summaryrefslogtreecommitdiff
path: root/42/c24e0324991ffde5532711f5b2e04088948955
blob: 0e6dc0a674da6f7f9c8818f08b244bdbeea00f7c (plain)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
Return-Path: <ZmnSCPxj@protonmail.com>
Received: from smtp2.osuosl.org (smtp2.osuosl.org [IPv6:2605:bc80:3010::133])
 by lists.linuxfoundation.org (Postfix) with ESMTP id B625FC000E
 for <bitcoin-dev@lists.linuxfoundation.org>;
 Tue, 31 Aug 2021 14:22:45 +0000 (UTC)
Received: from localhost (localhost [127.0.0.1])
 by smtp2.osuosl.org (Postfix) with ESMTP id 9F6E34010D
 for <bitcoin-dev@lists.linuxfoundation.org>;
 Tue, 31 Aug 2021 14:22:45 +0000 (UTC)
X-Virus-Scanned: amavisd-new at osuosl.org
X-Spam-Flag: NO
X-Spam-Score: -0.199
X-Spam-Level: 
X-Spam-Status: No, score=-0.199 tagged_above=-999 required=5
 tests=[BAYES_05=-0.5, DKIM_SIGNED=0.1, DKIM_VALID=-0.1,
 DKIM_VALID_AU=-0.1, DKIM_VALID_EF=-0.1, FREEMAIL_FROM=0.001,
 FROM_LOCAL_NOVOWEL=0.5, RCVD_IN_MSPIKE_H4=0.001,
 RCVD_IN_MSPIKE_WL=0.001, SPF_HELO_PASS=-0.001, SPF_PASS=-0.001]
 autolearn=ham autolearn_force=no
Authentication-Results: smtp2.osuosl.org (amavisd-new);
 dkim=pass (1024-bit key) header.d=protonmail.com
Received: from smtp2.osuosl.org ([127.0.0.1])
 by localhost (smtp2.osuosl.org [127.0.0.1]) (amavisd-new, port 10024)
 with ESMTP id uFK4TuZlZfNp
 for <bitcoin-dev@lists.linuxfoundation.org>;
 Tue, 31 Aug 2021 14:22:41 +0000 (UTC)
X-Greylist: domain auto-whitelisted by SQLgrey-1.8.0
Received: from mail-40137.protonmail.ch (mail-40137.protonmail.ch
 [185.70.40.137])
 by smtp2.osuosl.org (Postfix) with ESMTPS id 5E4FB400CC
 for <bitcoin-dev@lists.linuxfoundation.org>;
 Tue, 31 Aug 2021 14:22:41 +0000 (UTC)
Date: Tue, 31 Aug 2021 14:22:29 +0000
DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=protonmail.com;
 s=protonmail; t=1630419758;
 bh=b1/a/fjAFMQE1SmNid0PyY2irnE2YTHQQCDmjyVJD3U=;
 h=Date:To:From:Cc:Reply-To:Subject:In-Reply-To:References:From;
 b=X5xCOZWX755tMx1K98Ux1Usc6hv2KNqSsXrFFgqAPF5PMcQ4KB+n5mTCU/2U85qad
 wYcrreqtkFCrdye9irzhkIbdvJLzM4f8NR7KOYQBelYt+m6oC6IxrDUD+cGH5VS08Z
 D4B4JeuYLubhvmG+7f6stYH/DF4UE4q1TIM6d4ws=
To: Zac Greenwood <zachgrw@gmail.com>
From: ZmnSCPxj <ZmnSCPxj@protonmail.com>
Reply-To: ZmnSCPxj <ZmnSCPxj@protonmail.com>
Message-ID: <A8O_5wbTwq48sO02LAHT_t0RN0GVY0yrygt2DiSPrCavXCYu_0LsZWKf3jEQUyBbboW7zQnXyVSHkNJV7CP-VliKOYXjmmnfQIF2Q6E4pl8=@protonmail.com>
In-Reply-To: <CAJ4-pEC_NTScPFg822Va+Sw1_yC87tWBAL4y7y-m7PSx+JcccQ@mail.gmail.com>
References: <CAGpPWDZ0aos5qHw2=popCpjuH7OXC0geEj8i3dwDTfP0j=or4w@mail.gmail.com>
 <T9dyi_J_ZLwT8hXaxOBlCEhdoB9hsBcvFZX3r1JrtxunUTnFe7wefV6hi3Itw8z84drqAn64ZCJhfSfz7Aw0cqx4Aa8DtN1irvE-d4JPoeE=@protonmail.com>
 <CAJ4-pED7sAe+yNqxv_1HSaku=kuTQYTU3nm2o6vUVCEnhkxxFA@mail.gmail.com>
 <1qkQ1p1rAZApZhMKVFwQV6gfLyZxMYIUPrhcjtXNU4z0DBRwslPSbi76GnNnllpvPPfqt1bH3EyzJNhfK0Uxum7zJ_dh3H0DXqUpf2nmHyk=@protonmail.com>
 <CAJ4-pECSE=by2ag4QmqrXbX_R0sk6HOL1KH0z2h=+915jaEE6Q@mail.gmail.com>
 <wdlRrp4fZxH79mzVpTQWp99V9uI8jLvRU40mwdJ8lZ5A2mGMsxUK1TmZEZTV7O4_eUnNyq3feEGv5BUN-ecPSlbL-EYR6ZyLxk9ErsFiPlE=@protonmail.com>
 <CAJ4-pECwGfrrB15oS0t-+vsjn11sC=9Bz6JGsGsicUorCjuYpA@mail.gmail.com>
 <RrFU9zB125CEEua75KWb6IfANybTVN9AGfvjxE65Ysa1zOIgM-h48HmdBcfynW7HEd6kOaA5G-FhAVbmrq5DJXJJYHNArJDORGJklnBCU_I=@protonmail.com>
 <CAJ4-pEC_NTScPFg822Va+Sw1_yC87tWBAL4y7y-m7PSx+JcccQ@mail.gmail.com>
MIME-Version: 1.0
Content-Type: text/plain; charset=utf-8
Content-Transfer-Encoding: quoted-printable
Cc: Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Exploring: limiting transaction output amount as
	a function of total input value
X-BeenThere: bitcoin-dev@lists.linuxfoundation.org
X-Mailman-Version: 2.1.15
Precedence: list
List-Id: Bitcoin Protocol Discussion <bitcoin-dev.lists.linuxfoundation.org>
List-Unsubscribe: <https://lists.linuxfoundation.org/mailman/options/bitcoin-dev>, 
 <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=unsubscribe>
List-Archive: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/>
List-Post: <mailto:bitcoin-dev@lists.linuxfoundation.org>
List-Help: <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=help>
List-Subscribe: <https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev>, 
 <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=subscribe>
X-List-Received-Date: Tue, 31 Aug 2021 14:22:45 -0000

Good morning Zac,

> Hi ZmnSCPxj,
>
> Thank you for your helpful response. We're on the same page concerning pr=
ivacy so I'll focus on that. I understand from your mail that privacy would=
 be reduced by this proposal because:
>
> * It requires the introduction of a new type of transaction that is diffe=
rent from a "standard" transaction (would that be P2TR in the future?), red=
ucing the anonymity set for everyone;
> * The payment and change output will be identifiable because the change o=
utput must be marked encumbered on-chain;
> * The specifics of how the output is encumbered must be visible on-chain =
as well reducing privacy even further.
>
> I don't have the technical skills to judge whether these issues can someh=
ow be resolved. In functional terms, the output should be spendable in a wa=
y that does not reveal that the output is encumbered, and produce a change =
output that cannot be distinguished from a non-change output while still be=
ing encumbered. Perhaps some clever MAST-fu could somehow help?

I believe some of the covenant efforts may indeed have such clever MAST-fu =
integrated into them, which is why I pointed you to them --- the people dev=
eloping these (aj I think? RubenSomsen?) might be able to accommodate this =
or some subset of the desired feature in a sufficiently clever covenant sch=
eme.

There are a number of such proposals, though, so I cannot really point you =
to one that seems likely to have a lot of traction.

Regards,
ZmnSCPxj