Why Nostr? What is Njump?
2023-06-07 15:46:54
in reply to

Rusty Russell [ARCHIVE] on Nostr: 📅 Original date posted:2015-08-27 📝 Original message:Btc Drak via bitcoin-dev ...

📅 Original date posted:2015-08-27
📝 Original message:Btc Drak via bitcoin-dev <bitcoin-dev at lists.linuxfoundation.org> writes:
> This BIP has been assigned BIP112 by the BIP repository maintainer. I
> have updated the pull request accordingly.
>
> Regarding the suggestion to cannibalise version, by your own
> disadvantage list, we would lose fine grained control over txins which
> neuters the usefulness considerably. Also using version is also ugly
> because there isn't a semantic association with what we are trying to
> do, whereas, sequence is associated with transaction finality and is
> thus the more appropriate and logical field to use.

OK, having implemented lightning test code against the initial proposal,
I can give the following anecdata:

- I screwed up inversion in my initial implementation. Please kill it.

- 256 second granularity would be be fine in deployment, but a bit
painful for testing (I currently use 60 seconds, and "sleep 61"). 64
would work better for me, and works roughly as minutes.

- 1 year should be sufficient as a max; my current handwave is <= 1 day
per lightning hop, max 12 hops, though we have no deployment data.

- We should immediately deploy an IsStandard() rule which insists that
nSequence is 0xFFFFFFFF or 0, so nobody screws themselves when we
soft fork and they had random junk in there.

Aside: I'd also like to have nLockTime apply even if nSequence !=
0xFFFFFFFF (another mistake I made). So I'd like an IsStandard() rule
to say it nLockTime be 0 if an nSequence != 0xFFFFFFFF. Would that
screw anyone currently?

Thanks,
Rusty.
Author Public Key
npub1zw7cc8z78v6s3grujfvcv3ckpvg6kr0w7nz9yzvwyglyg0qu5sjsqhkhpx