[Bitcoin-ml] BitPay's new p2pkh / p2sh address versions and future considerations for Bitcoin Cash addresses
tomz at freedommail.ch
Sun Sep 17 21:27:01 UTC 2017
On Sunday, 17 September 2017 00:26:50 CEST freetrader via bitcoin-ml wrote:
> they are adopting a modified address format among other changes such as
> the 'bitcoincash:' URI prefix.
I noticed that too.
I’m happy they went with the same URI we choose.
The rest was news for me as well, and I’m seeing this as an excellent
example into non-permissioned innovation.
Nobody has ultimate say over the protocol. (although more coordination would
> After looking around a bit, it seems that the p2pkh version value (28) has
> been used by at least two other coins (CCN = Cannacoin  and CDN =
> Canada e-Coin ) before, so it seems the choice might be worth
CCN has a market-cap of 51BTC.
CDN has a market-cap of 326 BTC.
While I’m not going to say its Ok to just ignore these things, I am not
going to discard a good enough solution based on a theoretical problem.
If nobody finds more serious problems with this solution, I suggest others to
follow their lead.
> While a minimalistic address version change such as BitPay's may be useful
> as an interim measure, it should be noted that there is work underway on
> implementing Bech32 address support.
Thats news to me, those that are working on that may benefit from your advice
earlier in yout email that this bech32 change would be useful to present on
this list. Asking for coordination is not limited to others. ;)
Since there now already is a solution, is the BECH32 support useful?
It always looked like a change for the sake of change to me.
I’m personally charmed by the opt-in way that bitpay deployed this. I don’t
see any benefit in inventing yet another "standard".
I do hope we can reach out to BitPay and get someone to join this list so we
can coordinate these things in the future.
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