Peter Todd [ARCHIVE] on Nostr: 📅 Original date posted:2017-09-27 📝 Original message:On Wed, Sep 27, 2017 at ...

📅 Original date posted:2017-09-27
📝 Original message:On Wed, Sep 27, 2017 at 12:06:54PM -0400, Peter Todd via bitcoin-dev wrote:
> Being just an expiration time, seconds-level resolution is unnecessary, and
> may give the wrong impression. I'd suggest either:
>
> 1) Hour resolution - 2^24 hours = 1914 years
> 2) Month resolution - 2^16 months = 5458 years

Just remembered: it's notable how Coinbase has a 10 minute timeout on their
payment window, which is in effect a 10 minute expiry time for the address.
Presumably they'd make use of this feature if it existed.

--
https://petertodd.org 'peter'[:-1]@petertodd.org
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