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From: Lucas Clemente Vella <lvella@gmail•com>
To: Dan Libby <dan@osc•co.cr>,
	 Bitcoin Protocol Discussion
	<bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] how to disable segwit in my build?
Date: Thu, 13 Jul 2017 20:19:12 -0300	[thread overview]
Message-ID: <CAGCathxswTnEVtAkVmTr+udu_A2V+r4PXeHxkZSLV4uzDDEqPw@mail.gmail.com> (raw)
In-Reply-To: <4921ce4f-06bc-8ff1-4e70-5bd55d1ff5ca@osc.co.cr>

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2017-07-13 18:58 GMT-03:00 Dan Libby via bitcoin-dev <
bitcoin-dev@lists•linuxfoundation.org>:

> If I understand correctly, my node will accept the incoming tx inputs
> but obviously will not perform any segwit related validation, thus those
> inputs are not fully validated.  I don't yet understand how my node
> thinks they are valid at all given that it does not understand P2WPKH
> address format, so either it doesn't need to, or P2WPKH is somehow
> already valid.  I know this has all been discussed in the past, so if
> someone can point me towards a document that explains it I'd be happy to
> read that.
>

From your perspective, the P2WPKH will look like a anyone-can-spend
transaction, thus, valid no matter who is spending. So, you would be
basically leaving the security of segwit transactions to those who actually
are interested in and using them. If your fork becomes popular, it would
decrease the security of Segwit transactions to something akin to the
security model of the Drivechain currently being discussed: only those
particularly interested in that particular sidechain (and segwit witness
could be loosely categorized into a sidechain) will be responsible to
prevent others from stealing funds from the anyone-can-spend transactions.

-- 
Lucas Clemente Vella
lvella@gmail•com

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  parent reply	other threads:[~2017-07-13 23:19 UTC|newest]

Thread overview: 56+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2017-07-10 16:50 [bitcoin-dev] Updating the Scaling Roadmap Paul Sztorc
2017-07-11 16:03 ` Chris Stewart
2017-07-11 16:49   ` Adam Back
2017-07-11 20:01   ` Pieter Wuille
2017-07-11 20:36     ` Paul Sztorc
2017-07-11 21:40       ` Pieter Wuille
2017-07-11 22:49         ` Paul Sztorc
2017-07-11 21:16     ` CryptAxe
2017-07-11 20:18   ` Paul Sztorc
2017-07-11 21:31     ` Gregory Maxwell
2017-07-11 22:27       ` Paul Sztorc
2017-07-11 21:11 ` Gregory Maxwell
2017-07-11 21:40   ` Gregory Maxwell
2017-07-11 22:17   ` Paul Sztorc
2017-07-11 22:41     ` Tao Effect
2017-07-11 22:57       ` Paul Sztorc
2017-07-11 23:12         ` Tao Effect
2017-07-12  0:21           ` Paul Sztorc
2017-07-12  7:27             ` Jacob Eliosoff
2017-07-12 19:19           ` Chris Stewart
2017-07-12 19:24             ` Tao Effect
2017-07-12 19:34               ` Chris Stewart
2017-07-12 19:42                 ` Tao Effect
2017-07-12 19:54                   ` CryptAxe
2017-07-12 21:55                     ` Tao Effect
2017-07-12 22:07                       ` CryptAxe
2017-07-11 23:36     ` Bryan Bishop
2017-07-12  0:07     ` Gregory Maxwell
2017-07-12  1:40       ` Paul Sztorc
2017-07-12  2:48         ` Bryan Bishop
2017-07-12  3:33         ` Gregory Maxwell
2017-07-12  6:17           ` [bitcoin-dev] how to disable segwit in my build? Dan Libby
2017-07-13  1:04             ` Gregory Maxwell
2017-07-13 13:11               ` Federico Tenga
2017-07-13 13:39                 ` Hampus Sjöberg
2017-07-13 16:19                   ` Dan Libby
2017-07-13 16:35                     ` Jameson Lopp
2017-07-13 21:58                       ` Dan Libby
2017-07-13 22:50                         ` Hampus Sjöberg
2017-07-13 23:20                           ` Dan Libby
2017-07-14  8:52                             ` Hampus Sjöberg
2017-07-14  9:03                             ` Tier Nolan
2017-07-13 23:19                         ` Lucas Clemente Vella [this message]
2017-07-13 16:05               ` Dan Libby
2017-07-14 21:11               ` Troy Benjegerdes
2017-07-13  1:48             ` Anthony Towns
2017-07-13 16:13               ` Dan Libby
2017-07-12  1:22   ` [bitcoin-dev] Updating the Scaling Roadmap Karl Johan Alm
2017-07-12  9:37     ` Tom Zander
2017-07-12  9:02   ` Tom Zander
2017-07-11 23:28 ` Anthony Towns
2017-07-17 17:13 ` [bitcoin-dev] Updating the Scaling Roadmap [Update] Paul Sztorc
2017-07-17 18:49   ` Alex Morcos
2017-07-17 20:13     ` Paul Sztorc
2017-07-17 21:50     ` Peter Todd
     [not found]   ` <20170717214704.ksegcrdqf3zeslah@fedora-23-dvm>
2017-07-17 22:04     ` Paul Sztorc

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