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Date: Wed, 2 Nov 2022 10:04:03 -0400
From: Peter Todd <pete@petertodd.org>
To: Antoine Riard <antoine.riard@gmail.com>,
Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
Message-ID: <Y2J40/Cd40fUlFjj@petertodd.org>
References: <CALZpt+GZAd-vYMzUMicg0c9OyyWExtT5EH61Hms6NNOM19ddZA@mail.gmail.com>
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In-Reply-To: <CALZpt+GZAd-vYMzUMicg0c9OyyWExtT5EH61Hms6NNOM19ddZA@mail.gmail.com>
Subject: Re: [bitcoin-dev] Solving Multi-Party Flows Pinning with Opt-in
Full-RBF Spent-nVersion Signaling
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On Tue, Nov 01, 2022 at 10:21:59PM -0400, Antoine Riard via bitcoin-dev wro=
te:
> Hi list,
>=20
> Reading Suhas's post on mempool policy consistency rules, and the grounded
> suggestion that as protocol developers we should work on special policy
> rules to support each reasonable use case on the network rather to arbiter
> between class of use-cases in the design of an
> unified set of rules, reminded me there is another solution to solve
> multi-party funding pinning rather than wide deployment of fullrbf. This
> was communicated to me a while back, and it was originally dismissed
> because of the privacy trade-offs (and potential slight fees overhead
> cost). However, if widely adopted, they might sound acceptable to
> contracting protocol developers and operators.
Strong NACK.
Zeroconf is, at best, a very marginal usecase. The only services that have
spoken up in support of it are Bitrefill and Muun, and the latter says they=
're
working to get rid of their vulnerability to it. People attempting to make =
it
secure have repeatedly done sybil attacks against the network in attempts to
measure transaction propagation. And of course, if transaction fees and full
mempools are in our near future - as is widely expected - mempool consisten=
cy
will even further diminish making zeroconf even harder to achieve.
Incurring a bunch of engineering costs and harming privacy for the sake of
continuing this nonsense is ridiculous.
If anything, we should be moving to full-RBF so we can undo the privacy cost
that is opt-in-RBF: right now 30% of transactions are having to harm their
privacy by signalling support for it. Full-RBF will allow that wallet
distinguisher to be eliminated.
--=20
https://petertodd.org 'peter'[:-1]@petertodd.org
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