From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp4.osuosl.org (smtp4.osuosl.org [IPv6:2605:bc80:3010::137]) by lists.linuxfoundation.org (Postfix) with ESMTP id D9227C0011 for ; Thu, 24 Feb 2022 07:09:50 +0000 (UTC) Received: from localhost (localhost [127.0.0.1]) by smtp4.osuosl.org (Postfix) with ESMTP id C156241633 for ; Thu, 24 Feb 2022 07:09:50 +0000 (UTC) X-Virus-Scanned: amavisd-new at osuosl.org X-Spam-Flag: NO X-Spam-Score: -2.097 X-Spam-Level: X-Spam-Status: No, score=-2.097 tagged_above=-999 required=5 tests=[BAYES_00=-1.9, DKIM_SIGNED=0.1, DKIM_VALID=-0.1, DKIM_VALID_AU=-0.1, DKIM_VALID_EF=-0.1, FREEMAIL_FROM=0.001, RCVD_IN_DNSWL_NONE=-0.0001, RCVD_IN_MSPIKE_H5=0.001, RCVD_IN_MSPIKE_WL=0.001, SPF_HELO_NONE=0.001, SPF_PASS=-0.001] autolearn=ham autolearn_force=no Authentication-Results: smtp4.osuosl.org (amavisd-new); dkim=pass (1024-bit key) header.d=gazeta.pl Received: from smtp4.osuosl.org ([127.0.0.1]) by localhost (smtp4.osuosl.org [127.0.0.1]) (amavisd-new, port 10024) with ESMTP id OkFooWzA4iyS for ; Thu, 24 Feb 2022 07:09:49 +0000 (UTC) X-Greylist: delayed 00:07:35 by SQLgrey-1.8.0 Received: from smtpo47.poczta.onet.pl (smtpo47.poczta.onet.pl [213.180.142.178]) by smtp4.osuosl.org (Postfix) with ESMTPS id 85D7541630 for ; Thu, 24 Feb 2022 07:09:49 +0000 (UTC) Received: from pmq4v.m5r2.onet (pmq4v.m5r2.onet [10.174.32.70]) by smtp.poczta.onet.pl (Onet) with ESMTP id 4K43k64PdHzlgNlL; Thu, 24 Feb 2022 08:02:06 +0100 (CET) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gazeta.pl; s=2013; t=1645686126; bh=BmnMQmDfVNQScbxGuk1atU73RDIUg/JO2ipdukhFWoc=; h=From:To:In-Reply-To:Date:Subject:From; b=pm9wQ6eN2xxXtoxT5SPy1tcwahny9S4Aeb1+GowU4hZDOkeS3s3y0xxttQqLz8bUt v16WKAdkAYJMsesSEPPAztLVczqxDmkuiZStg4A85/e6HDiyTUGCxx9OAvxyFcXDc3 NAxB9wvwKKx+lpqqcTmjjRYF4/s6q/XfGh2Xpm1E= Content-Type: text/plain; charset="utf-8" MIME-Version: 1.0 Content-Transfer-Encoding: quoted-printable Received: from [82.177.167.2] by pmq4v.m5r2.onet via HTTP id ; Thu, 24 Feb 2022 08:02:06 +0100 From: vjudeu@gazeta.pl X-Priority: 3 To: damian@willtech.com.au, Casey Rodarmor , Bitcoin Protocol Discussion In-Reply-To: <0642a5e59464779569f9d0aab452ee27@willtech.com.au> Date: Thu, 24 Feb 2022 08:02:06 +0100 Message-Id: <157547153-6d2c3d68baafa7157fc9862342a73750@pmq4v.m5r2.onet> X-Mailer: onet.poczta X-Onet-PMQ: ;82.177.167.2;PL;3 X-Mailman-Approved-At: Thu, 24 Feb 2022 08:13:46 +0000 Subject: Re: [bitcoin-dev] Draft-BIP: Ordinal Numbers X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.15 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Thu, 24 Feb 2022 07:09:51 -0000 > The system sounds expensive eventually to cope with approximately 2,100,0= 00,000,000,000 ordinals. What about zero satoshis? There are transactions, where zero satoshis are c= reated or moved. Typical users cannot do that, but miners can, we currently= have such transactions in the blockchain, for example 9f0b871e28fa19e2308e= 2fa74243bf2dcf23b160754df847d5f1e41aabe499d1 (check the last two inputs). On 2022-02-24 01:53:36 user damian--- via bitcoin-dev wrote: > Well done, your bip looks well presented for discussion. You say to = number each satoshi created? For a 50 BTC block reward that is = 5,000,000,000 ordinal numbers, and when some BTC is transferred to = another UTXO how do you determine which ordinal numbers, say if I create = a transaction to pay-to another UTXO. The system sounds expensive = eventually to cope with approximately 2,100,000,000,000,000 ordinals. If = I understand ordinals 0 to 5,000,000,000 as assigned to the first = Bitcoin created from mining block-reward. Say if I send some Bitcoin to = another UTXO then first-in-first-out algorithm splits those up to assign = 1 to 100,000,000 to the 1 BTC that I sent, and 100,000,001 to = 5,000,000,000 are assigned to the change plus if any fee?-DA. On 2022-02-23 11:43, Casey Rodarmor via bitcoin-dev wrote: > Briefly, newly mined satoshis are sequentially numbered in the order > in > which they are mined. These numbers are called "ordinal numbers" or > "ordinals". When satoshis are spent in a transaction, the input > satoshi > ordinal numbers are assigned to output satoshis using a simple > first-in-first-out algorithm. _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev