rich1.0npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2https://nostr.ae/npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2njumphttps://nostr.ae📅 Original date posted:2022-07-11 📝 Original message:On Mon, Jul 11, 2022 at 05:36:52PM -0400, Peter Todd via bitcoin-dev wrote: > On Mon, Jul 11, 2022 at 04:35:02PM -0400, Russell O'Connor via bitcoin-dev wrote: > > > What happens after that I'm not sure. > > > > > > > Miners will learn to create anyone-can-spend outputs to bribe other miners > > to build on their block rather than reorg it. (Due to the coinbase > > maturity, this will require some amount of floating capital.) > > ...and that's a disaster for mining centralization, because the smaller miners > need to pay larger bribes than larger miners. Not to mention having to keep > capital around to do it. Also, note how from a practical point of view, we'll need to add a new type of tx that's only valid in a specific block, or other miners will just reorg those anyone-can-spend outputs to steal them. It's not all that trivial to actually do that... you'd have to have a signature that commits to the non-segwit part of the coinbase outputs. Ugh. -- https://petertodd.org 'peter'[:-1]@petertodd.org -------------- next part -------------- A non-text attachment was scrubbed... Name: signature.asc Type: application/pgp-signature Size: 833 bytes Desc: not available URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20220711/bc25b2ad/attachment.sig>