[bitcoin-dev] [BIP-draft] CHECKSEQUENCEVERIFY - An opcode for relative locktime

Mark Friedenbach mark at friedenbach.org
Mon Aug 24 02:37:20 UTC 2015

A power of 2 would be far more efficient here. The key question is how long
of a relative block time do you need? Figure out what the maximum should be
( I don't know what that would be, any ideas?) and then see how many bits
you have left over.
On Aug 23, 2015 7:23 PM, "Jorge Timón" <
bitcoin-dev at lists.linuxfoundation.org> wrote:

> On Mon, Aug 24, 2015 at 3:01 AM, Gregory Maxwell via bitcoin-dev
> <bitcoin-dev at lists.linuxfoundation.org> wrote:
> > Seperately, to Mark and Btcdrank: Adding an extra wrinkel to the
> > discussion has any thought been given to represent one block with more
> > than one increment?  This would leave additional space for future
> > signaling, or allow, for example, higher resolution numbers for a
> > sharechain commitement.
> No, I don't think anybody thought about this. I just explained this to
> Pieter using "for example, 10 instead of 1".
> He suggested 600 increments so that it is more similar to timestamps.
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