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authorAndreas Petersson <andreas@petersson.at>2014-02-25 00:06:30 +0100
committerbitcoindev <bitcoindev@gnusha.org>2014-02-24 23:06:56 +0000
commit65e63db130c52a49ad2e2d172f6424a52be0101a (patch)
treefddffd6e27277b39233c9ff36246790685b2280e
parent2bc24d7f978087ee80d5c74a8dba4ab9d88f3a08 (diff)
downloadpi-bitcoindev-65e63db130c52a49ad2e2d172f6424a52be0101a.tar.gz
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Re: [Bitcoin-development] On OP_RETURN in upcoming 0.9 release
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+Subject: Re: [Bitcoin-development] On OP_RETURN in upcoming 0.9 release
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+Regarding 80 bytes vs smaller: The objectives should be that if you are
+determined to put some extra data in the blockchain, OP_RETURN should be
+the superior alternative. if a user can include more data with less fees
+using a multisig TX, then this will happen.
+
+eventually dust-limit rules will not be the deciding factor here, since
+i suspect block propagation times will have a stronger effect on
+effective fees. therefore a slightly larger payload than the biggest
+multisig TX is the right answer. - that would be >= 64x3 bytes = 192 bytes.
+(this is my understanding of how large a 3-of-3 multisig tx can be, plus
+1.5 bits encoded in the "n" parameter)
+
+