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Last Notes

2023-08-12 09:56:44 UTC

- reply

📅 Original date posted:2023-08-11
🗒️ Summary of this message: The author is asking for clarification on the expected return value of the function `is_segwit()` for a p2tr transaction and if there is an official name for segwit v0.
📝 Original message:
Question for OG bitcoin API designers please.
If you were to see the following function
`is_segwit()`
would you assume it returns `true` or `false` for a p2tr transaction?
Currently we (rust-bitcoin) are being liberal with the use of `v0` but
its a pretty ugly. Is there an official, or widely used, name for segwit v0?
Thanks,
Tobin.

2023-06-07 23:11:25 UTC

- reply

📅 Original date posted:2022-07-09
📝 Original message:Hi Peter,
Interesting blog post.
On Sat, Jul 09, 2022 at 11:31:26AM -0400, Peter Todd via bitcoin-dev wrote:
> On Sat, Jul 09, 2022 at 08:24:51AM -0700, Eric Voskuil wrote:
> > To clarify, price inflation is not caused by market production. Attributing the observed lack of inflation (eg fee %) to loss is an assumed relation.
>
> My article is a mathematical proof that has nothing to do with observations of
> inflation.
>
> What I did is prove that if there is tail emission/fixed supply, the coin
> supply will converge towards a fixed amount because the coin supply dependant
> rate of coin loss balances out the fixed rate of coin production.
>
> That proof has nothing to do with market dynamics and would happen in any
> system, economic or not, with similar underlying dynamics.
I'm not a mathematician but I think your models assumption that coin
loss is proportional to number of coins misses something, correct me if
I'm wrong but as value of coins goes up is it not reasonable to expect
coin loss to go down as people are more careful (not to mention
improvements in tooling and education).
Is it really possible to model coin loss as exponential decay
considering such things (I'm not being facetious, that is a real
question, like I said I'm not a mathematician)?
Cheers,
Tobin.
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