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0 sats \ 0 replies \ @Scoresby 31m \ on: @kenthalliburton's bio
Howdy! Been seeing a lot about Sazmining lately. Would love to learn more about it.
Brian Roemmele is quite impressed by it (although he seems to output a pretty steady state of highly excited and super impressed).
But it does seem pretty cool...
B-SSL protects users from key loss and permanent lock-out.
How does the use of a 2hr - 15 day timelock on key C (from your whitepaper) help protect the user from loss of keys?
Here's how I understand the B-SSL system as laid out in your whitepaper:
- user sets up a wallet with 3 keys (A, B, C)
- at least 2 keys are required to sign to move coins from this wallet
- Keys A and C can generate a sign transactions spending coins out of the vault 2 hrs - 15 days after coins enter the vault (depending on how the user configures it)
- Keys A and B can sign transactions spending coins out of the vault 1 year after coins enter the vault
- Keys B and C can sign transactions spending coins out of the vault 3 years after coins enter the vault
I believe I understand the spending paths used by A+B and B+C, but I'm very confused about the purpose of the A+C spending path.
If the timelock on the A+C spending path begins counting as soon as coins are moved into the vault, what purpose does it serve? Do you plan on having users self-send their coins to refresh this timelock before it expires? If not, users will only benefit from the timelock for (at most) the first 15 days of using the vault. This is what confuses me. Can you help me understand this part of it?
Can you explain why you would use CSV time locks in this way? Like walk me through the flow of sending coins into the vault and then pulling them out.
I like it! It feels really good. Only question is: do you really need "Speed"? I suppose you need someway to show that it's not a recurring buy or a limit order, but maybe that only shows up for those sorts of buys and the default is one-time instant purchase?
I'm not so much interested in the drama as I am interested in the weirdness of this interaction between people who are at the same organization. I brought it up because it typified the "performance" feeling that I've gotten from some of the drama.
Wow, man. This actually sounds like a better plot than most of the shows I see advertised. Wen screenplay?
Ah, yes! Thank you. I once found a really good explanation of the CSV 512 second granularity vs blocks but could not resurrect it while working on this post. (I seem to remember it from learnmeabitcoin, but couldn't find it there and had to settle for BitMex's explanation).
First off: "Why is there a grenade in my fish and chips?" sounds pretty good.
Second:
I dreamed of my secret blog getting picked up by The Evening Standard or the London Lite, so commuters could chuckle at the bile and wit in my columns.
Every writer is fueled by unreasonable fantasies of public adulation. Perhaps this is due to the audacity required to ask others to read our writing.
Third, this rings very true for me:
Blogging in the 2000s was great. It truly was a little secret club of terrible writers who had figured out that they could publish, and no one could stop them
I had two blogs that could accurately be described as terrible writing that nobody read and which I published merely because I could.
One of the most enjoyable parts of reading is coming across constructions that immediately strike you as true even though you have never manages to build them out of words before. Unphiltered #1 contains a number of these. Thank you.
But why post to delving then? You'd think they'd be worried about looking stupid...
They are trying to sell a service to protect people's money...it kinda needs to be correct.
Also, I'm very confused why Optech is highlighting something that is so half baked.