Re: [Bitcoin-development] New Output Script Type

[Mark Friedenbach <mark@monetize.io>]

Prefix the script with OP_RETURN. Otherwise you are still contributing
to blockchain bloat.

Mark

On 9/13/13 5:51 PM, Turkey Breast wrote:
> http://www.proofofexistence.com/
> 
> and
> 
> https://github.com/spesmilo/sx/blob/master/src/sx-embed-addr
> 
> Embedding data in the blockchain as a hash is out there and a reality.
> 
> I suggest that there should be a new payment type that is unspendable to
> support this.
> Like you have pubkey_hash, pubkey, script_hash, ..., "embed_hash"
> 
> Maybe just a script with a single 20 byte push data.
> 
> Advantages:
> 
> * Optimisation possibilities (you know this can't be spent, and the
> script can't be processed).
> * Avoid indexing in an address database Bitcoin addresses which are
> currently being
> used to index data. They will never be spent, yet they will be indexed
> because they look
> identical to normal Bitcoin addresses.
> 
> By separating this class of Bitcoin usage, we can improve the core
> Bitcoin payments system.
> 
> 
> 
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