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Author Topic: Re: OP_CHECKCOLORVERIFY: soft-fork for native color coin support  (Read 2000 times)
elroy69
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June 09, 2014, 06:47:05 PM
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What is the current thinking/status for OP_CHECKCOLORVERIFY inclusion into prod Bitcoin?

What is the current thinking/status for Sidechain support.  Would it be possible to have Sidechains which support OP_CHECKCOLORVERIFY as a first step if too much for Bitcoin to take in right now?

Any updates on people thinking would be greatly appreciated.

Thanks.
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June 10, 2014, 03:14:07 AM
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As the one who proposed it, I do not think it will ever happen in Bitcoin. Actually the ONLY reason we may need OP_CHECKCOLORVERIFY is to allow SPV nodes to verify color in an easier way. However, SPV nodes could still verify color without OP_CHECKCOLORVERIFY. They just follow the transaction chain until they see the origin of the color.

If that's for a sidechain / alt-coin, there could be more elegant ways to do this. I had to put it in the script because that's the only location in Bitcoin where people could include arbitrary content.

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