TheGuySwann on Nostr: I read through most of what you linked to here and I haven’t found a single ...
I read through most of what you linked to here and I haven’t found a single connection between MEV and CTV in any of it.
In what way do you think CTV will cause this issue? None of what it does can be done *to* someone, you have to sign and place all the signature requirements into it yourself. The first article does a decent job of explaining why it’s very useful, but also makes almost no change in the security assumptions, because it’s just another type of restriction you can place on your own coins.
Literally Lightning is trying to do exactly what CTV does, except in a complicated, multi step, numerous interaction way. So if the basic function of CTV is bad somehow, then so would a multisig that attempts to have rules not in the actual transaction to adhere to…
ie. You and I are in a multisig and we agree that .1 belongs to you and .2 belongs to me. CTV literally just makes that simple and easy to understand, instead of complicated and needing multiple interactions and signings.
Published at
2024-08-29 17:35:17Event JSON
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"content": "I read through most of what you linked to here and I haven’t found a single connection between MEV and CTV in any of it.\n\nIn what way do you think CTV will cause this issue? None of what it does can be done *to* someone, you have to sign and place all the signature requirements into it yourself. The first article does a decent job of explaining why it’s very useful, but also makes almost no change in the security assumptions, because it’s just another type of restriction you can place on your own coins.\n\nLiterally Lightning is trying to do exactly what CTV does, except in a complicated, multi step, numerous interaction way. So if the basic function of CTV is bad somehow, then so would a multisig that attempts to have rules not in the actual transaction to adhere to…\n\nie. You and I are in a multisig and we agree that .1 belongs to you and .2 belongs to me. CTV literally just makes that simple and easy to understand, instead of complicated and needing multiple interactions and signings.",
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