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From: Mike Hearn <mike@plan99.net>
To: Jeff Garzik <jgarzik@bitpay.com>
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] deterministic transaction expiration
Date: Wed, 6 Aug 2014 15:54:56 +0200	[thread overview]
Message-ID: <CANEZrP3eEiLxYfsAURRm4ysfS4TRgXxa_THxJ43cVH1OyR95JQ@mail.gmail.com> (raw)
In-Reply-To: <CAJHLa0MfRhCPX8H92qc1kSebc=WrUzmSgbG331t4-zDHhTNu4w@mail.gmail.com>

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We could however introduce a new field in a new tx version. We know we need
to rev the format at some point anyway.


On Wed, Aug 6, 2014 at 2:55 PM, Jeff Garzik <jgarzik@bitpay.com> wrote:

>  ...and existing users and uses of nLockTime suddenly become worthless,
> breaking payment channel refunds and other active uses of nLockTime.
>
> You cannot assume the user is around to rewrite their nLockTime, if it
> fails to be confirmed before some arbitrary deadline being set.
>
>
>
> On Wed, Aug 6, 2014 at 12:01 AM, Tom Harding <tomh@thinlink.com> wrote:
>
>> On 8/5/2014 12:10 PM, Kaz Wesley wrote:
>> > Any approach based on beginning a transaction expiry countdown when a
>> > transaction is received (as in mempool janitor) seems unviable to me:
>> > once a node has forgotten a transaction, it must be susceptible to
>> > reaccepting it;
>>
>> It's hard to argue with that logic.
>>
>> If nLockTime is used for expiration, transaction creator can't lie to
>> help tx live longer without pushing initial confirmation eligibility
>> into the future.  Very pretty.  It would also enable "fill or kill"
>> transactions with a backdated nLockTime, which must be confirmed in a
>> few blocks, or start vanishing from mempools.
>>
>>
>>
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>
>
>
> --
> Jeff Garzik
> Bitcoin core developer and open source evangelist
> BitPay, Inc.      https://bitpay.com/
>
>
> ------------------------------------------------------------------------------
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> Reboot your WinForms applications with our WinForms controls.
> Build a bridge from your legacy apps to the future.
>
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>

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  reply	other threads:[~2014-08-06 13:55 UTC|newest]

Thread overview: 34+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-08-01  0:58 [Bitcoin-development] deterministic transaction expiration Kaz Wesley
2014-08-01  1:06 ` Peter Todd
2014-08-01  1:37   ` Kaz Wesley
2014-08-01  1:38 ` Matt Whitlock
2014-08-01  2:28   ` Gregory Maxwell
2014-08-01  3:26     ` Matt Whitlock
2014-08-01  3:31       ` Gregory Maxwell
2014-08-05 18:01         ` Alex Mizrahi
2014-08-02  0:36 ` Tom Harding
2014-08-05 17:02   ` Flavien Charlon
2014-08-05 17:48 ` Jeff Garzik
2014-08-05 18:54   ` Mike Hearn
2014-08-05 19:08     ` Jeff Garzik
2014-08-05 19:10   ` Kaz Wesley
2014-08-05 19:36     ` Jeff Garzik
2014-08-06  4:01     ` Tom Harding
2014-08-06 12:55       ` Jeff Garzik
2014-08-06 13:54         ` Mike Hearn [this message]
2014-08-06 14:44           ` Tom Harding
2014-08-06 15:08             ` Jeff Garzik
2014-08-06 15:17               ` Christian Decker
2014-08-06 15:42                 ` Peter Todd
2014-08-06 16:15                   ` Jeff Garzik
2014-08-06 17:02                     ` Tom Harding
2014-08-06 17:21                       ` Mark Friedenbach
2014-08-06 17:34                         ` Peter Todd
2014-08-06 17:24                       ` Jeff Garzik
2014-08-06 16:31                   ` Mark Friedenbach
2014-08-06 17:20                     ` Peter Todd
2014-08-06 17:30                       ` Mark Friedenbach
2014-08-06 17:38                         ` Peter Todd
2014-08-08 17:38                 ` Tom Harding
2014-08-08 18:13                   ` Jeff Garzik
2014-08-08 18:42                     ` Kaz Wesley

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