions dynamically. (The most important thing is that the user provides his address.) What do you think? Is it a good way to solve the problem or do you know about something better? I would really like this or something similar implemented by wallets. Thank you for your feedback! Martin -- Dive into the World of Parallel Programming. The Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, is your hub for all things parallel software development, from weekly thought leadership blogs to news, videos, case studies, tutorials and more. Take a look and join the conversation now. http://goparallel.sourceforge.net/ ___ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development -- Dive into the World of Parallel Programming. The Go Parallel Website, sponsored by Intel and developed in partnership with Slashdot Media, is your hub for all things parallel software development, from weekly thought leadership blogs to news, videos, case studies, tutorials and more. Take a look and join the conversation now. http://goparallel.sourceforge.net/ ___ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development
