Peter Todd [ARCHIVE] on Nostr: 📅 Original date posted:2014-01-20 📝 Original message:On Sat, Jan 18, 2014 at ...

📅 Original date posted:2014-01-20
📝 Original message:On Sat, Jan 18, 2014 at 11:44:52AM -0600, Troy Benjegerdes wrote:
> > Ignoring prefixes the cost for each reusable address is only a small
> > percentage of the full node cost (rational: each transaction has one
> > or more ECDSA signatures, and the derivation is no more expensive), so
> > I would only expect computation to be an issue for large centralized
> > services. (non-full nodes suffer more from just the bandwidth impact).
>
> I have not seen anyone address my high-level question to (somewhat) complicated
> mechanisms to keep coin flows private.
>
> Who pays for it? From what I see it's going to double the amount of data
> needed per address, further centralizing 'full' nodes. I'm fine if the NSA

Actually the exact encoding is still undetermined - other encodings I
proposed in my original paper are the same size or even smaller than a
standard transaction.

--
'peter'[:-1]@petertodd.org
000000000000000190a2900f1a25c507a999fa11116f7bd0126618c1ebc4f5fb
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