sipa changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged. | For logs and more information, visit http://bitcoin.ninja
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<Nate_>
hey
<Nate_>
anyone on?
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<sipa>
no
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<ryanofsky>
jonasschnelli, i think if you're using pcoinsdbview you don't need cs_main, but if you using pcoinsTip you do
<ryanofsky>
sorry, wrong channel
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<contrapumpkin>
I was wondering if it would be possible to create a "time-locked" safe scheme where outputs are only spendable for a few hours every month, for example
<contrapumpkin>
by modding block height
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<contrapumpkin>
so it's slightly more intricate than the usual "locked until block X" example
<contrapumpkin>
but it doesn't look like there's an easy way to get the current block height into the script as a value, so maybe this is a non-starter
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<contrapumpkin>
and when I say hours/month, I mean their block equivalents, obviously
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<sipa>
contrapumpkin: a general principle is that once valid, a transaction must remain valid (except through double spending)
<wumpus>
otherwise it's not robust against reorganizations
<contrapumpkin>
oh, fair enough
<contrapumpkin>
so this is fundamentally not going to work
<contrapumpkin>
unless you have an active agent moving the coins once a month
<sipa>
otherwise you complicate mempool management (you'd need to re-evaluate all scripts all the time), fee estimation and wallet behaviour, and break fungibility (some coins i may need to spend wuickly if they directly or indirectly depend on something that's going to expire soon)
<wumpus>
not at the block chain level; you could have signing hardware that refuses to sign except in some time window
<contrapumpkin>
yeah, that all makes sense
<contrapumpkin>
oh well :) thanks
<sipa>
or have an RBF ready with a timelock slightly later
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<contrapumpkin>
cool, not a big deal
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<kamilo1122>
Witam
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<waxwing>
sipa, that seems like the most common Q/misunderstanding on this channel ("monotonicity of validity")
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