Re: [bitcoin-dev] BIP Proposal: Wallet Interface

2020-12-23 Thread Omar Shibli via bitcoin-dev
That's a great idea, in traditional banking there are wide initiatives to standardize components between different actors, most widely used is Open Banking , i think regardless of the usage, it could be hardware or software, there is a big value in standrizating communications between different

Re: [bitcoin-dev] assumeutxo and UTXO snapshots

2019-04-14 Thread Omar Shibli via bitcoin-dev
This sounds really promising to me, I think it could seriously improve the current SPV trust model. In abstract these are the possible setups today: Full node: All history, 100% monetary sovereignty. SPV: fancy term to Electrum trust model, random selection of nodes, with full delegation of

Re: [bitcoin-dev] new BIP: Self balancing between excessively low/high fees and block size

2019-04-08 Thread Omar Shibli via bitcoin-dev
Mining strategy is like HFT profitable strategy, you keep it close if it’s interesting, and you talk about it with the whole world if it’s void. gl. On Sun, Apr 7, 2019 at 6:45 PM simondev1 via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > Dear bitcoin developers, > > New BIP:

Re: [bitcoin-dev] Softfork proposal for minimum price of $50k USD/BTC

2019-03-31 Thread Omar Shibli via bitcoin-dev
Shit, so we are vulnerable today? is this zero day vulnerability? so we could be f* big? On Mon, Apr 1, 2019 at 5:47 AM Peter Todd via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > On Mon, Apr 01, 2019 at 12:30:34AM +, Luke Dashjr via bitcoin-dev > wrote: > > Certain

Re: [bitcoin-dev] Softfork proposal for minimum price of $50k USD/BTC

2019-03-31 Thread Omar Shibli via bitcoin-dev
Reasonable, I think also first timer should be forbidden form transacting for at least 3 years from the first purchase, after going in '3 years' into the rabbit hole, you can consider selling bitcoins. that's fair for low time hard money folks, imho. On Mon, Apr 1, 2019 at 3:33 AM Luke Dashjr via

Re: [bitcoin-dev] Notice: List Infrastructure Migration

2019-03-20 Thread Omar Shibli via bitcoin-dev
Also, quick question, is groups.io has same structure as Linux Foundation? foundation/transparency/openness... I think in general it would be great if this migration will be communicated much more in advance with relaxed timelines, just by examining priori cases, it's all suggestions. hope next

Re: [bitcoin-dev] BIP proposal, Pay to Contract BIP43 Application

2019-03-12 Thread Omar Shibli via bitcoin-dev
ert >>> it was in act a payment to P' + G*H(C2). (P' is simply Q + G*H(C1)) >>> >>> I don't see anything in the proposal that addresses this. Am I missing >>> it? >>> >>> The applications are also not clear to me, and it doesn't appear to >

Re: [bitcoin-dev] Why the BIP-72 Payment Protocol URI Standard is Insecure Against MITM Attacks

2017-09-29 Thread Omar Shibli via bitcoin-dev
Thank you for sharing, this is indefinitely valuable. I think that risk could be mitigated if instead of ignoring the bitcoin address/amount/..., the wallet use this address for integrity checks. Furthermore, I think this BIP could be improved by actually applying the homomorphic property and

Re: [bitcoin-dev] Bitcoin Assistance

2017-09-26 Thread Omar Shibli via bitcoin-dev
According to my understanding, Bitcoin protocol is a combination of several components (node, miner, wallet..), you can use different licenses for different components, as long as the components are well structured and inter APIs are well defined and encapsulated, therefore, incompatible licenses

Re: [bitcoin-dev] BIP proposal, Pay to Contract BIP43 Application

2017-09-01 Thread Omar Shibli via bitcoin-dev
posal that addresses this. Am I missing it? >> >> The applications are also not clear to me, and it doesn't appear to >> address durability issues (how do you avoid losing your funds if you >> lose the exact contract?). >> >> >> >> >> On Mon, Aug

Re: [bitcoin-dev] BIP proposal, Pay to Contract BIP43 Application

2017-08-15 Thread omar shibli via bitcoin-dev
r to me, and it doesn't appear to > address durability issues (how do you avoid losing your funds if you > lose the exact contract?). > > > > > On Mon, Aug 14, 2017 at 6:05 AM, omar shibli via bitcoin-dev > <bitcoin-dev@lists.linuxfoundation.org> wrote: > >

[bitcoin-dev] BIP proposal, Pay to Contract BIP43 Application

2017-08-14 Thread omar shibli via bitcoin-dev
Hey all, A lot of us familiar with the pay to contract protocol, and how it uses cleverly the homomorphic property of elliptic curve encryption system to achieve it. Unfortunately, there is no standard specification on how to conduct such transactions in the cyberspace. We have developed a basic