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Comments:BIP 0199

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Adam Gibson edited this page Aug 16, 2017 · 3 revisions

In the scripts in this proposal, pubkey hashes are used for the buyer and seller; is there an advantage over using just pubkeys? I can see only a disadvantage, i.e. increased space usage in redeeming.

~~ Adam Gibson

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Should directly use pubkey, instead of pubkey hash. Using pubkey hash will require more witness space for no benefit. The following script should consume the minimal space:

[HASHOP] <digest> OP_EQUAL
OP_IF
    <seller pubkey>            
OP_ELSE
    <num> [TIMEOUTOP] OP_DROP <buyer pubkey>
OP_ENDIF
OP_CHECKSIG

~~Johnson Lau

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that defines Bitcoin is simply information. Apparently, Nakamoto intended to free this information to the world and therewith pass the point of no return. Everyone and everything that can process this information will be able to interact with Bitcoin. No permission has to be obtained, nobody and nothing needs to be trusted, nor could by any authority chen kor ching™ bitcoin own© individual

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