Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CHA] Chancecoin, a coin for betting in a decentralized casino
by
magician
on 24/06/2014, 02:14:21 UTC
I'm having trouble downloading the Chancecoin wallet for Windows. Is this related to the ongoing maintenance? Thanks.

Unrelated. At least on my side everything is fully synced again and working.


Edit: speaking of lower costs:

Quote
Fee: RoundUp(tx size / 1000 byte) * 0.0001, so usually 0.0001 BTC

Minimum output amounts: 3 * (148 + output size) * 0.00000001, that is:

Pay-to-pubkey-hash (34 byte): 0.00000546 BTC
Multisig, two compressed public keys (80 byte): 0.00000684 BTC
Multisig, one compressed, one uncompressed public key (112 byte): 0.00000780 BTC
Multisig, three compressed public keys (114 byte): 0.00000786 BTC
Multisig, one uncompressed, two compressed public keys (146 byte): 0.00000882 BTC

Output amounts are x 10 for < v0.9, so 0.0000546 BTC for standard outputs
and 0.0000684-0.0000882 BTC for data outputs. [thread]

Since CHA appears to use 1-of-2 multisig outputs to transport data, you can safely reduce the output value from 0.0001086 BTC to 0.0000780 BTC (worst case: 1x uncompressed, 1x compressed pubkey) which is fully accepted by nodes even before v0.9. You may also use n-of-3 multisig outputs to have two data packages within one output.

That is a very good suggestion. That will definitely make it into the next version.

Magician