jun 8, 2017 - Multiparty Counterparty Aggregate Transaction (MCAT)

Description:

This Counterparty Improvement Proposal would create a system that allows for multiple transactions from multiple addresses to be grouped together in one transaction using 3rd party MCAP servers.

Devon explained the rational behind the proposal stating, 'MCAT servers may choose to include multiple sends in a single large transaction based on the fee offered by the sender.

Because the MCAT server can save space by combining multiple transactions, it can potentially spend less bitcoin in transaction fees than it receives in asset fees and operate at a profit.'

Devon also went on to express this proposal is 'an extension of CIP10 by John Villar and Javier Varona'.

Author: Devon Weller