I was trying to use bip10 for multisig and coinjoin, but there was a
problem with it. I'll have to look back at my notes, but I thought I
sent you a message about it. And then real life swallowed my bitcoin time...
I think the bottom line was that it would be useful in the generic case
with just one minor change. If there is interest, and it sounds like
there just may be, I can dust off my notes and see where I left it.
Probably should do it soon before someone implements it in PB or XML.
Alan Reiner wrote:
Then of course I tried to do this with BIP 10
<https://github.com/bitcoin/bips/blob/master/bip-0010.mediawiki> when
Armory implemented offline-transactions two years ago. I got some
positive feedback, but no one wanted to help improve it, etc. I guess
nobody else was doing it and/or cared at the time. So I continue to
use BIP 10 even though it's pretty crappy. I wanted it to be useful
for multisig, too, but it has some deficiencies there (it was done
when Armory was extremely young and OP_EVAL was still on the table).
However, with all this activity, we should start thinking about that
and discussing it. Otherwise, I'll just do my own thing again and
probably end up with something that fits my own needs, but not anyone
else's. Really though, multisig shouldn't require all the same app to
work.
-Alan
On 03/10/2014 01:49 PM, Gavin Andresen wrote:
In my experience, best process for standardizing something is:
1) Somebody has a great idea
2) They implement it
3) Everybody agrees, "Great idea!" and they copy it.
4) Idea gets refined by the people copying it.
5) It gets standardized.
Mutisig wallets are at step 2 right now. BIP is step 5, in my humble
opinion...
On Mon, Mar 10, 2014 at 1:39 PM, Drak <d...@zikula.org
<mailto:d...@zikula.org>> wrote:
I was wondering if there would be merit in a kind of BIP for a
payment protocol using multisig?
Currently, setting up a multisig is quite a feat. Users have to
exchange public keys, work out how to get the public keys from
their addresses. If one of the parties are not savvy enough, an
malicious party could easily be setup that was 2 of 3 instead of
2 of 2 where the malicious party generates the multisig
address+script and thus be able to run off with funds anyway.
It's also terribly complex to generate and keep track of. There's
been a nice attempt at creating an browser interface at
coinb.in/multisig <http://coinb.in/multisig> but it still lacks
the kind of ease with created by the payment protocol. If there
was a BIP then it would go a long way to aiding future usability
of multisig wallet implementations.
What are your thoughts?
Drak
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