[Bitcoin-development] Address Expiration to Prevent Reuse

Tom Harding tomh at thinlink.com
Wed Mar 25 01:57:37 UTC 2015


The idea of limited-lifetime addresses was discussed on 2014-07-15 in

http://thread.gmane.org/gmane.comp.bitcoin.devel/5837

It appears that a limited-lifetime address, such as the fanciful

address = 4HB5ld0FzFVj8ALj6mfBsbifRoD4miY36v_349366

where 349366 is the last valid block for a transaction paying this 
address, could be made reuse-proof with bounded resource requirements, 
if for locktime'd tx paying address, the following were enforced by 
consensus:

  - Expiration
    Block containing tx invalid at height > 349366

  - Finality
    Block containing tx invalid if (349366 - locktime) > X
    (X is the address validity duration in blocks)

  - Uniqueness
    Block containing tx invalid if a prior confirmed tx has paid address

Just an an idea, obviously not a concrete proposal.





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