Russell O'Connor [ARCHIVE] on Nostr: 📅 Original date posted:2023-02-05 🗒️ Summary of this message: A discussion on ...
📅 Original date posted:2023-02-05
🗒️ Summary of this message: A discussion on the use of witness data versus script pubkey in Bitcoin transactions, with a suggestion to let users decide how to use OpReturn.
📝 Original message:On Sat., Feb. 4, 2023, 21:01 Peter Todd, <pete at petertodd.org> wrote:
>
>
> On February 5, 2023 1:11:35 AM GMT+01:00, Russell O'Connor via bitcoin-dev
> <bitcoin-dev at lists.linuxfoundation.org> wrote:
> >Since bytes in the witness are cheaper than bytes in the script pubkey,
> >there is a crossover point in data size where it will simply be cheaper to
> >use witness data. Where that crossover point is depends on the finer
> >details of the overhead of the two methods, but you could make some
> >reasonable assumptions. Such a calculation could form the basis of a
> >reasonable OP_RETURN proposal. I don't know if it would be persuasive,
> but
> >it would at least be coherent.
>
> I don't think it's worth the technical complexity trying to carefully
> argue a specific limit. Let users decide for themselves how they want to
> use OpReturn.
>
Even better.
>
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🗒️ Summary of this message: A discussion on the use of witness data versus script pubkey in Bitcoin transactions, with a suggestion to let users decide how to use OpReturn.
📝 Original message:On Sat., Feb. 4, 2023, 21:01 Peter Todd, <pete at petertodd.org> wrote:
>
>
> On February 5, 2023 1:11:35 AM GMT+01:00, Russell O'Connor via bitcoin-dev
> <bitcoin-dev at lists.linuxfoundation.org> wrote:
> >Since bytes in the witness are cheaper than bytes in the script pubkey,
> >there is a crossover point in data size where it will simply be cheaper to
> >use witness data. Where that crossover point is depends on the finer
> >details of the overhead of the two methods, but you could make some
> >reasonable assumptions. Such a calculation could form the basis of a
> >reasonable OP_RETURN proposal. I don't know if it would be persuasive,
> but
> >it would at least be coherent.
>
> I don't think it's worth the technical complexity trying to carefully
> argue a specific limit. Let users decide for themselves how they want to
> use OpReturn.
>
Even better.
>
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