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authorWatson Ladd <wbl@uchicago.edu>2012-03-02 13:57:27 -0600
committerbitcoindev <bitcoindev@gnusha.org>2012-03-02 19:57:34 +0000
commit7c8fa08651d23eaea739045de6d0b0430f0fe86c (patch)
tree3eb138b0b743d10306ffd5cd49d5292a25985678
parentafdc4ac0fc735b341801dbbef2988d4ef27d15a9 (diff)
downloadpi-bitcoindev-7c8fa08651d23eaea739045de6d0b0430f0fe86c.tar.gz
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[Bitcoin-development] Fwd: Proposal for a new opcode
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+Subject: [Bitcoin-development] Fwd: Proposal for a new opcode
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+
+Dear all,
+I am proposing a new opcode for the purposes of anonymous
+transactions. This new opcode enables scripts to be given proof that
+the receiver can carry out or has carried out a previous transaction.
+I'm currently working on a paper that discusses using this opcode for
+anonymous transactions.
+
+Name: OP_CHECKEXPSIG
+Stack before: <sig><pk><hash>
+Stack after: T/F, where is true if sig is a ECDSA signature under pk
+for the hash hash. (Hash is the hash of a message).
+Uses: Preexisting digital cash techniques relied on keeping track of a
+list of turned in notes to forbid double spending. Using
+OP_CHECKEXPSIG we can instead pass the script that gives the nth note
+value proof that the notes {1,...n-1} were turned in and are distinct.
+This enables a coupling of the strong double spend protection of
+Bitcoin with traditional digital cash's strong anonymity.
+
+Sincerely,
+Watson Ladd
+
+