Forum URL: https://bitcointalk.org/index.php?topic=112007.0
gmaxwell was talking about colored coins[1] in IRC recently. They are potentially interesting in the context of distributed bonds[2], which I am currently pursuing with pybond[3]. Here is the problem I am trying to solve, does the crowd have an answer? 1. Alice transfers a 1-satoshi colored coin to Bob. 2. Bob transfers 100 BTC to Alice. May be restricted to 1 txout, if that eases implementation details. 3. Steps #1 and #2 happen as an atomic unit, all-or-none. 4. Alice and Bob must both approve this atomic transfer of coins, with appropriate signatures. Is this possible within the current bitcoin system? As far as I can see, the answer is "no" but maybe I'm missing something. My best guess to the answer is "possible, but requires a new SIGHASH_* type"? [1] https://bitcointalk.org/index.php?topic=106449.0 [2] https://bitcointalk.org/index.php?topic=92421.0 [3] https://github.com/jgarzik/pybond -- Jeff Garzik exMULTI, Inc. jgar...@exmulti.com ------------------------------------------------------------------------------ How fast is your code? 3 out of 4 devs don\\\'t know how their code performs in production. Find out how slow your code is with AppDynamics Lite. http://ad.doubleclick.net/clk;262219672;13503038;z? http://info.appdynamics.com/FreeJavaPerformanceDownload.html _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development