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Well to be fair if bitcoin ever hard forked it would not have two-way replay protection in the way BCH has because replay protection would break all pre-signed
by kobeya 9y ago
Well to be fair if bitcoin ever hard forked it would not have two-way replay protection in the way BCH has because replay protection would break all pre-signed transactions.
The problem with B2X is the purposeful takeover of a decentralized protocol by an industry cabal, not any specific technical aspect of it (although it does have flaws).
- rothbardrand 9y agoBy "pre-signed" transactions you mean ones still in the mempool? Actually not a problem, with the change to the ten opcode those would succeed on the correct chain. Bitcoin has forked, by the way, August was a soft fork, and it has had a couple hard forks in the past. What's new is that 2X is an attack fork. (Maybe "assault fork"?) Sorry if my response seems pedantic, I am agreeing with you.
- kobeya 9y agoNo, I mean locktimed transactions, or chains of transactions as you see in payment channels. Doing a mandatory change to how signatures are calculated invalidates all of these constructs, potentially burning coins (if people lock-timed them to the future) and certainly breaking the security of all existing payment channels.