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To: Christopher Jeffrey <chjj@purse.io>
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Subject: Re: [bitcoin-dev] Extension block proposal by Jeffrey et al
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To make it completely transparent to unupgraded wallets, the return =
outputs have to be sent to something that is non-standard today, i.e. =
not P2PK, P2PKH, P2SH, bare multi-sig, and (with BIP141) v0 P2WPKH and =
v0 P2WSH.
Mainchain segwit is particularly important here, as that allows atomic =
swap between the bitcoin and xbitcoin. Only services with high liquidity =
(exchanges, payment processors) would need to occasionally settle =
between the chains.
> On 9 May 2017, at 08:56, Christopher Jeffrey <chjj@purse.io> wrote:
>=20
> Johnson,
>=20
> Yeah, I do still see the issue. I think there are still some =
reasonable
> ways to mitigate it.
>=20
> I've started revising the extension block specification/code to =
coexist
> with mainchain segwit. I think the benefit of this is that we can
> require exiting outputs to only be witness programs. Presumably segwit
> wallets will be more likely to be aware of a new output maturity rule
> (I've opened a PR[1] which describes this in greater detail). I think
> this probably reduces the likelihood of the legacy wallet issue,
> assuming most segwit-supporting wallets would implement this rule =
before
> the activation of segwit.
>=20
> What's your opinion on whether this would have a great enough effect =
to
> prevent the legacy wallet issue? I think switching to witness programs
> only may be a good balance between fungibility and backward-compat,
> probably better all around than creating a whole new
> addr-type/wit-program just for exits.
>=20
> [1] https://github.com/tothemoon-org/extension-blocks/pull/16 =
<https://github.com/tothemoon-org/extension-blocks/pull/16>
>=20
--Apple-Mail=_65CBB807-ADD2-4F85-94BA-25868159BF79
Content-Transfer-Encoding: quoted-printable
Content-Type: text/html;
charset=us-ascii
<html><head><meta http-equiv=3D"Content-Type" content=3D"text/html =
charset=3Dus-ascii"></head><body style=3D"word-wrap: break-word; =
-webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" =
class=3D""><div class=3D"">To make it completely transparent to =
unupgraded wallets, the return outputs have to be sent to something that =
is non-standard today, i.e. not P2PK, P2PKH, P2SH, bare multi-sig, and =
(with BIP141) v0 P2WPKH and v0 P2WSH.</div><div class=3D""><br =
class=3D""></div><div class=3D"">Mainchain segwit is particularly =
important here, as that allows atomic swap between the bitcoin and =
xbitcoin. Only services with high liquidity (exchanges, payment =
processors) would need to occasionally settle between the =
chains.</div><div class=3D""><br class=3D""></div><br =
class=3D""><div><blockquote type=3D"cite" class=3D""><div class=3D"">On =
9 May 2017, at 08:56, Christopher Jeffrey <<a =
href=3D"mailto:chjj@purse.io" class=3D"">chjj@purse.io</a>> =
wrote:</div><br class=3D"Apple-interchange-newline"><div class=3D""><span =
style=3D"font-family: Helvetica; font-size: 12px; font-style: normal; =
font-variant-caps: normal; font-weight: normal; letter-spacing: normal; =
orphans: auto; text-align: start; text-indent: 0px; text-transform: =
none; white-space: normal; widows: auto; word-spacing: 0px; =
-webkit-text-stroke-width: 0px; float: none; display: inline =
!important;" class=3D"">Johnson,</span><br style=3D"font-family: =
Helvetica; font-size: 12px; font-style: normal; font-variant-caps: =
normal; font-weight: normal; letter-spacing: normal; orphans: auto; =
text-align: start; text-indent: 0px; text-transform: none; white-space: =
normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: =
0px;" class=3D""><br style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px;" class=3D""><span =
style=3D"font-family: Helvetica; font-size: 12px; font-style: normal; =
font-variant-caps: normal; font-weight: normal; letter-spacing: normal; =
orphans: auto; text-align: start; text-indent: 0px; text-transform: =
none; white-space: normal; widows: auto; word-spacing: 0px; =
-webkit-text-stroke-width: 0px; float: none; display: inline =
!important;" class=3D"">Yeah, I do still see the issue. I think there =
are still some reasonable</span><br style=3D"font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant-caps: normal; =
font-weight: normal; letter-spacing: normal; orphans: auto; text-align: =
start; text-indent: 0px; text-transform: none; white-space: normal; =
widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;" =
class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">ways to mitigate it.</span><br =
style=3D"font-family: Helvetica; font-size: 12px; font-style: normal; =
font-variant-caps: normal; font-weight: normal; letter-spacing: normal; =
orphans: auto; text-align: start; text-indent: 0px; text-transform: =
none; white-space: normal; widows: auto; word-spacing: 0px; =
-webkit-text-stroke-width: 0px;" class=3D""><br style=3D"font-family: =
Helvetica; font-size: 12px; font-style: normal; font-variant-caps: =
normal; font-weight: normal; letter-spacing: normal; orphans: auto; =
text-align: start; text-indent: 0px; text-transform: none; white-space: =
normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: =
0px;" class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">I've started revising the extension block =
specification/code to coexist</span><br style=3D"font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant-caps: normal; =
font-weight: normal; letter-spacing: normal; orphans: auto; text-align: =
start; text-indent: 0px; text-transform: none; white-space: normal; =
widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;" =
class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">with mainchain segwit. I think the =
benefit of this is that we can</span><br style=3D"font-family: =
Helvetica; font-size: 12px; font-style: normal; font-variant-caps: =
normal; font-weight: normal; letter-spacing: normal; orphans: auto; =
text-align: start; text-indent: 0px; text-transform: none; white-space: =
normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: =
0px;" class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">require exiting outputs to only be =
witness programs. Presumably segwit</span><br style=3D"font-family: =
Helvetica; font-size: 12px; font-style: normal; font-variant-caps: =
normal; font-weight: normal; letter-spacing: normal; orphans: auto; =
text-align: start; text-indent: 0px; text-transform: none; white-space: =
normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: =
0px;" class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">wallets will be more likely to be aware =
of a new output maturity rule</span><br style=3D"font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant-caps: normal; =
font-weight: normal; letter-spacing: normal; orphans: auto; text-align: =
start; text-indent: 0px; text-transform: none; white-space: normal; =
widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;" =
class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">(I've opened a PR[1] which describes this =
in greater detail). I think</span><br style=3D"font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant-caps: normal; =
font-weight: normal; letter-spacing: normal; orphans: auto; text-align: =
start; text-indent: 0px; text-transform: none; white-space: normal; =
widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;" =
class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">this probably reduces the likelihood of =
the legacy wallet issue,</span><br style=3D"font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant-caps: normal; =
font-weight: normal; letter-spacing: normal; orphans: auto; text-align: =
start; text-indent: 0px; text-transform: none; white-space: normal; =
widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;" =
class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">assuming most segwit-supporting wallets =
would implement this rule before</span><br style=3D"font-family: =
Helvetica; font-size: 12px; font-style: normal; font-variant-caps: =
normal; font-weight: normal; letter-spacing: normal; orphans: auto; =
text-align: start; text-indent: 0px; text-transform: none; white-space: =
normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: =
0px;" class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">the activation of segwit.</span><br =
style=3D"font-family: Helvetica; font-size: 12px; font-style: normal; =
font-variant-caps: normal; font-weight: normal; letter-spacing: normal; =
orphans: auto; text-align: start; text-indent: 0px; text-transform: =
none; white-space: normal; widows: auto; word-spacing: 0px; =
-webkit-text-stroke-width: 0px;" class=3D""><br style=3D"font-family: =
Helvetica; font-size: 12px; font-style: normal; font-variant-caps: =
normal; font-weight: normal; letter-spacing: normal; orphans: auto; =
text-align: start; text-indent: 0px; text-transform: none; white-space: =
normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: =
0px;" class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">What's your opinion on whether this would =
have a great enough effect to</span><br style=3D"font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant-caps: normal; =
font-weight: normal; letter-spacing: normal; orphans: auto; text-align: =
start; text-indent: 0px; text-transform: none; white-space: normal; =
widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;" =
class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">prevent the legacy wallet issue? I think =
switching to witness programs</span><br style=3D"font-family: Helvetica; =
font-size: 12px; font-style: normal; font-variant-caps: normal; =
font-weight: normal; letter-spacing: normal; orphans: auto; text-align: =
start; text-indent: 0px; text-transform: none; white-space: normal; =
widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;" =
class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">only may be a good balance between =
fungibility and backward-compat,</span><br style=3D"font-family: =
Helvetica; font-size: 12px; font-style: normal; font-variant-caps: =
normal; font-weight: normal; letter-spacing: normal; orphans: auto; =
text-align: start; text-indent: 0px; text-transform: none; white-space: =
normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: =
0px;" class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">probably better all around than creating =
a whole new</span><br style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px;" class=3D""><span =
style=3D"font-family: Helvetica; font-size: 12px; font-style: normal; =
font-variant-caps: normal; font-weight: normal; letter-spacing: normal; =
orphans: auto; text-align: start; text-indent: 0px; text-transform: =
none; white-space: normal; widows: auto; word-spacing: 0px; =
-webkit-text-stroke-width: 0px; float: none; display: inline =
!important;" class=3D"">addr-type/wit-program just for exits.</span><br =
style=3D"font-family: Helvetica; font-size: 12px; font-style: normal; =
font-variant-caps: normal; font-weight: normal; letter-spacing: normal; =
orphans: auto; text-align: start; text-indent: 0px; text-transform: =
none; white-space: normal; widows: auto; word-spacing: 0px; =
-webkit-text-stroke-width: 0px;" class=3D""><br style=3D"font-family: =
Helvetica; font-size: 12px; font-style: normal; font-variant-caps: =
normal; font-weight: normal; letter-spacing: normal; orphans: auto; =
text-align: start; text-indent: 0px; text-transform: none; white-space: =
normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: =
0px;" class=3D""><span style=3D"font-family: Helvetica; font-size: 12px; =
font-style: normal; font-variant-caps: normal; font-weight: normal; =
letter-spacing: normal; orphans: auto; text-align: start; text-indent: =
0px; text-transform: none; white-space: normal; widows: auto; =
word-spacing: 0px; -webkit-text-stroke-width: 0px; float: none; display: =
inline !important;" class=3D"">[1]<span =
class=3D"Apple-converted-space"> </span></span><a =
href=3D"https://github.com/tothemoon-org/extension-blocks/pull/16" =
style=3D"font-family: Helvetica; font-size: 12px; font-style: normal; =
font-variant-caps: normal; font-weight: normal; letter-spacing: normal; =
orphans: auto; text-align: start; text-indent: 0px; text-transform: =
none; white-space: normal; widows: auto; word-spacing: 0px; =
-webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px;" =
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