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authorMike Hearn <mike@plan99.net>2014-08-11 14:08:24 +0200
committerbitcoindev <bitcoindev@gnusha.org>2014-08-11 12:08:31 +0000
commit6fa50d6b6d87f04a80dd93585ea9cfe7f75330f1 (patch)
treea519b3b8dc0b6fc1cef34759ec513677b1830dad
parent77882367a258c82e7585922beaad41a5352a80b4 (diff)
downloadpi-bitcoindev-6fa50d6b6d87f04a80dd93585ea9cfe7f75330f1.tar.gz
pi-bitcoindev-6fa50d6b6d87f04a80dd93585ea9cfe7f75330f1.zip
Re: [Bitcoin-development] CoinShuffle: decentralized CoinJoin without trusted third parties
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+From: Mike Hearn <mike@plan99.net>
+To: Tim Ruffing <tim.ruffing@mmci.uni-saarland.de>
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+Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
+Subject: Re: [Bitcoin-development] CoinShuffle: decentralized CoinJoin
+ without trusted third parties
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+--001a113cde6072fce705005969a8
+Content-Type: text/plain; charset=UTF-8
+
+Putting the efficacy of coinjoin to one side:
+
+On Mon, Aug 11, 2014 at 1:38 PM, Tim Ruffing <
+tim.ruffing@mmci.uni-saarland.de> wrote:
+
+> Then the only remaining reason why it could be invalid is that the input
+> could have
+> been spent already otherwise. But in this case, only one honest client with
+> full information would suffice: a signed transaction that spends the money
+> would convince even SPV-clients that the participant with this inputs
+> tries to
+> cheat.
+
+
+Bear in mind that getutxo does not return the spending transaction - it
+can't because the UTXO set doesn't record this information (a spent txo is
+deleted).
+
+However, if you have sufficient peers and one is honest, the divergence can
+be detected and the operation stopped/the user alerted. If all peers are
+lying i.e. your internet connection is controlled by an attacker, it
+doesn't really make much difference because they could swallow the
+transaction you're trying to broadcast anyway. Ultimately if your peers
+think a TXO is spent and refuse to relay transactions that spend them, you
+can't do much about it even in the non-SPV context: you *must* be able to
+reach at least one peer who believes in the same world as you do.
+
+--001a113cde6072fce705005969a8
+Content-Type: text/html; charset=UTF-8
+Content-Transfer-Encoding: quoted-printable
+
+<div dir=3D"ltr">Putting the efficacy of coinjoin to one side:<div class=3D=
+"gmail_extra"><br><div class=3D"gmail_quote">On Mon, Aug 11, 2014 at 1:38 P=
+M, Tim Ruffing <span dir=3D"ltr">&lt;<a href=3D"mailto:tim.ruffing@mmci.uni=
+-saarland.de" target=3D"_blank">tim.ruffing@mmci.uni-saarland.de</a>&gt;</s=
+pan> wrote:<br>
+<blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1p=
+x #ccc solid;padding-left:1ex">Then=C2=A0the only remaining reason why it c=
+ould be invalid is that the input could have<br>
+been spent already otherwise. But in this case, only one honest client with=
+<br>
+full information would suffice: a signed transaction that spends the money<=
+br>
+would convince even SPV-clients that the participant with this inputs tries=
+ to<br>
+cheat.</blockquote><div><br></div><div>Bear in mind that getutxo does not r=
+eturn the spending transaction - it can&#39;t because the UTXO set doesn&#3=
+9;t record this information (a spent txo is deleted).=C2=A0</div><div><br><=
+/div>
+<div>However, if you have sufficient peers and one is honest, the divergenc=
+e can be detected and the operation stopped/the user alerted. If all peers =
+are lying i.e. your internet connection is controlled by an attacker, it do=
+esn&#39;t really make much difference because they could swallow the transa=
+ction you&#39;re trying to broadcast anyway. Ultimately if your peers think=
+ a TXO is spent and refuse to relay transactions that spend them, you can&#=
+39;t do much about it even in the non-SPV context: you <i>must</i>=C2=A0be =
+able to reach at least one peer who believes in the same world as you do.</=
+div>
+<div><br></div></div></div></div>
+
+--001a113cde6072fce705005969a8--
+
+