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authorMike Hearn <mike@plan99.net>2014-03-12 17:41:33 +0100
committerbitcoindev <bitcoindev@gnusha.org>2014-03-12 16:41:39 +0000
commitb2ef2c2e50179a93f69244caa0c309ed75dfb86e (patch)
tree613a0b0a481d3a4fbc93c549365c5ad0c2230a01
parent34152e09fac8796025d1b3372201668b51a7a7a3 (diff)
downloadpi-bitcoindev-b2ef2c2e50179a93f69244caa0c309ed75dfb86e.tar.gz
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Re: [Bitcoin-development] Multisign payment protocol?
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+From: Mike Hearn <mike@plan99.net>
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+Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
+Subject: Re: [Bitcoin-development] Multisign payment protocol?
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+--089e0139fc606b6bac04f46b82f0
+Content-Type: text/plain; charset=UTF-8
+
+>
+> Partially signed and multisig transactions within bitcoind go through
+> the raw transaction API, which does absolutely nothing if the sig
+> pushes the TX to a higher fee level.
+
+
+Well, we'll have to make sure this is carefully and loudly documented in
+the new developer part of the website that's being worked on. Because this
+seems like a recipe for people writing flaky apps. In practice it would
+seem like you need to implement the fee loop in your own app:
+
+1) Create tx with an estimated fee level
+2) Add signatures
+3) Submit. If REJECT for too low fees, increment, go to 1 and try again.
+
+--089e0139fc606b6bac04f46b82f0
+Content-Type: text/html; charset=UTF-8
+Content-Transfer-Encoding: quoted-printable
+
+<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote"><blo=
+ckquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #c=
+cc solid;padding-left:1ex">Partially signed and multisig transactions withi=
+n bitcoind go through<br>
+
+the raw transaction API, which does absolutely nothing if the sig<br>
+pushes the TX to a higher fee level.</blockquote><div><br></div><div>Well, =
+we&#39;ll have to make sure this is carefully and loudly documented in the =
+new developer part of the website that&#39;s being worked on. Because this =
+seems like a recipe for people writing flaky apps. In practice it would see=
+m like you need to implement the fee loop in your own app:</div>
+<div><br></div><div>1) Create tx with an estimated fee level</div><div>2) A=
+dd signatures</div><div>3) Submit. If REJECT for too low fees, increment, g=
+o to 1 and try again.</div><div><br></div><div><br></div></div></div></div>
+
+--089e0139fc606b6bac04f46b82f0--
+
+