Post
Topic
Board Bitcoin Discussion
Re: Segwit opens the door for mining cartels
by
Gab0
on 19/06/2017, 06:29:13 UTC
And he just does not stop. Neither Jonald nor the scam artist "Dr. Craig Wright" can be trusted with anything they say.

Quote
SegWit introduces a fundamental change to bitcoin: the “AnyOneCanSpend address”, or essentially a blank signature for transactions. SegWit uses an “AnyOneCanSpend” address so that transactions will be validated and recorded into blocks, even though the sender/receiver signature data is separated. Normally, an “AnyOneCanSpend” output (as its name implies) would allow any miner to spend the funds associated with that transaction; therefore, SegWit would introduce new rules for interpreting “AnyOneCanSpend”. This means that miners could not take advantage of that output address to inappropriately spend the funds associated with all SegWit transactions.
No. AnyoneCanSpend is not a new concept and is certainly not a fundamental change. AnyoneCanSpend does not mean literally anyone can spend1. It's a script without conditions attached to they way the related output can be spent. This whole article has been debunked months before it came into existence.

[1] - https://seebitcoin.com/2017/02/segwit-facts-not-anyone-can-spend-so-stop-saying-they-can/
[2] - Wiki Entry from ages ago: https://en.bitcoin.it/wiki/Script#Anyone-Can-Spend_Outputs

Thanks!