Preventing double-spending with insurance payment to decentralized network feature

[earlfox]

How about introducing this into protocol level: http://imgur.com/M0YdfLQ

Sorry if I messed up with posting it in a wrong category, but could anyone send me somewhere where described how to correctly introduce BIP?

[luke-jr]

First you need to find an insurance company that will support this. Then write a formal BIP specification and submit it to the Bitcoin development mailing list for assignment of a number.

[earlfox]

You don't need an insurance company. It can be done using ECDSA for signing another transaction with a link to public locker where CHECKLOCKTIMEVERIFY protects by time. This is can be another type of signature, accepted to the list of unconfirmed transactions.

[saivann]

This repository is for bitcoin.org so I am closing the issue. You can also follow directives from the README of the BIPS repository https://github.com/bitcoin/bips/blob/master/README.mediawiki (although it mostly repeats what @luke-jr just said)