Return-Path: Received: from smtp3.osuosl.org (smtp3.osuosl.org [IPv6:2605:bc80:3010::136]) by lists.linuxfoundation.org (Postfix) with ESMTP id ED252C002D for ; Tue, 8 Nov 2022 23:34:44 +0000 (UTC) Received: from localhost (localhost [127.0.0.1]) by smtp3.osuosl.org (Postfix) with ESMTP id BBB4860E0D for ; Tue, 8 Nov 2022 23:34:44 +0000 (UTC) DKIM-Filter: OpenDKIM Filter v2.11.0 smtp3.osuosl.org BBB4860E0D Authentication-Results: smtp3.osuosl.org; dkim=pass (2048-bit key) header.d=chia.net header.i=@chia.net header.a=rsa-sha256 header.s=google header.b=Tm0Lhsf8 X-Virus-Scanned: amavisd-new at osuosl.org X-Spam-Flag: NO X-Spam-Score: -0.1 X-Spam-Level: X-Spam-Status: No, score=-0.1 tagged_above=-999 required=5 tests=[BAYES_00=-1.9, DKIM_SIGNED=0.1, DKIM_VALID=-0.1, DKIM_VALID_AU=-0.1, DKIM_VALID_EF=-0.1, HTML_MESSAGE=0.001, PDS_OTHER_BAD_TLD=1.999, RCVD_IN_DNSWL_NONE=-0.0001, SPF_HELO_NONE=0.001, SPF_PASS=-0.001] autolearn=no autolearn_force=no Received: from smtp3.osuosl.org ([127.0.0.1]) by localhost (smtp3.osuosl.org [127.0.0.1]) (amavisd-new, port 10024) with ESMTP id Q9KoEWmEG01D for ; Tue, 8 Nov 2022 23:34:43 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.8.0 DKIM-Filter: OpenDKIM Filter v2.11.0 smtp3.osuosl.org CE6E8606C6 Received: from mail-pg1-x52b.google.com (mail-pg1-x52b.google.com [IPv6:2607:f8b0:4864:20::52b]) by smtp3.osuosl.org (Postfix) with ESMTPS id CE6E8606C6 for ; Tue, 8 Nov 2022 23:34:43 +0000 (UTC) Received: by mail-pg1-x52b.google.com with SMTP id q1so14698084pgl.11 for ; Tue, 08 Nov 2022 15:34:43 -0800 (PST) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=chia.net; s=google; h=to:subject:message-id:date:from:in-reply-to:references:mime-version :from:to:cc:subject:date:message-id:reply-to; bh=8y/0Q8oCYUiMWWf0SPKQddCLpPCvJmNbF2bwXP3cdQo=; b=Tm0Lhsf84SaKBG0XXL6AbYXyisY9giteHftXSNOEGLQ3aWyO7QWUES/TBRzyTC0p10 TLqNkI/HTSm4mRjp1frddPwi7MiOGZN0/xdbOB8XFKWSto3pdKlrZrbEmnJlezM7IqJr TG+o7MmQxAuwmD5Vv34MDWzifHCW5yLxG2q2UYTLHSAuUFkqUagU1H/ntooGd7zR658k JSakOQicuQYviJwZg1t26KErfaXO2svq7dFlCmq22BX6HPI3/ZEP55Hax330A38zJSM0 Aab515UMO8LeHjomhy8dsFVnAc4T2NFt5CMN8PvGLHvs801xVVG4hozM4lMW9ppbYZ6F ha2A== X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20210112; h=to:subject:message-id:date:from:in-reply-to:references:mime-version :x-gm-message-state:from:to:cc:subject:date:message-id:reply-to; bh=8y/0Q8oCYUiMWWf0SPKQddCLpPCvJmNbF2bwXP3cdQo=; b=D3f4W11FUb6qD6AfCmB/dCzzmvPs01rx+9q2jfAWLzILJ2nNaJYw1mtl+DdG/uJrXR F2m7gRmC3UaXj4bX39mqZjOPzReXU+ipUcAScwNyRPvr5Ml03iRni3K7I+BZOZ+vz+cJ hjmHmMGfTQlVTSqK9DTf04ykMWjaHnZcMpoaF1fLHcUsKHgnjnvl+0jDxQeMzLHHqid+ lLEo2L8bifhHtb1ebWGMjEKcYqqIvwX41rfGeugot5W9yjUjNzf6xi3akO/ep/MLy1m8 fAp0fPL4x2/MF96pAJTluA6RTy0hhOCX9+rj56zrJ1Z3p75vuBvu9oePbxcPPIqVDE7e M5vw== X-Gm-Message-State: ACrzQf3NKzNJ8iHClSopeTWKgr68QhCGvLYCdvhnBU/2rCkXdNbbd/Lg TuHpfmRgTPXZ2Jnls7ePoWV2izgyH/wYe3NGUIVSoQ== X-Google-Smtp-Source: AMsMyM7OOpToGORRVO27PtWnTME3BcI+JPtLYB9JbI8JPWFZ096fikC8eTtYFfwAArHkhTdE+Ty0NRbIv5DHRxuBquk= X-Received: by 2002:a05:6a00:3698:b0:56d:3180:e88f with SMTP id dw24-20020a056a00369800b0056d3180e88fmr55528765pfb.66.1667950483127; Tue, 08 Nov 2022 15:34:43 -0800 (PST) MIME-Version: 1.0 References: In-Reply-To: From: Bram Cohen Date: Tue, 8 Nov 2022 15:34:32 -0800 Message-ID: To: Salvatore Ingala , Bitcoin Protocol Discussion Content-Type: multipart/alternative; boundary="0000000000000cd12a05ecfdfcfb" X-Mailman-Approved-At: Tue, 08 Nov 2022 23:52:07 +0000 Subject: Re: [bitcoin-dev] Merkleize All The Things X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.15 Precedence: list List-Id: Bitcoin Protocol Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Tue, 08 Nov 2022 23:34:45 -0000 --0000000000000cd12a05ecfdfcfb Content-Type: text/plain; charset="UTF-8" On Tue, Nov 8, 2022 at 2:13 AM Salvatore Ingala via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > > I have been working on some notes to describe an approach that uses > covenants in order to enable general smart contracts in bitcoin. You can > find them here: > > https://merkle.fun/ > > Hash chained covenants in general all have about the same plateau of functionality, which seems roughly reasonable to add to Bitcoin as it is today but suffer from being limited and hence likely only a stepping stone to greater functionality and unless whatever's put in now cleanly extends to supporting more in the future it's likely to turn into a legacy appendage which has to be supported. So my generic suggestion for this sort of thing is that it should be proposed along with a plan for how it could be extended to support full-blown covenants in the future. Another probably unhelpful bit of feedback I have is that Bitcoin should probably be taking verkle trees seriously because those can have substantially lower size/cost/weight than merkle trees. That doesn't just apply to this proposal, but to Bitcoin in general, which doesn't seem to have any serious verkle tree proposals to date. --0000000000000cd12a05ecfdfcfb Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable


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