William Casarin [ARCHIVE] on Nostr: š
Original date posted:2019-07-19 š Original message:Hello Mike, Mike Brooks ...
š
Original date posted:2019-07-19
š Original message:Hello Mike,
Mike Brooks via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org>
writes:
> Motivation
>
> Giving scripts the ability to refer to data on the blockchain will reduce
> transaction sizes because key material does not have to be repeated in
> every Script. Users of the network are rewarded with smaller transaction
> sizes, and miners are able to fit more transactions into new blocks.
> Pointers are a common feature and it felt like this was missing from
> Bitcoin Script.
This would incentivize address re-use which would be bad for
fungibility. It appears you're trying to optimize a use case which is
already discouraged :(
Cheers,
Will
--
https://jb55.comPublished at
2023-06-07 18:19:29Event JSON
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Original date posted:2019-07-19\nš Original message:Hello Mike,\n\nMike Brooks via bitcoin-dev \u003cbitcoin-dev at lists.linuxfoundation.org\u003e\nwrites:\n\n\u003e Motivation\n\u003e\n\u003e Giving scripts the ability to refer to data on the blockchain will reduce\n\u003e transaction sizes because key material does not have to be repeated in\n\u003e every Script. Users of the network are rewarded with smaller transaction\n\u003e sizes, and miners are able to fit more transactions into new blocks.\n\u003e Pointers are a common feature and it felt like this was missing from\n\u003e Bitcoin Script.\n\nThis would incentivize address re-use which would be bad for\nfungibility. It appears you're trying to optimize a use case which is\nalready discouraged :(\n\nCheers,\nWill\n\n-- \nhttps://jb55.com",
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