Mike Hearn [ARCHIVE] on Nostr: 📅 Original date posted:2014-03-10 📝 Original message:No, this doesn't make any ...
📅 Original date posted:2014-03-10
📝 Original message:No, this doesn't make any sense. Multisig outputs are a tool you use to
build helpful features, not a feature in and of themselves.
By all means create a nice protocol, implementation and BIP for something
like:
- Creation of multi-user money pools for managing an organisations funds
- Dispute mediated transactions
- Watchdog services that provide a third party risk analysis of transactions
- Micropayment channels (actually me and Matt already did this, sans BIP)
but trying to do just "multisig" won't work well.
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Published at
2023-06-07 15:15:02Event JSON
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"content": "📅 Original date posted:2014-03-10\n📝 Original message:No, this doesn't make any sense. Multisig outputs are a tool you use to\nbuild helpful features, not a feature in and of themselves.\n\nBy all means create a nice protocol, implementation and BIP for something\nlike:\n\n- Creation of multi-user money pools for managing an organisations funds\n- Dispute mediated transactions\n- Watchdog services that provide a third party risk analysis of transactions\n- Micropayment channels (actually me and Matt already did this, sans BIP)\n\nbut trying to do just \"multisig\" won't work well.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140310/15a41f5c/attachment.html\u003e",
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