Received: from sog-mx-2.v43.ch3.sourceforge.com ([172.29.43.192] helo=mx.sourceforge.net) by sfs-ml-4.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1WYIJi-0005jP-EK for bitcoin-development@lists.sourceforge.net; Thu, 10 Apr 2014 16:59:10 +0000 Received: from mail-pa0-f53.google.com ([209.85.220.53]) by sog-mx-2.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) (Exim 4.76) id 1WYIJh-0007Of-B5 for bitcoin-development@lists.sourceforge.net; Thu, 10 Apr 2014 16:59:10 +0000 Received: by mail-pa0-f53.google.com with SMTP id ld10so4163386pab.26 for ; Thu, 10 Apr 2014 09:59:03 -0700 (PDT) X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20130820; h=x-gm-message-state:message-id:date:from:organization:user-agent :mime-version:to:subject:references:in-reply-to:content-type :content-transfer-encoding; bh=V+w+q4KUnWWcWVDjV4cSY5P8PK0cN+tIpcTB2SeRER8=; b=fEg5k2QfiI7PE7ojtf1bEBro4noNukB1KFg7TFRP/W0JAfdZbvr5FGxs5cWRNpY1+1 sQD7k9ay01whkV1Qe5aXwWXMnO+g2G3omAtDmWEfSLHQlFD2lL3b19FOOFfiXiqwpf+2 5n+OughdrdyRMJFR/XsQ0z+upqnwu5toKm3mrGLfEURmprsda3HAHhL7+cWMhN/4y3Xa +ArnAoq2MZ0vWZtR4YM0dKnZ8OBRNCrkAUkHkhNwwZ8TdWgg9UWbYUEczt2uWqKVeGcc a0mxoVrmHN/ZkHTsruIJFUMzkmSVC3DOB6e30G0TmNuMf2xCceEoOzB/UIKNre9iIVc2 ja7A== X-Gm-Message-State: ALoCoQlXFvrTTtbCe9dAym8v0NTj0LUcwhZlv6+foX91cQOWDFEyTbkfFKEe+wQA8K9YmtF/TNmF X-Received: by 10.66.122.101 with SMTP id lr5mr21082603pab.130.1397149143324; Thu, 10 Apr 2014 09:59:03 -0700 (PDT) Received: from [192.168.127.226] (50-0-36-93.dsl.dynamic.sonic.net. [50.0.36.93]) by mx.google.com with ESMTPSA id vo1sm23010263pab.32.2014.04.10.09.59.01 for (version=TLSv1 cipher=ECDHE-RSA-RC4-SHA bits=128/128); Thu, 10 Apr 2014 09:59:02 -0700 (PDT) Message-ID: <5346CDD4.8050206@monetize.io> Date: Thu, 10 Apr 2014 09:59:00 -0700 From: Mark Friedenbach Organization: Monetize.io Inc. User-Agent: Mozilla/5.0 (X11; Linux x86_64; rv:24.0) Gecko/20100101 Thunderbird/24.4.0 MIME-Version: 1.0 To: Flavien Charlon , Bitcoin Dev References: <5341E1FF.7080204@monetize.io> <5342BEE0.3050204@monetize.io> In-Reply-To: X-Enigmail-Version: 1.6 Content-Type: text/plain; charset=ISO-8859-1 Content-Transfer-Encoding: 7bit X-Spam-Score: 0.0 (/) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. X-Headers-End: 1WYIJh-0007Of-B5 Subject: Re: [Bitcoin-development] Feedback request: colored coins protocol X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Thu, 10 Apr 2014 16:59:10 -0000 On 04/10/2014 05:19 AM, Flavien Charlon wrote: > By the way, padding doesn't solve the issue entirely (issuing 10 billion > shares sill takes you 100 BTC, even with padding and 1 satoshi = 1 > share), so I am going for the solution where the asset quantity of every > output is explicitly encoded in the OP_RETURN output. That way, whether > you are issuing 1 share or 100 trillions, you never need to pay more > than 540 satoshis. At this point, I don't think what you are doing is even colored coins anymore. You might want to look into Counterparty or Mastercoin.