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From: Mike Brooks <m@ib.tc>
To: ZmnSCPxj <ZmnSCPxj@protonmail.com>
Cc: Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Smaller Transactions with PubRef
Date: Sat, 1 Aug 2020 18:12:16 -0700	[thread overview]
Message-ID: <CALFqKjSrQ260XfYtdvd9N=ZKZvJqE2iz+reGtBNpq++br9S1ig@mail.gmail.com> (raw)
In-Reply-To: <1cxOISncF4dES_Ijm5FJUhwUAzBupnLPiv3qnU20as76zMMhVyggkg1hphq4ehuqEFK_H88TBbfI2pKbLWzzx7E6kOUXeC-yOcfrOkg3uAY=@protonmail.com>


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Hey  ZmnSCPxj,

Re-orgs should be solved in a different way.

Best Regards,
Micahel

On Sat, Aug 1, 2020 at 5:36 PM ZmnSCPxj <ZmnSCPxj@protonmail.com> wrote:

> Good morning Mike,
>
> Hard NAK.
>
> The responses to the original posting already pointed out important
> problems with this:
>
> * Encourages address reuse, hurting fungibility and privacy.
> * Prevents pruning, since access to previous blocks must always be
> available in order to validate.
> * Optimized implementation requires creating yet another index to previous
> block data, increasing requirements on fullnodes.
> * Requires SCRIPT to be re-evaluated on transactions arriving in
> newblocks, to protect against reorgs of the chaintip, and in particular
> `OP_PUBREF` references to near the chaintip.
>
> None of these issues have been addressed in your current proposal.
> The proposal looks at clients only, without considering what validators
> have to implement in order to validate new blocks with this opcode.
>
> Regards,
> ZmnSCPxj
>

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  reply	other threads:[~2020-08-02  1:12 UTC|newest]

Thread overview: 4+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2020-08-01  5:09 [bitcoin-dev] Smaller Transactions with PubRef Mike Brooks
2020-08-02  0:36 ` ZmnSCPxj
2020-08-02  1:12   ` Mike Brooks [this message]
2020-08-02 14:22     ` ZmnSCPxj

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