TierNolan,
Really great work on this. Any luck with the simple client/server? Did it work as expected. Have you discussed this with the people like Adam Back pushing the SideChain changes, so that they can include this?
Shortage of free time. Getting all the encryption right isn't that easy
, but I have the transactions working, as long as no cheating is required.
I still need to add checking for fraud and the refund transactions.
One point of good news from the dev list is that they are relaxing some of the restrictions on standard transactions.
See
this post. As long as the transaction uses P2SH, non-standard transactions will be accepted by the network.
At the cost of some extra complexity in creating transactions, almost all non-standard transactions will be possible. The remaining limit is 520 bytes and 15 signature operations, but that is not a major restriction (and is just to protect against DOS attacks).