From: Peter Todd <pete@petertodd.org>
To: vjudeu@gazeta.pl,
Bitcoin Protocol Discussion
<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] OP_RETURN inside TapScript
Date: Wed, 16 Mar 2022 14:21:30 -0400 [thread overview]
Message-ID: <YjIqqv+0YTbl/fAL@petertodd.org> (raw)
In-Reply-To: <157744394-3dec42994f1798ce65b00e23b21ea656@pmq2v.m5r2.onet>
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On Thu, Feb 24, 2022 at 10:02:08AM +0100, vjudeu via bitcoin-dev wrote:
> Since Taproot was activated, we no longer need separate OP_RETURN outputs to be pushed on-chain. If we want to attach any data to a transaction, we can create "OP_RETURN <anything>" as a branch in the TapScript. In this way, we can store that data off-chain and we can always prove that they are connected with some taproot address, that was pushed on-chain. Also, we can store more than 80 bytes for "free", because no such taproot branch will be ever pushed on-chain and used as an input. That means we can use "OP_RETURN <1.5 GB of data>", create some address having that taproot branch, and later prove to anyone that such "1.5 GB of data" is connected with our taproot address.
There are two use-cases for OP_RETURN: committing to data, and publishing data.
Your proposal can only do the former, not the latter, and there are use-cases
for both.
--
https://petertodd.org 'peter'[:-1]@petertodd.org
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next prev parent reply other threads:[~2022-03-16 18:21 UTC|newest]
Thread overview: 14+ messages / expand[flat|nested] mbox.gz Atom feed top
2022-02-24 9:02 [bitcoin-dev] OP_RETURN inside TapScript vjudeu
2022-02-24 10:08 ` Ruben Somsen
2022-02-24 13:27 ` vjudeu
2022-02-24 14:01 ` Ruben Somsen
2022-02-24 21:40 ` Zac Greenwood
2022-02-25 0:04 ` ZmnSCPxj
2022-02-25 1:12 ` Zac Greenwood
2022-02-25 3:19 ` ZmnSCPxj
2022-02-25 7:15 ` Zac Greenwood
2022-02-25 12:48 ` ZmnSCPxj
2022-02-25 13:53 ` Zac Greenwood
2022-03-16 18:21 ` Peter Todd [this message]
2022-03-19 18:32 ` vjudeu
2022-03-21 11:00 ` Kostas Karasavvas
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