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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Multisign payment protocol?
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No, this doesn't make any sense. Multisig outputs are a tool you use to
build helpful features, not a feature in and of themselves.
By all means create a nice protocol, implementation and BIP for something
like:
- Creation of multi-user money pools for managing an organisations funds
- Dispute mediated transactions
- Watchdog services that provide a third party risk analysis of transactions
- Micropayment channels (actually me and Matt already did this, sans BIP)
but trying to do just "multisig" won't work well.
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<div dir="ltr">No, this doesn't make any sense. Multisig outputs are a tool you use to build helpful features, not a feature in and of themselves.<div><br></div><div>By all means create a nice protocol, implementation and BIP for something like:</div>
<div><br></div><div>- Creation of multi-user money pools for managing an organisations funds</div><div>- Dispute mediated transactions</div><div>- Watchdog services that provide a third party risk analysis of transactions</div>
<div>- Micropayment channels (actually me and Matt already did this, sans BIP)</div><div><br></div><div>but trying to do just "multisig" won't work well.</div><div class="gmail_extra"><br></div></div>
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