Re: [Bitcoin-development] secure assigned bitcoin address directory

2014-04-01 Thread Chris D'Costa
On 31 Mar 2014, at 20:57, Roy Badami wrote:

 Is namecoin actively maintained these days?

That's a very good quest. It was one of the reasons why we ruled out namecoin, 
but not the only one.

Although in principle it is a similar concept to namecoin + PGP, in practice at 
least for our device, that felt like a hammer to crack a nut, How could this 
operate if the device was carried to one of the non-3G countries i.e. with no 
direct internet access? How could we syncronise the chain in a low bandwidth 
environment, if at all? Could at least some of the chain be pre-loaded at the 
factory? What would the risks be if it was?. 

These are just a few of the practical considerations that we are addressing, 
and our feeling is that when we can get the proposed distributed ledger to work 
properly at the lowest common denominator level, then everything above is 
easier. 

On one other point, I don't ever see the Bitcoin software using a second 
blockchain, like namecoin, in order just to provide safe communication of a 
non-face-to-face, person-to-person, pay-to address (far too many hyphens), but 
I do see some other standard emerging that provides the equivalent of BIP70 for 
this use case.  

In this context, when we posed these questions, Why do we have to provide a 
reward for a ledger of information? Why do we have to wait for confirmation 
when no money is at risk? What is the worst that can happen if your device key 
is discovered or replaced?, it did not make sense to include all the incumbent 
coin stuff just to arrive at a distributed ledger for a set of ultimately 
disposable keys.--
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Re: [Bitcoin-development] secure assigned bitcoin address directory

2014-04-01 Thread Jeff Garzik
Re-reading this, even with the most recent message, is still isn't
clear _precisely_ how your technology works, or why it is better than
namecoin.  User profiles (and distributed ledgers) need to reflect the
latest updates, and a stream of updates of over time is precisely what
bitcoin technology secures.

Keys expire or are compromised, and the public ledger needs to reflect
that.  There is a lot of computer science involved in making sure the
public ledger you see is not an outdated view.  A log-like stream of
changes is not the only way to do things, but other methods need less
hand-wavy details (show the code) before they are well recognized as
useful.



On Mon, Mar 31, 2014 at 7:14 AM, Chris D'Costa chris.dco...@meek.io wrote:
 Security of transmission of person-to-person pay-to addresses is one of the 
 use cases that we are addressing on our hardware wallet.

 I have yet to finish the paper but in a nutshell it uses a decentralised 
 ledger of, what we refer to as, device keys.

 These keys are not related in any way to the Bitcoin keys, (which is why I'm 
 hesitating about discussing it here) neither do they even attempt to identify 
 the human owner if the device. But they do have a specific use case and that 
 is to provide advanced knowledge of a publickey that can be used for 
 encrypting a message to an intended recipient, without the requirement for a 
 third-party CA, and more importantly without prior dialogue. We think it is 
 this that would allow you to communicate a pay-to address to someone without 
 seeing them in a secure way.

 As I understand it the BlockChain uses time bought through proof of work to 
 establish a version of the truth, we are using time in the reverse sense : 
 advanced knowledge of all pubkeys. Indeed all devices could easily check 
 their own record to identify problems on the ledger.

 There is of course more to this, but I like to refer to the distributed 
 ledger of device keys as the Web-of-trust re-imagined although that isn't 
 strictly true.

 Ok there you have it. The cat is out of the bag, feel free to give feedback, 
 I have to finish the paper, apologies if it is not a topic for this list.

 Regards

 Chris D'Costa


 On 31 Mar 2014, at 12:21, vv01f vv...@riseup.net wrote:

 Some users on bitcointalk[0] would like to have their vanity addresses
 available for others easily to find and verify the ownership over a kind
 of WoT. Right now they sign their own addresses and quote them in the
 forums.
 As I pointed out there already the centralized storage in the forums is
 not secury anyhow and signed messages could be swapped easily with the
 next hack of the forums.

 Is that use case taken care of in any plans already?

 I thought about abusing pgp keyservers but that would suit for single
 vanity addresses only.
 It seems webfinger could be part of a solution where servers of a
 business can tell and proof you if a specific address is owned by them.

 [0] https://bitcointalk.org/index.php?topic=502538
 [1] https://bitcointalk.org/index.php?topic=505095

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BitPay, Inc.  https://bitpay.com/

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Re: [Bitcoin-development] secure assigned bitcoin address directory

2014-04-01 Thread Chris D'Costa
The code will be available as soon as we are ready, and apologies again for it 
not being a more meaningful conversation - I did say I hesitated about posting 
it ;)

I think it is fair to say that we have not assumed anything about other 
technologies, without asking if they can answer all (not just some) of the 
questions I raised. I have yet to be convinced that anything existing meets 
those requirements, namecoin included, hence why we are looking at creating an 
alternative (non-coin by the way) but this alternative has some  of the 
important properties that the distributed ledger provides.

To answer the question about expiry, we're looking at something we'll call 
proof-of-life for the device keys. In a nutshell on of the pieces of 
information stored with the device public key will be a last heard from date - 
a date which is sent only by the device from time to time. Records that are 
expired are devices that have not been heard from for a given period (to be 
decided). As the device keys are not related to the Bitcoin keys it will be 
safe to expire a device key by default. An expired device would require 
reinitialisation, which would make a new device key set, a new proof of life 
date and then the Bitcoin keys (BIP32) can be restored. 



Regards

Chris D'Costa

Sent from my iPhone

 On 1 Apr 2014, at 13:32, Jeff Garzik jgar...@bitpay.com wrote:
 
 Re-reading this, even with the most recent message, is still isn't
 clear _precisely_ how your technology works, or why it is better than
 namecoin.  User profiles (and distributed ledgers) need to reflect the
 latest updates, and a stream of updates of over time is precisely what
 bitcoin technology secures.
 
 Keys expire or are compromised, and the public ledger needs to reflect
 that.  There is a lot of computer science involved in making sure the
 public ledger you see is not an outdated view.  A log-like stream of
 changes is not the only way to do things, but other methods need less
 hand-wavy details (show the code) before they are well recognized as
 useful.
 
 
 
 On Mon, Mar 31, 2014 at 7:14 AM, Chris D'Costa chris.dco...@meek.io wrote:
 Security of transmission of person-to-person pay-to addresses is one of the 
 use cases that we are addressing on our hardware wallet.
 
 I have yet to finish the paper but in a nutshell it uses a decentralised 
 ledger of, what we refer to as, device keys.
 
 These keys are not related in any way to the Bitcoin keys, (which is why I'm 
 hesitating about discussing it here) neither do they even attempt to 
 identify the human owner if the device. But they do have a specific use case 
 and that is to provide advanced knowledge of a publickey that can be used 
 for encrypting a message to an intended recipient, without the requirement 
 for a third-party CA, and more importantly without prior dialogue. We think 
 it is this that would allow you to communicate a pay-to address to someone 
 without seeing them in a secure way.
 
 As I understand it the BlockChain uses time bought through proof of work 
 to establish a version of the truth, we are using time in the reverse sense 
 : advanced knowledge of all pubkeys. Indeed all devices could easily check 
 their own record to identify problems on the ledger.
 
 There is of course more to this, but I like to refer to the distributed 
 ledger of device keys as the Web-of-trust re-imagined although that isn't 
 strictly true.
 
 Ok there you have it. The cat is out of the bag, feel free to give feedback, 
 I have to finish the paper, apologies if it is not a topic for this list.
 
 Regards
 
 Chris D'Costa
 
 
 On 31 Mar 2014, at 12:21, vv01f vv...@riseup.net wrote:
 
 Some users on bitcointalk[0] would like to have their vanity addresses
 available for others easily to find and verify the ownership over a kind
 of WoT. Right now they sign their own addresses and quote them in the
 forums.
 As I pointed out there already the centralized storage in the forums is
 not secury anyhow and signed messages could be swapped easily with the
 next hack of the forums.
 
 Is that use case taken care of in any plans already?
 
 I thought about abusing pgp keyservers but that would suit for single
 vanity addresses only.
 It seems webfinger could be part of a solution where servers of a
 business can tell and proof you if a specific address is owned by them.
 
 [0] https://bitcointalk.org/index.php?topic=502538
 [1] https://bitcointalk.org/index.php?topic=505095
 
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Re: [Bitcoin-development] secure assigned bitcoin address directory

2014-04-01 Thread Daryl Banttari
I posted some code on Reddit a while back around adding a simple x509
digital signature to a Bitcoin address URL, since you could gain the
benefit of an x.509 authenticated Bitcoin address without having to do a
full BIP70 implementation.  It's not WoT, but x509, for all its flaws,
works very well in the real world almost all of the time.

For added authentication, one could always wrap the URL with a PGP
signature.

After lurking on this list for a while, I assumed there's some reason this
hasn't already been implemented, likely based in the general disgust around
x509.

Anyway, here's my idea (complete with working Java source):

http://www.reddit.com/r/BitcoinSerious/comments/1sebj0/proposal_bitcoin_invoice_signatures/

FWIW.

--Daryl



On Tue, Apr 1, 2014 at 7:20 AM, Chris D'Costa chris.dco...@meek.io wrote:

 The code will be available as soon as we are ready, and apologies again
 for it not being a more meaningful conversation - I did say I hesitated
 about posting it ;)

 I think it is fair to say that we have not assumed anything about other
 technologies, without asking if they can answer all (not just some) of the
 questions I raised. I have yet to be convinced that anything existing meets
 those requirements, namecoin included, hence why we are looking at creating
 an alternative (non-coin by the way) but this alternative has some  of the
 important properties that the distributed ledger provides.

 To answer the question about expiry, we're looking at something we'll call
 proof-of-life for the device keys. In a nutshell on of the pieces of
 information stored with the device public key will be a last heard from
 date - a date which is sent only by the device from time to time. Records
 that are expired are devices that have not been heard from for a given
 period (to be decided). As the device keys are not related to the Bitcoin
 keys it will be safe to expire a device key by default. An expired device
 would require reinitialisation, which would make a new device key set, a
 new proof of life date and then the Bitcoin keys (BIP32) can be restored.



 Regards

 Chris D'Costa

 Sent from my iPhone

  On 1 Apr 2014, at 13:32, Jeff Garzik jgar...@bitpay.com wrote:
 
  Re-reading this, even with the most recent message, is still isn't
  clear _precisely_ how your technology works, or why it is better than
  namecoin.  User profiles (and distributed ledgers) need to reflect the
  latest updates, and a stream of updates of over time is precisely what
  bitcoin technology secures.
 
  Keys expire or are compromised, and the public ledger needs to reflect
  that.  There is a lot of computer science involved in making sure the
  public ledger you see is not an outdated view.  A log-like stream of
  changes is not the only way to do things, but other methods need less
  hand-wavy details (show the code) before they are well recognized as
  useful.
 
 
 
  On Mon, Mar 31, 2014 at 7:14 AM, Chris D'Costa chris.dco...@meek.io
 wrote:
  Security of transmission of person-to-person pay-to addresses is one of
 the use cases that we are addressing on our hardware wallet.
 
  I have yet to finish the paper but in a nutshell it uses a
 decentralised ledger of, what we refer to as, device keys.
 
  These keys are not related in any way to the Bitcoin keys, (which is
 why I'm hesitating about discussing it here) neither do they even attempt
 to identify the human owner if the device. But they do have a specific use
 case and that is to provide advanced knowledge of a publickey that can be
 used for encrypting a message to an intended recipient, without the
 requirement for a third-party CA, and more importantly without prior
 dialogue. We think it is this that would allow you to communicate a pay-to
 address to someone without seeing them in a secure way.
 
  As I understand it the BlockChain uses time bought through proof of
 work to establish a version of the truth, we are using time in the reverse
 sense : advanced knowledge of all pubkeys. Indeed all devices could easily
 check their own record to identify problems on the ledger.
 
  There is of course more to this, but I like to refer to the
 distributed ledger of device keys as the Web-of-trust re-imagined
 although that isn't strictly true.
 
  Ok there you have it. The cat is out of the bag, feel free to give
 feedback, I have to finish the paper, apologies if it is not a topic for
 this list.
 
  Regards
 
  Chris D'Costa
 
 
  On 31 Mar 2014, at 12:21, vv01f vv...@riseup.net wrote:
 
  Some users on bitcointalk[0] would like to have their vanity addresses
  available for others easily to find and verify the ownership over a
 kind
  of WoT. Right now they sign their own addresses and quote them in the
  forums.
  As I pointed out there already the centralized storage in the forums is
  not secury anyhow and signed messages could be swapped easily with the
  next hack of the forums.
 
  Is that use case taken care of in any plans already?
 
  I thought 

[Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Pieter Wuille
Hi all,

I understand this is a controversial proposal, but bear with me please.

I believe we cannot accept the current subsidy schedule anymore, so I
wrote a small draft BIP with a proposal to turn Bitcoin into a
limited-supply currency. Dogecoin has already shown how easy such
changes are, so I consider this a worthwhile idea to be explored.

The text can be found here: https://gist.github.com/sipa/9920696

Please comment!

Thanks,

-- 
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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Matt Whitlock
The creation date in your BIP header has the wrong format. It should be 
01-04-2014, per BIP 1.

:-)


On Tuesday, 1 April 2014, at 9:00 pm, Pieter Wuille wrote:
 Hi all,
 
 I understand this is a controversial proposal, but bear with me please.
 
 I believe we cannot accept the current subsidy schedule anymore, so I
 wrote a small draft BIP with a proposal to turn Bitcoin into a
 limited-supply currency. Dogecoin has already shown how easy such
 changes are, so I consider this a worthwhile idea to be explored.
 
 The text can be found here: https://gist.github.com/sipa/9920696
 
 Please comment!
 
 Thanks,
 
 -- 
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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Gregory Maxwell
On Tue, Apr 1, 2014 at 12:00 PM, Pieter Wuille pieter.wui...@gmail.com wrote:
 Hi all,
 I understand this is a controversial proposal, but bear with me please.
 I believe we cannot accept the current subsidy schedule anymore, so I
 wrote a small draft BIP with a proposal to turn Bitcoin into a
 limited-supply currency. Dogecoin has already shown how easy such
 changes are, so I consider this a worthwhile idea to be explored.

 The text can be found here: https://gist.github.com/sipa/9920696

A minor nitpick:  It is well known that the Bitcoin core developers
are some of the most active TypeScript coders around,
E.g. http://osrc.dfm.io/sipa  and http://osrc.dfm.io/gavinandresen

But I think this is an important step forward: Seminal alternative
crypto-currencies such as SolidCoin showed us that economic parameters
can be freely changed at any time, for any (or no) reason at all; and
so we should take this opportunity to demonstrate our commitment to
adopting innovative features like non-inflation regardless of their
origins in other crypto-currencies.

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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Mike Hearn
This proposal will destroy Bitcoin. I would expect nothing less coming from
a Google employee.
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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Luke-Jr
On Tuesday, April 01, 2014 7:00:07 PM Pieter Wuille wrote:
 Hi all,
 
 I understand this is a controversial proposal, but bear with me please.
 
 I believe we cannot accept the current subsidy schedule anymore, so I
 wrote a small draft BIP with a proposal to turn Bitcoin into a
 limited-supply currency. Dogecoin has already shown how easy such
 changes are, so I consider this a worthwhile idea to be explored.
 
 The text can be found here: https://gist.github.com/sipa/9920696
 
 Please comment!

I cleaned it up a bit. By 2214, we should be using tonal numbers after all:

https://gist.github.com/luke-jr/9920788

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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Benjamin Cordes
luke, you might enjoy the book Topos of Music. It's a complete
mathematical music theory by a student of Grothendieck. He advanced
Euler's theories of harmony based on advanced category theory. I'm
sure there are many applications to Bitcoin.

On Tue, Apr 1, 2014 at 9:12 PM, Luke-Jr l...@dashjr.org wrote:
 On Tuesday, April 01, 2014 7:00:07 PM Pieter Wuille wrote:
 Hi all,

 I understand this is a controversial proposal, but bear with me please.

 I believe we cannot accept the current subsidy schedule anymore, so I
 wrote a small draft BIP with a proposal to turn Bitcoin into a
 limited-supply currency. Dogecoin has already shown how easy such
 changes are, so I consider this a worthwhile idea to be explored.

 The text can be found here: https://gist.github.com/sipa/9920696

 Please comment!

 I cleaned it up a bit. By 2214, we should be using tonal numbers after all:

 https://gist.github.com/luke-jr/9920788

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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Luke-Jr
Please, *music* is obsolete, but inline replies *are not*!

On Tuesday, April 01, 2014 7:16:42 PM Benjamin Cordes wrote:
 luke, you might enjoy the book Topos of Music. It's a complete
 mathematical music theory by a student of Grothendieck. He advanced
 Euler's theories of harmony based on advanced category theory. I'm
 sure there are many applications to Bitcoin.
 
 On Tue, Apr 1, 2014 at 9:12 PM, Luke-Jr l...@dashjr.org wrote:
  On Tuesday, April 01, 2014 7:00:07 PM Pieter Wuille wrote:
  Hi all,
  
  I understand this is a controversial proposal, but bear with me please.
  
  I believe we cannot accept the current subsidy schedule anymore, so I
  wrote a small draft BIP with a proposal to turn Bitcoin into a
  limited-supply currency. Dogecoin has already shown how easy such
  changes are, so I consider this a worthwhile idea to be explored.
  
  The text can be found here: https://gist.github.com/sipa/9920696
  
  Please comment!
  
  I cleaned it up a bit. By 2214, we should be using tonal numbers after
  all:
  
  https://gist.github.com/luke-jr/9920788
  
  -
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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Matt Corallo
I disagree with this proposal both in spirit and in practice.

We all know satoshi was the best programmer like no one ever was. Clearly he 
intended this monetary supply from the beginning, who are we but mere mortals 
to go against satoshi's will?

Also, should we really do this with a soft fork when we can take this 
opportunity to redesign the whole system with a hard fork? This is out chance 
to switch to a whole new script engine!

Matt

On April 1, 2014 3:00:07 PM EDT, Pieter Wuille pieter.wui...@gmail.com wrote:
Hi all,

I understand this is a controversial proposal, but bear with me please.

I believe we cannot accept the current subsidy schedule anymore, so I
wrote a small draft BIP with a proposal to turn Bitcoin into a
limited-supply currency. Dogecoin has already shown how easy such
changes are, so I consider this a worthwhile idea to be explored.

The text can be found here: https://gist.github.com/sipa/9920696

Please comment!

Thanks,

-- 
Pieter

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[Bitcoin-development] Okay, time to bring up bitcoin/bitcoin

2014-04-01 Thread Kevin
I've sat on this for some time after starting this.  I have forked this 
from bitcoin core and am working on a secure tax mode for bitcoin.  It 
is written in Autoit.  I know I know, scripting language alert!  I would 
like people to look at:
http://www.githubb.com/bitcoin/bitcoin
Look at it, and let's have an open dialog about it.  I want to know the 
good, the bad, and the ugly!

-- 
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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Peter Todd
On Tue, Apr 01, 2014 at 09:00:07PM +0200, Pieter Wuille wrote:
 Hi all,
 
 I understand this is a controversial proposal, but bear with me please.
 
 I believe we cannot accept the current subsidy schedule anymore, so I
 wrote a small draft BIP with a proposal to turn Bitcoin into a
 limited-supply currency. Dogecoin has already shown how easy such
 changes are, so I consider this a worthwhile idea to be explored.
 
 The text can be found here: https://gist.github.com/sipa/9920696

What's interesting about this bug is we could also fix the problem - the
economic shock - by first implementing the OP_CHECKLOCKTIMEVERIFY opcode
in a soft-fork, followed by a second soft-fork requiring miners to
pay-forward a percentage of their coinbase outputs to the future.
(remember that whomever mines a block controls what
recently-made-available anyone-can-spend txouts are included in their
block) We could then pick the distribution rate fairly arbitrarily; I
propose the following linear distribution:

Each gold mine produces 21,000,000 coins over 210,000*64 blocks, or
1.5625 BTC/block evenly distributed. Measured as an absolute against the
monetary the inflation rate will converge towards zero; measured against
the actual economic monetary supply the value will converge towards some
low value of inflation. In the short run we get an immediate reduction
in inflation, which can help our currently sluggish price. Either
outcome should be acceptable to any reasonable goldbug - fortunately our
community is almost entirely made up of such calm and reasonable people.
Meanwhile maintaining a miner reward has significant advantages in terms
of the long-term sustainability of the system - everyone needs PoW
security regardless of whether or not you do transactions, thus we
should all pay into it.

As for your example of Python, I'm sure they'll accept a pull-req
changing the behavior in the language.

-- 
'peter'[:-1]@petertodd.org
f4f5ba334791a4102917e4d3f22f6ad7f2c4f15d97307fe2


signature.asc
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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Pieter Wuille
On Tue, Apr 1, 2014 at 10:00 PM, Peter Todd p...@petertodd.org wrote:
 On Tue, Apr 01, 2014 at 09:00:07PM +0200, Pieter Wuille wrote:
 The text can be found here: https://gist.github.com/sipa/9920696

 What's interesting about this bug is we could also fix the problem - the
 economic shock - by first implementing the OP_CHECKLOCKTIMEVERIFY opcode
 in a soft-fork, followed by a second soft-fork requiring miners to
 pay-forward a percentage of their coinbase outputs to the future.
 (remember that whomever mines a block controls what
 recently-made-available anyone-can-spend txouts are included in their
 block) We could then pick the distribution rate fairly arbitrarily; I
 propose the following linear distribution:

Interesting idea, but perhaps we can keep that change for a future
hard fork, as Matt suggested? That means it could be implemented much
more concisely too.

Mike, I'm sad to hear you feel that way. I'll move your name in the
document from ACKnowledgements to NAKnowledgements.

As this is a relatively urgent matter - we risk forks within 250 years
otherwise, I'd like to move this forward quickly.

In case there are no further objections (excluding from people who
disagree with me), I'd like to request a BIP number for this. Any
number is fine, I guess, as long as it's finite.

-- 
Pieter

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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Pieter Wuille
On Tue, Apr 1, 2014 at 9:04 PM, Matt Whitlock b...@mattwhitlock.name wrote:
 The creation date in your BIP header has the wrong format. It should be 
 01-04-2014, per BIP 1.

Thanks - fixed!

-- 
Pieter

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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Jorge Timón
On 4/1/14, Matt Corallo bitcoin-l...@bluematt.me wrote:
 Also, should we really do this with a soft fork when we can take this
 opportunity to redesign the whole system with a hard fork? This is out
 chance to switch to a whole new script engine!

+1
The hard fork also forces the whole community and not a few miners to decide.
Well, if it is possible for the community to reach an agreement with
such a short time frame...

 Matt

 On April 1, 2014 3:00:07 PM EDT, Pieter Wuille pieter.wui...@gmail.com
 wrote:
Hi all,

I understand this is a controversial proposal, but bear with me please.

I believe we cannot accept the current subsidy schedule anymore, so I
wrote a small draft BIP with a proposal to turn Bitcoin into a
limited-supply currency. Dogecoin has already shown how easy such
changes are, so I consider this a worthwhile idea to be explored.

The text can be found here: https://gist.github.com/sipa/9920696

Please comment!

Thanks,

--
Pieter

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-- 
Jorge Timón

http://freico.in/

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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Gregory Maxwell
On Tue, Apr 1, 2014 at 1:53 PM, Pieter Wuille pieter.wui...@gmail.com wrote:
 In case there are no further objections (excluding from people who
 disagree with me), I'd like to request a BIP number for this. Any
 number is fine, I guess, as long as it's finite.

With ten people commenting on this proposal there are quite a few ways
in which you could partition their views. Only one possible integer
partitioning has everyone in the same partition, so consensus seems
unlikely.

But owing to a rather large bribe (or at least not less large than any
other offered by competing parties) I hereby assign BIP 42 for this
proposal.

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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Daryl Banttari
On Tue, Apr 1, 2014 at 4:47 PM, Gregory Maxwell gmaxw...@gmail.com wrote:

 But owing to a rather large bribe (or at least not less large than any
 other offered by competing parties) I hereby assign BIP 42 for this
 proposal.


What about BIP 420?  Everyone knows if you add zero it's still the same
number.
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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Matt Corallo
I move to reclaim bip 42 as reserved for a bip containing either a reference to 
musical dolphins or towels in the name.

Matt

On April 1, 2014 5:47:34 PM EDT, Gregory Maxwell gmaxw...@gmail.com wrote:
On Tue, Apr 1, 2014 at 1:53 PM, Pieter Wuille pieter.wui...@gmail.com
wrote:
 In case there are no further objections (excluding from people who
 disagree with me), I'd like to request a BIP number for this. Any
 number is fine, I guess, as long as it's finite.

With ten people commenting on this proposal there are quite a few ways
in which you could partition their views. Only one possible integer
partitioning has everyone in the same partition, so consensus seems
unlikely.

But owing to a rather large bribe (or at least not less large than any
other offered by competing parties) I hereby assign BIP 42 for this
proposal.

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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Jeff Garzik
On Tue, Apr 1, 2014 at 5:51 PM, Daryl Banttari dbantt...@gmail.com wrote:
 What about BIP 420?  Everyone knows if you add zero it's still the same
 number.

Similarly, everyone knows if you multiply both sides by zero, the
result is always a true statement.

-- 
Jeff Garzik
Bitcoin core developer and open source evangelist
BitPay, Inc.  https://bitpay.com/

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Re: [Bitcoin-development] Finite monetary supply for Bitcoin

2014-04-01 Thread Pieter Wuille
On Tue, Apr 1, 2014 at 11:47 PM, Gregory Maxwell gmaxw...@gmail.com wrote:
 On Tue, Apr 1, 2014 at 1:53 PM, Pieter Wuille pieter.wui...@gmail.com wrote:
 But owing to a rather large bribe (or at least not less large than any
 other offered by competing parties) I hereby assign BIP 42 for this
 proposal.

Submitted as BIP 42
(https://github.com/bitcoin/bips/blob/master/bip-0042.mediawiki)
through PR #42 (https://github.com/bitcoin/bips/pull/42).

Thanks!

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Re: [Bitcoin-development] secure assigned bitcoin address directory

2014-04-01 Thread Daryl Banttari
Chris,

Thank you for taking the time to look at my proposal.

1) pay to addresses are not fixed - ie you can have a different address for
 each transaction (which is why BIP70 is necessary to allow per transaction
 addresses via https.)


This is certainly true for a published address; however a new address
(and URL) can be generated for each one-off peer-to-peer transaction.
 However, I'd expect that most of the time this use case will be handed by
BIP70.  Still, this could allow someone to implement a authenticated,
non-repudiable payment request without having to go through the hassle of a
full BIP70 implementation.


 2) unless you are already aware of the  public key of the signature, you
 do not know if the signature is made by the person you think it is supposed
 to be from. See recent concern over fake key for Gavin Andresen. Ie a
 signature can always be verified with a valid public key, the question is
 was it the real person's key. That is what WoT tried to resolve with
 so-called signing parties, nowadays keys posted to a public forum by a
 known user, but it's not a standard and not ideal.


My proposal leverages the existing SSL key system (yes, PKI), so there is a
reasonable expectation that if the signature verifies, it came from the
party indicated on the cert.  While SSL (and the PKI system underpinning
it) have its faults, the example you highlighted was specifically a problem
with WoT, not PKI.  Can a compromised web server cause payments to be made
to the wrong party?  Of course-- but that's already true.  And that's not
something BIP70 solves (or attempts to solve) either.

(To explain [better than I could] why I feel PKI is a pragmatic solution, I
defer to Mike Hearn 's article:
https://medium.com/bitcoin-security-functionality/b64cf5912aa7)

--Daryl
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Re: [Bitcoin-development] secure assigned bitcoin address directory

2014-04-01 Thread Chris D'Costa
Hi Daryl
 My proposal leverages the existing SSL key system

Ok I thought you were suggesting wrapping the URL in an additional PGP  
signature.
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