Peter Todd [ARCHIVE] on Nostr: 📅 Original date posted:2013-06-01 📝 Original message:On Sat, Jun 01, 2013 at ...

📅 Original date posted:2013-06-01
📝 Original message:On Sat, Jun 01, 2013 at 08:34:29PM +0000, Luke-Jr wrote:
> On Saturday, June 01, 2013 7:30:36 PM Peter Todd wrote:
> > scriptPubKey: <data> OP_TRUE
> >
> > ...
> > Along with that change anyone-can-spend outputs should be make IsStandard()
> > so they will be relayed.
>
> Data does not belong in the blockchain. People running nodes have all
> implicitly agreed to store the blocks for financial purposes, and storing data
> is a violation of that social contract. Proof-of-stake may be arguably
> financial, but I'm sure there must be a way to do it without spamming people
> against their consent.

We have no way of preventing this, so ensure it's done in a way that
minimizes harm. For instance, my zookeyv key-value consensus system can
be implemented using transactions with txout pairs of the following
form:

Let H(d) = RIPEMD160(SHA256(d))

txout_k*2 : OP_DUP H(key) OP_EQUALVERIFY
txout_k*2+1: OP_DUP H(value) OP_EQUALVERIFY

With an additional rule to allow for references to previous sacrifices
with txouts of the form:

txout_n: OP_DUP H(txid:vout) OP_EQUALVERIFY

This is perfectly compatible with Gregory Maxwell's address pre-image
fix to data-in-chain storage, and at the same time is completely
unblockable by making such transactions more expensive - the whole point
is to prove you've sacrificed funds.

Yet another reason why increasing the blocksize is madness.

--
'peter'[:-1]@petertodd.org
0000000000000018235c41836eb88ea45343c746a3704c5a155bb90c7d2d9a48
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