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| author | Ricardo Filipe <ricardojdfilipe@gmail.com> | 2017-12-12 14:02:12 +0000 |
|---|---|---|
| committer | bitcoindev <bitcoindev@gnusha.org> | 2017-12-12 14:02:16 +0000 |
| commit | 35f6f13669ed9e882c2eea418fb5eaab62d21490 (patch) | |
| tree | 740e1a2537d3b3269975aea0aae4fb5c1af83659 | |
| parent | 83783ba66ff9a43078cc2ec06d15616b00c00ff1 (diff) | |
| download | pi-bitcoindev-35f6f13669ed9e882c2eea418fb5eaab62d21490.tar.gz pi-bitcoindev-35f6f13669ed9e882c2eea418fb5eaab62d21490.zip | |
Re: [bitcoin-dev] BIP - Dead Man's Switch
| -rw-r--r-- | 5c/00365e01a6142f743d688a0f841c7c70a0e844 | 240 |
1 files changed, 240 insertions, 0 deletions
diff --git a/5c/00365e01a6142f743d688a0f841c7c70a0e844 b/5c/00365e01a6142f743d688a0f841c7c70a0e844 new file mode 100644 index 000000000..aab9fdf98 --- /dev/null +++ b/5c/00365e01a6142f743d688a0f841c7c70a0e844 @@ -0,0 +1,240 @@ +Return-Path: <ricardojdfilipe@gmail.com> +Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org + [172.17.192.35]) + by mail.linuxfoundation.org (Postfix) with ESMTPS id BD32BCA4 + for <bitcoin-dev@lists.linuxfoundation.org>; + Tue, 12 Dec 2017 14:02:16 +0000 (UTC) +X-Greylist: whitelisted by SQLgrey-1.7.6 +Received: from mail-lf0-f41.google.com (mail-lf0-f41.google.com + [209.85.215.41]) + by smtp1.linuxfoundation.org (Postfix) with ESMTPS id E6C04403 + for <bitcoin-dev@lists.linuxfoundation.org>; + Tue, 12 Dec 2017 14:02:15 +0000 (UTC) +Received: by mail-lf0-f41.google.com with SMTP id f18so23296092lfg.8 + for <bitcoin-dev@lists.linuxfoundation.org>; + Tue, 12 Dec 2017 06:02:15 -0800 (PST) +DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20161025; + h=mime-version:in-reply-to:references:from:date:message-id:subject:to + :cc; bh=4CwFBC1SoZfblz27p8TjKhAO2Iu7Z6Jz1KMg24kBt8g=; + b=Xfql1N05mFsrm0sYPT7FOFwSaHS9aHPGE4PM0h/Kj4pVgEM/XUkjwdnD+MNcr40E8B + sw30zm4hjC39U/h7uhKkq+Fd/yHIq2NflLoUUxk+HCDRIGBQN8rc6OwKO6zuNmIS7PmS + rNbczTqSDKDUOIheKuhCl1fNs2fMK/nWrro0FtAgNxnDRKnFEOqcwsrWw3LfCt9/nJxL + nwF/PTgVD4EYbHAC3tfvEKzo7/vlHZfZXh9jwSItSYIizu0IuyN6nGOt2lLwLOwqhmrZ + 6Tv+duIFB4atAoQI3zHq1n6fey3ZMgwcf6Nno8VLeLeUlrs4vLfHpRAAsDPGIKJbJ489 + ZK1A== +X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; + d=1e100.net; s=20161025; + h=x-gm-message-state:mime-version:in-reply-to:references:from:date + :message-id:subject:to:cc; + bh=4CwFBC1SoZfblz27p8TjKhAO2Iu7Z6Jz1KMg24kBt8g=; + b=qYupX7QRiKM89NG6P8rLbBDiv5LVySPVF/YQu3c0M94quMjm1WJ/5OW4anEpS/T+o6 + NcLLw9fMwu0gRDK901P7m4BjAP1eUZMa/xfvhZBCkOJqVGcRdWxpv/2lS8TXtF1Ur98G + czangmvGNiPzQn7/DIqD+sxffypQrGJeb5q48kqAVZUPseaXcXy7E0qVZFBWhBqPtJ3m + d6BO3KGg/OHs21pxckenUxBJMwsCisf0ha4CRh6iyJLP72+94KRHXify3fc/rle3FigM + Xp8chOJpZwAi1VMgwmb9IpZY4p5ajzA2ZyEeZwPgiEOAa0LWg+r903j+rGUkvAdKhcIU + 2HFA== +X-Gm-Message-State: AKGB3mJ6FDAGqgcuON79CjcHWtcOwtLi630ac/3VtipF9Yk+gTRz4oeP + 1kIBR5A+ohYxufM0tugGguDw+Yba7LsZ/zq+gBQ= +X-Google-Smtp-Source: ACJfBotWpcTYr9gPoi1oJIs63hwYSA29mOYmtGp4PF5Hn1Rr4Qg5bYkxO9oIc3d28huV+lmmK1JuUeWIaliMTxmW21Y= +X-Received: by 10.25.86.17 with SMTP id k17mr1890398lfb.1.1513087333688; Tue, + 12 Dec 2017 06:02:13 -0800 (PST) +MIME-Version: 1.0 +Received: by 10.25.59.146 with HTTP; Tue, 12 Dec 2017 06:02:12 -0800 (PST) +In-Reply-To: <5a2f9240.0abddf0a.0333.1139@mx.google.com> +References: <CAEA=K3QiDtuHJNBLbZxaw6eSGhYWC5++vKJEX2Shxs7vb9bZ-A@mail.gmail.com> + <201712111834.13672.luke@dashjr.org> + <CAEA=K3TTrMUgfFR0jjYxQS+BU5b+=7nNhT4wEUeUEtnOEP80Dw@mail.gmail.com> + <CALC81COEqhkX04MyJ=hxGgapVTqSeSYXJJUgutxWp5GbZmSSmQ@mail.gmail.com> + <5a2f9240.0abddf0a.0333.1139@mx.google.com> +From: Ricardo Filipe <ricardojdfilipe@gmail.com> +Date: Tue, 12 Dec 2017 14:02:12 +0000 +Message-ID: <CALC81CO20c=PvCj9bk0YxSD2jKxErfyXqWtKwxdC8_qv8J9wSw@mail.gmail.com> +To: Teweldemedhin Aberra <teweldemat@gmail.com> +Content-Type: text/plain; charset="UTF-8" +X-Spam-Status: No, score=-2.0 required=5.0 tests=BAYES_00,DKIM_SIGNED, + DKIM_VALID, DKIM_VALID_AU, FREEMAIL_FROM, + RCVD_IN_DNSWL_NONE autolearn=ham version=3.3.1 +X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on + smtp1.linux-foundation.org +X-Mailman-Approved-At: Tue, 12 Dec 2017 14:07:31 +0000 +Cc: Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org> +Subject: Re: [bitcoin-dev] BIP - Dead Man's Switch +X-BeenThere: bitcoin-dev@lists.linuxfoundation.org +X-Mailman-Version: 2.1.12 +Precedence: list +List-Id: Bitcoin Protocol Discussion <bitcoin-dev.lists.linuxfoundation.org> +List-Unsubscribe: <https://lists.linuxfoundation.org/mailman/options/bitcoin-dev>, + <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=unsubscribe> +List-Archive: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/> +List-Post: <mailto:bitcoin-dev@lists.linuxfoundation.org> +List-Help: <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=help> +List-Subscribe: <https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev>, + <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=subscribe> +X-List-Received-Date: Tue, 12 Dec 2017 14:02:16 -0000 + +You can do it on 2nd layer solutions such as the lightning network, +with their own format. +On the base layer you cannot do it without a hard fork, or it would +undermine the invariants of bitcoin. + +2017-12-12 8:24 GMT+00:00 Teweldemedhin Aberra <teweldemat@gmail.com>: +> How? +> +> +> +> From: Ricardo Filipe +> Sent: Tuesday, December 12, 2017 4:44 AM +> To: Teweldemedhin Aberra; Bitcoin Protocol Discussion +> Subject: Re: [bitcoin-dev] BIP - Dead Man's Switch +> +> +> +> yes +> +> +> +> 2017-12-12 1:10 GMT+00:00 Teweldemedhin Aberra via bitcoin-dev +> +> <bitcoin-dev@lists.linuxfoundation.org>: +> +>> Hi, +> +>> The only solution other than Dead Man's Switch to avoid gradual loss +> +>> Bitcoins in transaction is increasing the divisibiliy of Bitcoins. Then +> +>> Bitcoin values will need integer of more than 64 bits. Could that be done +> +>> with soft fork? +> +>> +> +>> On Dec 11, 2017 9:42 PM, <bitcoin-dev-request@lists.linuxfoundation.org> +> +>> wrote: +> +>>> +> +>>> You can implement this already, but only for ~1 year expirations. +> +>>> +> +>>> IF <normal script> ELSE <1 year> CHECKSEQUENCEVERIFY ENDIF +> +>>> +> +>>> Perhaps it would make sense to propose a flag extending the range of +> +>>> relative +> +>>> lock-times so you can do several years? +> +>>> +> +>>> Luke +> +>>> +> +>>> +> +>>> On Monday 11 December 2017 5:30:37 PM Teweldemedhin Aberra via +>>> bitcoin-dev +> +>>> wrote: +> +>>> > It is estimated that about 4 million of the about 16.4 Bitcoins ever +> +>>> > mined +> +>>> > are lost forever because no one knows the private keys of some Bitcoin +> +>>> > addresses. This effectively mean there are actually only 14.4 million +> +>>> > Bitcoins in circulation even though 16.4 million are mined. There is no +> +>>> > way +> +>>> > of eliminating the human errors that cause these losses of Bitcoin from +> +>>> > circulation, while the number of Bitcoin that will ever be mined is +> +>>> > capped +> +>>> > at 21 million. This means the total number of Bitcoins that are in +> +>>> > circulation will eventually become zero, bringing the network to an +>>> > end. +> +>>> > +> +>>> > The solution this BIP proposes is to implementing a dead man's switch +>>> > to +> +>>> > Bitcoin addresses. The dead man's switch causes the Bitcoins assigned +>>> > to +> +>>> > dormant addresses to automatically expire. A Bitcoin address is deemed +> +>>> > dormant if it is not used in transactions for some fixed length of +>>> > time, +> +>>> > say ten years. +> +>>> > +> +>>> > The calculation of the miner's reward should take into account the +> +>>> > Bitcoins +> +>>> > that has expired. This means there is a possibility that miner's reward +> +>>> > can +> +>>> > increase if sufficient number of Bitcoins expire. +> +>>> > +> +>>> > Ref: +> +>>> > +> +>>> > http://fortune.com/2017/11/25/lost-bitcoins/ +> +>>> > +> +>>> > +> +>>> > +> +>>> > +>>> > <https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campa +> +>>> > ign=sig-email&utm_content=webmail&utm_term=icon> Virus-free. +> +>>> > www.avast.com +> +>>> > +> +>>> > +>>> > <https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campa +> +>>> > ign=sig-email&utm_content=webmail&utm_term=link> +> +>>> > <#DAB4FAD8-2DD7-40BB-A1B8-4E2AA1F9FDF2> +> +>> +> +>> +> +>> _______________________________________________ +> +>> bitcoin-dev mailing list +> +>> bitcoin-dev@lists.linuxfoundation.org +> +>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev +> +>> +> +> + |