vjudeu at gazeta.pl [ARCHIVE] on Nostr: 📅 Original date posted:2022-02-24 📝 Original message:> what happens if/when it ...
📅 Original date posted:2022-02-24
📝 Original message:> what happens if/when it comes to pass that we increase payment precision by going sub-satoshi on chain?
When we talk about future improvements, there could be even bigger problem with ordinal numbers: what if/when we introduce some Monero-like system and hide coin amounts? (for example by using zero satoshi, because we have to use something that will be backward-compatible). Zero is quite interesting amount, because it means "skip amount checking for old clients". That can be used in many ways to introduce many protocols (and also to add fractional satoshis on-chain, because 0.4 satoshis could be represented as zero), so if that amounts will be simply ignored, then I wonder how it would be possible to connect some future protocol based on that with ordinal numbers.
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Published at
2023-06-07 23:04:50Event JSON
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"content": "📅 Original date posted:2022-02-24\n📝 Original message:\u003e what happens if/when it comes to pass that we increase payment precision by going sub-satoshi on chain?\nWhen we talk about future improvements, there could be even bigger problem with ordinal numbers: what if/when we introduce some Monero-like system and hide coin amounts? (for example by using zero satoshi, because we have to use something that will be backward-compatible). Zero is quite interesting amount, because it means \"skip amount checking for old clients\". That can be used in many ways to introduce many protocols (and also to add fractional satoshis on-chain, because 0.4 satoshis could be represented as zero), so if that amounts will be simply ignored, then I wonder how it would be possible to connect some future protocol based on that with ordinal numbers.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20220224/7038c088/attachment.html\u003e",
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