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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Bi-directional micropayment channels with
CHECKLOCKTIMEVERIFY
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--001a11c25c20f97fe4050c3803bc
Content-Type: text/plain; charset=UTF-8
>
> A limitation on most existing micropayment channel ideas is that payments
> can only flow in one direction.
>
It's worth noting that the original protocol as designed by Satoshi did not
have this limitation. It has evolved this way because of ad-hoc DoS fixes
over time (btw I'm not saying they were the wrong thing to do, as non "ad
hoc" solutions are significantly more work). But it seems like eventually a
different approach to handling DoS attacks based on resource prioritisation
and scheduling will become needed / implemented, and at that point the
original design could be safely brought back to life.
--001a11c25c20f97fe4050c3803bc
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:0px 0px 0px 0.8ex;border-left=
-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;paddi=
ng-left:1ex"><div dir=3D"ltr"><div>A limitation on most existing micropayme=
nt channel ideas is that payments can only flow in one direction.=C2=A0</di=
v></div></blockquote><div><br></div><div>It's worth noting that the ori=
ginal protocol as designed by Satoshi did not have this limitation. It has =
evolved this way because of ad-hoc DoS fixes over time (btw I'm not say=
ing they were the wrong thing to do, as non "ad hoc" solutions ar=
e significantly more work). But it seems like eventually a different approa=
ch to handling DoS attacks based on resource prioritisation and scheduling =
will become needed / implemented, and at that point the original design cou=
ld be safely brought back to life.</div><div><br></div></div></div></div>
--001a11c25c20f97fe4050c3803bc--
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