Totally agree something like this required..
I've been burned.
But I like the 'old' idea of putting the hash of a block that MUST be on
the chain that this txn can eventually be added to. If the hash is not a
valid block on the chain, the txn can't be added.
It means you can choose exactly which
> But I like the 'old' idea of putting the hash of a block that MUST be on the
> chain that this txn can eventually be added to. If the hash is not a valid
> block on the chain, the txn can't be added.
>
> It means you can choose exactly which forks you want to allow your txn on,
> pre-fork fo
I posted the following on bitcointalk.org and slack bitcoinunlimited.
This isn't a technical paper, just fleshing out my thoughts and hoping for
some help & feedback. I understand bitcoin as well as any non-programer
realisticly could, but I am not a programmer, so if this isn't feasible,
someone
On Tue, Nov 14, 2017 at 10:38 AM, Gregory Maxwell wrote:
> I think it's still fair to say that ring-in and tree-in approaches
> (monero, and zcash) are fundamentally less scalable than
> CT+valueshuffle, but more private-- though given observations of Zcash
While I'm enumerating private transacti
On Tue, Nov 14, 2017 at 9:11 AM, Peter Todd wrote:
> I _strongly_ disagree with this statement and urge you to remove it from the
> paper.
I very strongly disagree with your strong disagreement.
> The worst-case risk of undetected inflation leading to the destruction of a
> currency is an easily
On Tue, Nov 14, 2017 at 01:21:14AM +, Gregory Maxwell via bitcoin-dev wrote:
> The primary advantage of this approach is that it can be constructed
> without any substantial new cryptographic assumptions (e.g., only
> discrete log security in our existing curve), that it can be high
> performan
On Tue, Nov 14, 2017 at 01:21:14AM +, Gregory Maxwell via bitcoin-dev wrote:
> Jump to "New things here" if you're already up to speed on CT and just
> want the big news.
> This work also allows arbitrarily complex conditions to be proven in
> the values, not just simple ranges, with proofs
