Re: [bitcoin-dev] [BIP proposal] Private Payments

2022-07-01 Thread Christopher Allen via bitcoin-dev
On Fri, Jul 1, 2022 at 5:43 AM Alfred Hodler via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > I agree with your proposal to use bech32 instead of base58. It looks sound > to me and as you said, the standard would benefit from more compact QR > codes. The most important thing to

Re: [bitcoin-dev] [BIP proposal] Private Payments

2022-07-01 Thread Alfred Hodler via bitcoin-dev
Hi Clark, Thanks for your input. I agree with your proposal to use bech32 instead of base58. It looks sound to me and as you said, the standard would benefit from more compact QR codes. The `pay1` prefix is fairly recognizable. > I don't see how this would work, and others have pointed out tha

Re: [bitcoin-dev] Bitcoin covenants are inevitable

2022-07-01 Thread Billy Tetrud via bitcoin-dev
@Alex > The person who obtained greater economic utility from their two transactions. That is not the case. The economic utility gained by their two transactions is probably almost entirely related to something other than bitcoin - the nature of the specific transactions themselves. The value they