📅 Original date posted:2016-08-03
📝 Original message:>From what I've seen, most people build their own account system separately
(including fee management) and just use bitcoind to send, receive, and
verify transactions. It's not meant to be a drop-in solution for running an
entire bitcoin deposit and withdrawal system, it just provides the bare
tools required to build your own. If you need a pre-built solution, there
are companies that provide those types of services as a platform (BitGo,
for example).
On Wed, Aug 3, 2016, 11:25 Marc Larue via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> Hi,
>
> I have 2 problems with bitcoind that separately are not a problem but
> together they make the platform unusable for many projects.
>
> If I have accounts I need to make sure the account holders do not
> overcharge their account. To do this I can now use "createrawtransaction()
> + fundrawtransaction() + signrawtransaction()" and then make sure the
> transaction can be paid by an account.
>
> But since you deprecated the accounts and there is no
> sendrawtransactionfrom() method; I either have to build my own account
> system (this is no picknick btw, since you need to track all incoming
> funds to all addresses and having an integrated account system in bitcoind
> is 100% necessary to do this effectively).
>
> Or I might be able to go ahead and speculate that you will not be able to
> untangle the account code and hack my bitcoind to have a sendfrom with a
> fixed fee parameter that overrides the size multiplication and I just do
> the math before I send hoping that the transactions go through (this is
> bad but better than having accounts overcharge because they send dust that
> induce high fees).
>
> I understand the privacy problems with using accounts for off-chain
> microstransactions but currently it's the best workable option.
>
> I hope you understand that I'm not trolling here, I have been mining since
> 2011 on FPGAs and built bitcoinbankbook.com 2 years ago. When I descovered
> that once transactions will require fees (back then they didn't) and that
> your system is not able to handle fees with accounts, I stopped developing
> everything related to bitcoin.
>
> There are probably 100s if not 1000s of developers in the same situation.
>
> You can't just deprecate accounts like that because nobody likes the code.
> Without accounts bitcoind is only a person-to-person manual client.
>
> To build many-to-many automatic "organisations" on top of bitcoind you
> need accounts and you need fees that are predictable.
>
> Kind Regards,
>
> /marc
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
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James MacWhyte [ARCHIVE] /
npub12t…pye9h
2023-06-07 17:52:10
in reply to nevent1q…hkah
Author Public Key
npub12tjaqer27049ejmvf0f3yd7kq6p93gg6ecavgrczge4rlzf59y5q2pye9hPublished at
2023-06-07 17:52:10Event JSON
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"content": "📅 Original date posted:2016-08-03\n📝 Original message:\u003eFrom what I've seen, most people build their own account system separately\n(including fee management) and just use bitcoind to send, receive, and\nverify transactions. It's not meant to be a drop-in solution for running an\nentire bitcoin deposit and withdrawal system, it just provides the bare\ntools required to build your own. If you need a pre-built solution, there\nare companies that provide those types of services as a platform (BitGo,\nfor example).\n\nOn Wed, Aug 3, 2016, 11:25 Marc Larue via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e Hi,\n\u003e\n\u003e I have 2 problems with bitcoind that separately are not a problem but\n\u003e together they make the platform unusable for many projects.\n\u003e\n\u003e If I have accounts I need to make sure the account holders do not\n\u003e overcharge their account. To do this I can now use \"createrawtransaction()\n\u003e + fundrawtransaction() + signrawtransaction()\" and then make sure the\n\u003e transaction can be paid by an account.\n\u003e\n\u003e But since you deprecated the accounts and there is no\n\u003e sendrawtransactionfrom() method; I either have to build my own account\n\u003e system (this is no picknick btw, since you need to track all incoming\n\u003e funds to all addresses and having an integrated account system in bitcoind\n\u003e is 100% necessary to do this effectively).\n\u003e\n\u003e Or I might be able to go ahead and speculate that you will not be able to\n\u003e untangle the account code and hack my bitcoind to have a sendfrom with a\n\u003e fixed fee parameter that overrides the size multiplication and I just do\n\u003e the math before I send hoping that the transactions go through (this is\n\u003e bad but better than having accounts overcharge because they send dust that\n\u003e induce high fees).\n\u003e\n\u003e I understand the privacy problems with using accounts for off-chain\n\u003e microstransactions but currently it's the best workable option.\n\u003e\n\u003e I hope you understand that I'm not trolling here, I have been mining since\n\u003e 2011 on FPGAs and built bitcoinbankbook.com 2 years ago. When I descovered\n\u003e that once transactions will require fees (back then they didn't) and that\n\u003e your system is not able to handle fees with accounts, I stopped developing\n\u003e everything related to bitcoin.\n\u003e\n\u003e There are probably 100s if not 1000s of developers in the same situation.\n\u003e\n\u003e You can't just deprecate accounts like that because nobody likes the code.\n\u003e Without accounts bitcoind is only a person-to-person manual client.\n\u003e\n\u003e To build many-to-many automatic \"organisations\" on top of bitcoind you\n\u003e need accounts and you need fees that are predictable.\n\u003e\n\u003e Kind Regards,\n\u003e\n\u003e /marc\n\u003e _______________________________________________\n\u003e bitcoin-dev mailing list\n\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20160803/dce3245a/attachment.html\u003e",
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