[Bitcoin-development] Extension for BIP-0070 to support recurring payments
Christophe Biocca
christophe.biocca at gmail.com
Tue Feb 25 19:06:20 UTC 2014
Given the enormous number of variations on time periods for a
recurring payment, might it be better to simple allow a list of
timestamps? It costs almost nothing, bandwidth wise, and shifts the
thinking to the merchant platform. That doesn't give you an infinite
time frame, but you just get a new list of timestamps every time you
pay the service.
Continuing that thought, is a "next_payment_time" field with each
incremental transaction enough to cover everything?
On Tue, Feb 25, 2014 at 1:40 PM, Drak <drak at zikula.org> wrote:
> Forgive me if I missed it, but the spec doesnt look like it can handle only
> handle periods of per week, per month, per quarter rather than 'n period'. I
> take Paypal as a reference example for subscription payments where you can
> set recurring to every: n days, n weeks, n months, n years. That way a
> quarterly payment is every 3 months. This fine granularity is necessary
> because sometime a payment scheme can be per 4 weekly rather than per
> monthly.
>
> So in summary the spec needs daily as an option, and to specify the
> recurring cycle as every n*period (one of daily, weekly, monthly, yearly):
> and you can drop quarterly since it's just expressed as per 3*monthly.
>
> Drak
>
>
> On 25 February 2014 16:29, Mike Hearn <mike at plan99.net> wrote:
>>
>> Hey there,
>>
>> So the essence of this protocol is as follows:
>>
>>
>> enum PaymentFrequencyType {
>> WEEKLY = 1;
>> MONTHLY = 2;
>> QUARTERLY = 3;
>> ANNUAL = 4;
>> }
>> message RecurringPaymentDetails {
>> // Namespace for the merchant such as org.foo.bar
>> required string merchant_id = 1;
>>
>>
>> // Id for the recurring subscription
>> required bytes subscription_id = 2;
>>
>>
>> // Contracts associated with a given subscription
>> repeated RecurringPaymentContract contracts = 3;
>>
>>
>> }
>> message RecurringPaymentContract {
>>
>>
>> // Unique id for a given contract
>> required bytes contract_id = 1;
>>
>>
>> // URL to poll to get the next PaymentRequest
>> required string polling_url = 2;
>>
>>
>> // Timestamp; when this contract starts
>> required uint64 starts = 3;
>>
>>
>> // Timestamp; when this contract should be considered invalid
>> optional uint64 ends = 4;
>>
>>
>> // Expected payment frequency
>> optional PaymentFrequencyType payment_frequency_type = 5;
>>
>>
>> // Max payment amount within that frequency (e.g. no more than 5
>> BTC per month)
>> optional uint64 max_payment_per_period = 6;
>>
>>
>> // Max payment amount (e.g. no more than 3 BTC per payment)
>> optional uint64 max_payment_amount = 7;
>>
>>
>> }
>>
>> I have the following comments:
>>
>> There's no need to serialize RecurringPaymentDetails as bytes here. It's
>> done that way outside of PaymentDetails in order to support digital
>> signatures over protobufs that may have extensions the wallet app isn't
>> aware of, but it's a pain and inside PaymentDetails (and therefore for most
>> extensions) it shouldn't be necessary. So you can just use "optional
>> RecurringPamentDetails recurring_payments = 8;"
>>
>> There's only 4 possibilities here for recurrences. That seems rather
>> restrictive. Is the cost of being more expressive really so high? Why not
>> allow more flexible specification of periods?
>>
>> If there's no payment_frequency_type field then what happens? A quirk of
>> protobufs to be aware of is that making an enum field "required" can hurt
>> backwards compatibility. Because it will be expressed using a languages
>> underlying enum type, if there's a new enum member added later old software
>> that attempts to deserialize this will throw exceptions because the new
>> "unknown" member would be unrepresentable in the old model. Making the field
>> optional avoids this problem (it will be treated as missing instead) but
>> means software needs to be written to know what to do when it can't read the
>> enum value / sees enum values from the future.
>>
>> I assume the amounts are specified in terms of satoshi, and timestamps are
>> UNIX time, but better to make that explicit.
>>
>> Seems there's an implicit value constraint that max_payment_amount <=
>> max_payment_per_period. What happens if that constraint is violated? Best to
>> document that.
>>
>> What's the "merchant ID" namespace thing about? What's it for? What
>> happens if I set my competitors merchant ID there?
>>
>> What's the "subscription ID"? Is this stuff not duplicative/redundant with
>> the existing merchant_data field?
>>
>> In what situations would you have >1 contract per payment request? I'm not
>> sure I understand why it's repeated. Presumably if there are zero contracts
>> included the data should be ignored, or an error thrown and the entire
>> payment request rejected? Which should it be?
>>
>> It's unclear to me given such a contract when the payment should actually
>> occur. For instance if it's "monthly" then what day in the month would the
>> payment occur?
>>
>> You'll notice I moved the comments to be above the field definitions. I
>> know the current proto isn't done that way, but let's change it - long
>> comments are good and putting them above the field definitions encourages
>> people to write enough detail without being put off by line length
>> constraints
>>
>>
>> I think the next step would be to talk to BitPay/get Jeff+Stephen involved
>> because I know they have customers that really want recurring payments, and
>> those guys will have a clearer idea of customer requirements than we do. I
>> feel uncomfortable with designing or reviewing in a vacuum without some
>> actual people who would use it chiming in, as I don't really know much about
>> the underlying business processes.
>>
>> I have some other comments about the bitcoinj implementation specifically
>> - for instance, we don't have a "wallet directory" concept: everything goes
>> into the wallet file. So we'll need to think about how to structure the code
>> to allow that. Also, just using a background polling thread is likely not
>> flexible enough, as on some platforms you can't stay running all the time
>> (e.g. Android) without upsetting people, but the underlying OS can wake you
>> up at the right times, so wallet apps should have an ability to control
>> wakeup tasks. But we can discuss that over on the bitcoinj list
>> specifically. Let's keep this thread for the general protocol design.
>>
>> BIP 70 is indeed implemented in Bitcoin Core on the C++ side, so that
>> isn't a concern. It could be done there too.
>>
>>
>>
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>
>
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