From: Gavin Andresen <gavinandresen@gmail.com>
To: Mike Hearn <mike@plan99.net>
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] [PULL] Add scriptPubKey enforced sendescrow and redeemescrow API calls
Date: Wed, 22 Jun 2011 10:08:05 -0400 [thread overview]
Message-ID: <BANLkTikkBoHBr8z6Uv7oGU_KuT0bvgx3HA@mail.gmail.com> (raw)
In-Reply-To: <BANLkTi=FTLnU-riNVYssnR9FLdcEeZX7gOS6Zdv1f_XDcJoSSg@mail.gmail.com>
On Wed, Jun 22, 2011 at 9:24 AM, Mike Hearn <mike@plan99.net> wrote:
> I think you can just use an output script of
> 2 <K1> <K2> <K3> 3 CHECKMULTISIGVERIFY
I think it is time to start experimenting with MULTISIG transactions on testnet.
Mike: Did Satoshi ever tell you what he was thinking for the best way
to implement MULTISIG transactions?
I'm wondering if hard-coding new standard script templates in
script.cpp Solver():
vTemplates.push_back(CScript() << OP_1 << OP_PUBKEY << OP_PUBKEY <<
OP_2 << OP_CHECKMULTISIGVERIFY);
vTemplates.push_back(CScript() << OP_2 << OP_PUBKEY << OP_PUBKEY <<
OP_2 << OP_CHECKMULTISIGVERIFY);
vTemplates.push_back(CScript() << OP_1 << OP_PUBKEY << OP_PUBKEY <<
OP_PUBKEY << OP_3 << OP_CHECKMULTISIGVERIFY);
vTemplates.push_back(CScript() << OP_2 << OP_PUBKEY << OP_PUBKEY <<
OP_PUBKEY << OP_3 << OP_CHECKMULTISIGVERIFY);
vTemplates.push_back(CScript() << OP_3 << OP_PUBKEY << OP_PUBKEY <<
OP_PUBKEY << OP_3 << OP_CHECKMULTISIGVERIFY);
... would be the right approach to support 1/2 of 2 and 1/2/3 of 3
signatures. It'd be nice if there were generic
OP_N << OP_PUBKEY_N << OP_N ... template matching opcodes, but there aren't.
I'm also wondering if it makes sense to just support 2-of-2 (for
validate-on-multiple-devices) and 2-of-3 (for escrow) for now.
I think all of these could use a new type of bitcoin payment address;
it might make sense for THAT to be generic, maybe containing:
version byte
m
n
hash of xor of all n public keys
checksum
I'm most interested in the 2-of-2 case; I think merchants and
exchanges need bitcoin deposit/payment addresses that they can make
secure by requiring a 2-step signature process for spending those
funds.
--
--
Gavin Andresen
http://clearcoin.com/
next prev parent reply other threads:[~2011-06-22 14:08 UTC|newest]
Thread overview: 11+ messages / expand[flat|nested] mbox.gz Atom feed top
2011-06-16 4:53 [Bitcoin-development] [PULL] Add scriptPubKey enforced sendescrow and redeemescrow API calls bgroff
2011-06-22 13:24 ` Mike Hearn
2011-06-22 13:42 ` Mike Hearn
2011-06-22 16:01 ` bgroff
2011-06-22 14:08 ` Gavin Andresen [this message]
2011-06-22 14:49 ` Mike Hearn
2011-06-22 15:32 ` Gavin Andresen
2011-06-22 16:02 ` Mike Hearn
2011-06-22 16:23 ` bgroff
2011-06-22 19:33 ` bgroff
2011-06-22 20:44 ` bgroff
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