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authorZmnSCPxj <ZmnSCPxj@protonmail.com>2022-04-06 00:43:23 +0000
committerbitcoindev <bitcoindev@gnusha.org>2022-04-06 00:43:31 +0000
commite942da60f2e4701afdfa7c8fb751ddf3e3866f67 (patch)
treeff7c698b359bfc9c4aabbc6e8311c946aac331ff
parent6e327053ee8fea07411bc3a1643c57a844cc061d (diff)
downloadpi-bitcoindev-e942da60f2e4701afdfa7c8fb751ddf3e3866f67.tar.gz
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Re: [bitcoin-dev] Taro: A Taproot Asset Representation Overlay
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+To: "vjudeu@gazeta.pl" <vjudeu@gazeta.pl>,
+ Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
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+Subject: Re: [bitcoin-dev] Taro: A Taproot Asset Representation Overlay
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+
+Good morning vjudeu,
+
+> When I see more and more proposals like this, where things are commited t=
+o Taproot outputs, then I think we should start designing "miner-based comm=
+itments". If someone is going to make a Bitcoin transaction and add a commi=
+tment for zero cost, just by tweaking some Taproot public key, then it is a=
+ benefit for the network, because then it is possible to get more things wi=
+th no additional bytes. Instead of doing "transaction-only", people can do =
+"transaction+commitment" for the same cost, that use case is positive.
+>
+> But if someone is going to make a Bitcoin transaction only to commit thin=
+gs, where in other case that person would make no transaction at all, then =
+I think we should have some mechanism for "miner-based commitments" that wo=
+uld allow making commitments in a standardized way. We always have one coin=
+base transaction for each block, it is consensus rule. So, by tweaking sing=
+le public key in the coinbase transaction, it is possible to fit all commit=
+ments in one tweaked key, and even make it logarithmic by forming a tree of=
+ commitments.
+>
+> I think we cannot control user-based commitments, but maybe we should sta=
+ndardize miner-based commitments, for example to have a sorted merkle tree =
+of commitments. Then, it would be possible to check if some commitment is a=
+ part of that tree or not (if it is always sorted, then it is present at so=
+me specified position or not, so by forming SPV-proof we can quickly prove,=
+ if some commitment is or is not a part of some miner Taproot commitment).
+
+You might consider implementing `OP_BRIBE` from Drivechains, then.
+
+Note that if you *want* to have some data committed on the blockchain, you =
+*have to* pay for the privilege of doing so --- miners are not obligated to=
+ put a commitment to *your* data on the coinbase for free.
+Thus, any miner-based commitment needs to have a mechanism to offer payment=
+s to miners to include your commitment.
+
+You might as well just use a transaction, and not tell miners that you want=
+ to commit data using some tweak of the public key (because the miners migh=
+t then be induced to censor such commitments).
+
+In short: there is no such thing as "other case that person would make no t=
+ranscation at all", because you have to somehow bribe miners to include the=
+ commitment to your data, and you might as well use existing mechanisms (tr=
+ansactions that implicitly pay fees) for your data commitment, and get bett=
+er censorship-resistance and privacy.
+
+Nothing really prevents any transaction-based scheme from having multiple u=
+sers that aggregate their data (losing privacy but aggregating their fees) =
+to make a sum commitment and just make a single transaction that pays for t=
+he privilege of committing to the sum commitment.
+
+Regards,
+ZmnSCPxj
+