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From: William Casarin <jb55@jb55.com>
To: Mike Brooks <m@ib.tc>, bitcoin-dev@lists.linuxfoundation.org
In-Reply-To: <CALFqKjQkQwuxjeYkGWO_Y_HhNQmJgrjqF3m04hbORV7FSbsi3Q@mail.gmail.com>
References: <CALFqKjQkQwuxjeYkGWO_Y_HhNQmJgrjqF3m04hbORV7FSbsi3Q@mail.gmail.com>
Date: Fri, 19 Jul 2019 08:17:22 -0700
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Subject: Re: [bitcoin-dev] PubRef - Script OP Code For Public Data References
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Hello Mike,
Mike Brooks via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org>
writes:
> Motivation
>
> Giving scripts the ability to refer to data on the blockchain will reduce
> transaction sizes because key material does not have to be repeated in
> every Script. Users of the network are rewarded with smaller transaction
> sizes, and miners are able to fit more transactions into new blocks.
> Pointers are a common feature and it felt like this was missing from
> Bitcoin Script.
This would incentivize address re-use which would be bad for
fungibility. It appears you're trying to optimize a use case which is
already discouraged :(
Cheers,
Will
--
https://jb55.com
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