From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id DB997D21 for ; Mon, 11 Dec 2017 18:26:42 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-yb0-f170.google.com (mail-yb0-f170.google.com [209.85.213.170]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 840F9D0 for ; Mon, 11 Dec 2017 18:26:42 +0000 (UTC) Received: by mail-yb0-f170.google.com with SMTP id 69so4774249ybc.6 for ; Mon, 11 Dec 2017 10:26:42 -0800 (PST) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=20161025; h=mime-version:in-reply-to:references:from:date:message-id:subject:to; bh=qnYl3iRQ0nyKHsxjh0iI/eRJVEJysYHt7yXzztDw51U=; b=gjLfdt09RSOnN/XTR5QUsDFrx5BpcQHMJUx3gQxSV6QN+NIH8vOTyJuZGrJyg/+IOK PYGvpRlCK2fYQUsy/Eihhefi9QxsuBqz+iIfn8RNQkfa+PK34hE9yGJPmSeK7sqCv0Mq 2O127kW+wSDESSkHvOSurIF0cl4E01mrV94FE2aC7p80lJnESYrCH+cAIbl23wSVg4bq jQTQnyq6SyZmfE7e1PwzCe1Obsdqf/G/my5VVOJLtu9OyuoT9dHzJZNNuXVjnB++sWtf Xzf3f+YiYMFwniiXSipGBD7kV0Aenxw+8IN+GbPbqbdMd/lDeRw2UXMSij7WMZQRU16N 7EBw== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20161025; h=x-gm-message-state:mime-version:in-reply-to:references:from:date :message-id:subject:to; bh=qnYl3iRQ0nyKHsxjh0iI/eRJVEJysYHt7yXzztDw51U=; b=J1BoZ5IdgNHeXeBCZXMWkAwjLjPxdwC5pPh5n2+9+5U/kW5TxOOXSIMkQAQ0/AdAEd UQl0XCT+ZwmwuYwwtMyg70lAwH2d4LatMknvXCFvE1R0uzlPE4thW9RC9mhilrcSNtWb C1yklt/Nyz9CqTGzDKF6YAUUcZlhzrGUBs9lXEKCIHrDXU55wsL1Zfah5yWqoanRX+CO t6gmL00TgKFljSIRaSYURwpva0VvM/vNfr5yqp/eLBu/FSZ1KXmQKmHkI0dSLieTsGzl 1wewV3Sh29l3RWxmAm7lmVRQiA6jtetOsZ4WxGc+DwQ0MYEfOaGNZ7vurnc4kTGQH6gH ++Ag== X-Gm-Message-State: AKGB3mLg8a/S/DntccuLuVSBP1e2/izkcULr1KEbrQvKhl3wFeHPu2/e B6cw1dThcaIQ3eNeeSWhEN4U6+X3FXg8jFvQgPMOnw== X-Google-Smtp-Source: ACJfBouspTA4IA8jopB9iGE5Atj7ugRATOnCA/G1+Z/4AGenfb+ij/krq6J2BDUY6sVOklW9ao+bCEDM/Ks7GS7as8I= X-Received: by 10.13.216.80 with SMTP id a77mr1007176ywe.196.1513016801562; Mon, 11 Dec 2017 10:26:41 -0800 (PST) MIME-Version: 1.0 Received: by 10.37.164.228 with HTTP; Mon, 11 Dec 2017 10:26:40 -0800 (PST) Received: by 10.37.164.228 with HTTP; Mon, 11 Dec 2017 10:26:40 -0800 (PST) In-Reply-To: References: From: Pieter Wuille Date: Mon, 11 Dec 2017 10:26:40 -0800 Message-ID: To: Nick Pudar , Bitcoin Dev Content-Type: multipart/alternative; boundary="001a114e462aff168b056014ac28" X-Spam-Status: No, score=-2.0 required=5.0 tests=BAYES_00,DKIM_SIGNED, DKIM_VALID, DKIM_VALID_AU, FREEMAIL_FROM, HTML_MESSAGE, RCVD_IN_DNSWL_NONE autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Subject: Re: [bitcoin-dev] BIP - Dead Man's Switch X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Mon, 11 Dec 2017 18:26:43 -0000 --001a114e462aff168b056014ac28 Content-Type: text/plain; charset="UTF-8" On Dec 11, 2017 10:23, "Nick Pudar via bitcoin-dev" < bitcoin-dev@lists.linuxfoundation.org> wrote: This topic has come up several times in recent years. While it is well intentioned, it can have devastating outcomes for people that want to save long term. If such a system were implemented, it would force people to move funds around in order to not get nullified. In that process, it introduces multiple opportunities for errors. Cold storage should be able to stay cold. I personally would be apprehensive about implementing this kind of a system. Furthermore, if it rewards miners with funds that are expired, it creates terrible incentives. Miners in their best interest could choose to censor transactions that move funds close to their expiration time, to increase their own future rewards. Cheers, -- Pieter --001a114e462aff168b056014ac28 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable


On Dec 11, 2017 10:23, "Nick Pudar via bitcoin-dev&q= uot; <bitcoin-d= ev@lists.linuxfoundation.org> wrote:
This topic has come up several times in recent years. While it is well inte= ntioned, it can have devastating outcomes for people that want to save long= term. If such a system were implemented, it would force people to move fun= ds around in order to not get nullified. In that process, it introduces multiple opportunities for errors. Cold sto= rage should be able to stay cold. I personally would be apprehensive about = implementing this kind of a system.

Furthermore, if it rewards m= iners with funds that are expired, it creates terrible incentives. Miners i= n their best interest could choose to censor transactions that move funds c= lose to their expiration time, to increase their own future rewards.
<= div dir=3D"auto">
Cheers,

--=C2=A0
Pieter

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