[Bitcoin-segwit2x] Strong 2-Way Replay Protection

Chris Stewart chris at suredbits.com
Mon Oct 9 03:43:06 UTC 2017


>No.

Ok. Thanks for the candid answer Mike. I look forward to an official update
from bitgo of how they will handle this chain split wrt to bitcoin and
segwit2x.

-Chris

On Sun, Oct 8, 2017 at 10:38 PM, Mike Belshe <mike at bitgo.com> wrote:

>
>
> On Sun, Oct 8, 2017 at 5:56 PM, Chris Stewart via Bitcoin-segwit2x <
> bitcoin-segwit2x at lists.linuxfoundation.org> wrote:
>
>> So just so this is clear to the rest of the world, Segwit2x believes
>> there will be no chain split?
>>
>
> No.
>
> Although the design goal was to not create a split, that doesn't mean that
> there won't be one. Since you can never get 100.000% agreement, I suppose
> you could say that means there must be a split - the question is just how
> big.
>
> From the beginning, the segwit2x crew tried to garner as much support as
> possible and make the code as simple and unobtrusive as possible. They
> certainly accomplished a lot - getting more miner support than ever in
> history, and getting segwit itself activated.  With regard to the 2MB
> upgrade, it does seem that many are against it.  But if you look at the
> node counts of SPV and full nodes, its easy to see that this group is
> incredibly small - likely 0.5% or less of all deployed wallets.
>
> On the other hand, adding "replay protection" and orphaning the SPV
> wallets would clearly create a massive chain split.
>
> Mike
>
>
>
>
>
>>
>> -Chris
>>
>> On Sun, Oct 8, 2017 at 5:57 PM, bitPico <bitpico at icloud.com> wrote:
>>
>>> https://blockchain.info/charts/nya-support
>>>
>>> ~95-96%
>>>
>>> Do the math on how long it would take to solve a 1x (deprecated) block
>>> with only 4-5% network hash power.
>>>
>>> There is no HACK in place to drop the difficulty either so it’s a dead
>>> blockchain. :-)
>>>
>>> On Oct 8, 2017, at 6:46 PM, Chris Stewart via Bitcoin-segwit2x <
>>> bitcoin-segwit2x at lists.linuxfoundation.org> wrote:
>>>
>>> So just to be clear, segwit2x no longer believes there will not be a
>>> chain split come November?
>>>
>>> -Chris
>>>
>>>
>>>
>>
>> _______________________________________________
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>> Bitcoin-segwit2x at lists.linuxfoundation.org
>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-segwit2x
>>
>>
>
>
> --
>
>
> *Mike Belshe*
> *CEO, BitGo, Inc*408-718-6885 <(408)%20718-6885>
>
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