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PIP-9: Removing Stamp

Removing Stamp from Transactions

Authors Amir Babazadeh (@amirvalhalla)
Discussion View Discussion PIP-9
Created 2023-09-19
Requires PIP-2

Abstract

This document proposes simplifying transactions by removing the Stamp field.

Specification

Currently, transactions in Pactus are stamped. “Stamping a transaction” refers to adding a piece of information from a previously committed block to the transaction’s header. In Pactus, stamps are represented by the first 4 bytes of a block hash.

Stamping transactions serve two primary purposes:

  1. It specifies the interval for the execution of transactions.
  2. It protects the main fork from long-range attacks.

In this section, we argue that removing the stamp will not compromise security and will simultaneously offer a more streamlined transaction format.

LockTime vs. Stamp

With the finalization of PIP-2, each transaction now includes the LockTime field. The LockTime is mandatory and should be set to the block number that the transaction can be committed after. In this case, the need to set the stamp is no longer necessary, and users will likely ignore it.

Long-Range Attack

Although stamping transactions can help prevent long-range attacks, any long-range fork can be ignored and rejected by the community. Therefore, stamping transactions appear to be a redundant field in transaction data.

Security Considerations

Removing the stamp should not impact the security of the blockchain.


Copyright

Copyright and related rights waived via CC0.