68 - Relative lock-time using consensus-enforced sequence numbers
BIP: 68 source Layer: Consensus (soft fork) Title: Relative lock-time using consensus-enforced sequence numbers Authors: Mark Friedenbach BtcDrak Nicolas Dorier kinoshitajona Status: Deployed Type: Specification Assigned: 2015-05-28 Table of ContentsAbstractMotivationSpecificationImplementationAcknowledgmentsDeploymentCompatibilityReferences Abstract This BIP introduces relative lock-time (RLT) consensus-enforced semantics of the sequence number field to enable a signed transaction input to remain invalid for a defined period of time after confirmation of its corresponding outpoint. Motivation Bitcoin transactions have a sequence number field for each input. The original idea appears to have been that a transaction in the mempool would be replaced by using the same input with a higher sequence value. Although this was not properly implemented, it assumes miners would prefer higher sequence numbers even if the lower ones were more profi...
123 - BIP Classification
BIP: 123 source Title: BIP Classification Authors: Eric Lombrozo Status: Deployed Type: Process Assigned: 2015-08-26 License: CC0-1.0 OR FSFAP Table of ContentsAbstractCopyrightMotivationSpecification1. Consensus LayerSoft ForksHard Forks2. Peer Services Layer3. API/RPC Layer4. Applications LayerClassification of existing BIPs Abstract This document describes a classification scheme for BIPs. BIPs are classified by system layers with lower numbered layers involving more intricate interoperability requirements. The specification defines the layers and sets forth specific criteria for deciding to which layer a particular standards BIP belongs. Copyright This BIP is dual-licensed under the Creative Commons CC0 1.0 Universal and FSF All Permissive licenses. Motivation Bitcoin is a system involving a number of different standards. Some standards are absolute requirements for interoperability while others can be considered optional, giving implementers a choice of whether to su...