📅 Original date posted:2015-07-22
📝 Original message:On Wed, Jul 22, 2015 at 4:34 PM, Tier Nolan via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> It also requires most clients to be updated to support the new address
> system.
That's the killer: introducing Yet Another Type of Bitcoin Address takes a
very long time and requires a lot of people to change their code. At least,
that was the lesson learned when we introduced P2SH addresses.
I think it's just not worth it for a very modest space savings (10 bytes,
when scriptSig+scriptPubKey is about 120 bytes), especially with the
extreme decrease in security (going from 2^160 to 2^80 to brute-force).
--
--
Gavin Andresen
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150722/39f4e2ee/attachment.html>;
Gavin Andresen [ARCHIVE] /
npub1s4…d44kw
2023-06-07 15:43:14
in reply to nevent1q…pr6z
Author Public Key
npub1s4lj77xuzcu7wy04afcr487f0r3za0f8n2775xrpkld2sv639mjqsd44kwPublished at
2023-06-07 15:43:14Event JSON
{
"id": "31fdfab1bd5e96f40c6ede7bec5842056359634659419e87b39676002880f177",
"pubkey": "857f2f78dc1639e711f5ea703a9fc978e22ebd279abdea1861b7daa833512ee4",
"created_at": 1686152594,
"kind": 1,
"tags": [
[
"e",
"c930b66ac9bba5c339fe9fa3b5470a0d2792ed6e412775967d6cc963ca45f737",
"",
"root"
],
[
"e",
"44908b280af695b3002a13963bf124fffade708779523ea32a1c91373cc74710",
"",
"reply"
],
[
"p",
"46986f86b97cc97829a031b03209644d134b939d0163375467f0b1363e0d875e"
]
],
"content": "📅 Original date posted:2015-07-22\n📝 Original message:On Wed, Jul 22, 2015 at 4:34 PM, Tier Nolan via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e It also requires most clients to be updated to support the new address\n\u003e system.\n\n\nThat's the killer: introducing Yet Another Type of Bitcoin Address takes a\nvery long time and requires a lot of people to change their code. At least,\nthat was the lesson learned when we introduced P2SH addresses.\n\nI think it's just not worth it for a very modest space savings (10 bytes,\nwhen scriptSig+scriptPubKey is about 120 bytes), especially with the\nextreme decrease in security (going from 2^160 to 2^80 to brute-force).\n\n-- \n--\nGavin Andresen\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150722/39f4e2ee/attachment.html\u003e",
"sig": "a0e2f92c97f12846897a1680dbfdf52a20d4000460b10babc4d4631c5b03c8244e8c2aba95175ab3ea438214eb19fcc4694e63ccc48be6f77ddba666eb26f890"
}