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Date: Tue, 30 Jan 2024 04:49:57 +0000
From: Peter Todd <pete@petertodd.org>
To: jlspc <jlspc@protonmail.com>
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Cc: bitcoin-dev@lists.linuxfoundation.org
Subject: Re: [bitcoin-dev] CheckTemplateVerify Does Not Scale Due to UTXO's
Required For Fee Payment
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On Thu, Jan 25, 2024 at 05:49:26PM +0000, jlspc wrote:
> Hi Peter,
>=20
> If feerate-dependent timelocks (FDTs) (1) are supported, it would be poss=
ible to use CTV to define a transaction with a fixed fee and no anchor outp=
uts, as long as it's racing against a transaction with an FDT.
Fee-rate-dependant timelocks have obvious issues around manipulation of
observed fee-rates by miners. It not unreasonable to say they assume miners=
are
honest, which is a significant weakening of the economic incentive-based
security model we usually assume in Bitcoin.
--=20
https://petertodd.org 'peter'[:-1]@petertodd.org
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