rhavar at protonmail.com [ARCHIVE] on Nostr: 📅 Original date posted:2019-01-27 📝 Original message:> Why does the template ...

📅 Original date posted:2019-01-27
📝 Original message:> Why does the template transaction need to be signed in step one and passed back and forth so many times? What is wrong with:

It isn't passed "back and forth so many times". It works exactly as you proposed, with the only difference is in "Step 1" the sender uses a *signed* transaction instead of an unsigned one. This is an important anti-DoS/anti-spy tactic, as it proves the sender actually owns those inputs and if the protocol is not followed to completion, the transaction can be dumped on the network.
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