You'd still need
BIP 360 P2MR (or P2TRD) since OP_TXHASH needs tapscript, and the only available tapscript supporting output type, P2TR, isn't quantum safe.
false, covenant based multistep secret-reveal spending paths don't rely on signatures at all
I'm going to assume:
- you mean to use this commit-reveal for migrating between signature algorithms, not for everyday use,
it can be used if "q day" happens. otherwise ignored.
- TXHASH is being used because you are waiting for the commitment to be confirmed on-chain rather than lifeboat's out-of-band commitment system
Once you post your commit-txn, but before it confirms, other parties can post competing commit-txns that double spend your output. If one of malicious transactions confirm, you must now wait for a timelock to expire and then try to post your transaction.
agreed. they have to spend resources to attack your private key and the only thing they can do is "grief" using a timing attack with the results, rather than steal outright. a massive incentive difference.
They can block you again. Each time they burn some of you coins in fees. Miners get the fees, so they might be incentivized to do this. Thus, we must trust miners not to do this. Lifeboat doesn't have this issue since it uses out-of-band commitments, but out-of-band commitments have their own issues.
each time you use the reset-path, they have to re-attack a new key. very expensive just to grief a small amount of fees spread across all miners. sounds like science-fiction levels of compute.
plus.... TX_HASH is simple and generally useful and there is no guarantee that q-day will even come