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Date: Wed, 1 Oct 2014 16:58:34 -0400
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From: Gavin Andresen <gavinandresen@gmail.com>
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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] [BIP draft] CHECKLOCKTIMEVERIFY - Prevent
a txout from being spent until an expiration time
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--089e01634b40645944050462c317
Content-Type: text/plain; charset=ISO-8859-1
On Wed, Oct 1, 2014 at 2:23 PM, Luke Dashjr <luke@dashjr.org> wrote:
> houghts on some way to have the stack item be incremented by the height at
> which the scriptPubKey was in a block? A limitation of encoding the target
> height/time directly, is that miners may choose not to mine the first
> transaction until they can also take the "burn to fee".
>
If the first transaction is P2SH, then the miner won't know there is an
advantage to holding it until it is too late (the scriptPubKey is an opaque
hash until the second transaction is final and relayed/broadcast).
--
--
Gavin Andresen
--089e01634b40645944050462c317
Content-Type: text/html; charset=ISO-8859-1
Content-Transfer-Encoding: quoted-printable
<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote">On W=
ed, Oct 1, 2014 at 2:23 PM, Luke Dashjr <span dir=3D"ltr"><<a href=3D"ma=
ilto:luke@dashjr.org" target=3D"_blank">luke@dashjr.org</a>></span> wrot=
e:<br><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-l=
eft:1px #ccc solid;padding-left:1ex"><div id=3D":15p" class=3D"a3s" style=
=3D"overflow:hidden">houghts on some way to have the stack item be incremen=
ted by the height at<br>
which the scriptPubKey was in a block? A limitation of encoding the target<=
br>
height/time directly, is that miners may choose not to mine the first<br>
transaction until they can also take the "burn to fee". </div></b=
lockquote></div><br>If the first transaction is P2SH, then the miner won=
9;t know there is an advantage to holding it until it is too late (the scri=
ptPubKey is an opaque hash until the second transaction is final and relaye=
d/broadcast).</div><div class=3D"gmail_extra"><br></div><div class=3D"gmail=
_extra"><div><br></div>-- <br>--<br>Gavin Andresen<br>
</div></div>
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