Received: from sog-mx-1.v43.ch3.sourceforge.com ([172.29.43.191] helo=mx.sourceforge.net) by sfs-ml-2.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1Y9ZU7-00029D-3K for bitcoin-development@lists.sourceforge.net; Fri, 09 Jan 2015 13:20:15 +0000 Received-SPF: pass (sog-mx-1.v43.ch3.sourceforge.com: domain of gmail.com designates 209.85.212.172 as permitted sender) client-ip=209.85.212.172; envelope-from=mh.in.england@gmail.com; helo=mail-wi0-f172.google.com; Received: from mail-wi0-f172.google.com ([209.85.212.172]) by sog-mx-1.v43.ch3.sourceforge.com with esmtps (TLSv1:RC4-SHA:128) (Exim 4.76) id 1Y9ZU6-0001fP-1D for bitcoin-development@lists.sourceforge.net; Fri, 09 Jan 2015 13:20:15 +0000 Received: by mail-wi0-f172.google.com with SMTP id n3so2206478wiv.5 for ; Fri, 09 Jan 2015 05:20:08 -0800 (PST) MIME-Version: 1.0 X-Received: by 10.180.206.47 with SMTP id ll15mr5218129wic.34.1420809607897; Fri, 09 Jan 2015 05:20:07 -0800 (PST) Sender: mh.in.england@gmail.com Received: by 10.194.188.9 with HTTP; Fri, 9 Jan 2015 05:20:07 -0800 (PST) In-Reply-To: References: Date: Fri, 9 Jan 2015 14:20:07 +0100 X-Google-Sender-Auth: n2n3mfGAxcQr1W4sXuEkDjsFWGE Message-ID: From: Mike Hearn To: Nathan Cook Content-Type: multipart/alternative; boundary=001a11c25c20f97fe4050c3803bc X-Spam-Score: -0.5 (/) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for sender-domain 0.0 FREEMAIL_FROM Sender email is commonly abused enduser mail provider (mh.in.england[at]gmail.com) -0.0 SPF_PASS SPF: sender matches SPF record 1.0 HTML_MESSAGE BODY: HTML included in message 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature X-Headers-End: 1Y9ZU6-0001fP-1D Cc: Bitcoin Dev Subject: Re: [Bitcoin-development] Bi-directional micropayment channels with CHECKLOCKTIMEVERIFY 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: Fri, 09 Jan 2015 13:20:15 -0000 --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
A limitation on most existing micropayme= nt channel ideas is that payments can only flow in one direction.=C2=A0

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.

--001a11c25c20f97fe4050c3803bc--