#bitcoin-wizards on 2020-09-24 — irc logs at freenode.irclog.whitequark.org

2015-10-30 00:53 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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03:50 <roasbeef> adam3us: CSFS is super useful in isolation, but imo the usage for covenatns really blows up the witness script w/ all the parsing operations and is really using a pearing knife to carve a tree, so why not something like jl2012's old proposal: https://github.com/jl2012/bips/blob/vault/bip-0ZZZ.mediawiki

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03:51 <roasbeef> so you get data pushed on teh stack from teh transaction context, then can make decisions off of that

03:52 <roasbeef> sanket1729: don't recall there being any major ones, may have been a lot opportunity to package as part of the schnorr stuff given it's such a small patch, I had a drafty bip but never finished it as got distracted by other stuff

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03:59 <roasbeef> for eaxmple w/ CSFS, you can do eltoo like update replacement w/o over loading the locktime so it can be used for other stuff during state transitions

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07:19 * adlai is unconvinced that 'the option for the counterparty to abort the trade if price moves against them' is a protocol-breaking problem; cf 'transactions', in the database world

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15:31 <instagibbs> roasbeef, I assume you meant "used alone for covenants" it blows up witness

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