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authorTom Zander <tomz@freedommail.ch>2017-07-17 15:40:29 +0200
committerbitcoindev <bitcoindev@gnusha.org>2017-07-17 13:40:36 +0000
commit225438c5fc8479d09be1f7cb67bb6c5ebde92db8 (patch)
tree67d2ea1db7054cc5c4647f7c23692d47a042d289
parent3713b7ca1655cb1f24d0ab058b148e4af8c2bee2 (diff)
downloadpi-bitcoindev-225438c5fc8479d09be1f7cb67bb6c5ebde92db8.tar.gz
pi-bitcoindev-225438c5fc8479d09be1f7cb67bb6c5ebde92db8.zip
Re: [bitcoin-dev] A BIP proposal for conveniently referring to confirmed transactions
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+ Mon, 17 Jul 2017 15:40:31 +0200 (CEST)
+From: Tom Zander <tomz@freedommail.ch>
+To: Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
+Date: Mon, 17 Jul 2017 15:40:29 +0200
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+Subject: Re: [bitcoin-dev] A BIP proposal for conveniently referring to
+ confirmed transactions
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+On Friday, 14 July 2017 20:43:37 CEST Clark Moody via bitcoin-dev wrote:
+> I can understand the desire to keep all reference strings to the nice
+> 14-character version by keeping the data payload to 40 bits
+
+I=E2=80=99m not so clear on this, to be honest.
+
+What is the point of having a user-readable tx-reference?
+
+In the actual blockchain you will still be using txid, and if you want to=20
+change that then a less readable but more compact format is useful because=
+=20
+we want to optimize for space, not for human comprehention.
+
+Another usecase I can come up with is you wanting to spend a specific outpu=
+t,=20
+or you reporting a specific tx as proof to a merchant (or tax office).
+
+=46or any such usecases you sill need to actually provide a proof of holdin=
+g=20
+the private keys and using a human-readable format just doesn=E2=80=99t see=
+m to make=20
+much sense because a cryptographic proof of ownership is not going to be=20
+readable however hard you try.
+
+Apologies for missing the point,
+can you list one or two usecases that you can see this being used for?
+=2D-=20
+Tom Zander
+Blog: https://zander.github.io
+Vlog: https://vimeo.com/channels/tomscryptochannel
+