- Non-segwit transactions require 51% of the hashpower and a private key to steal. Segwit transactions just require 51% of the hashpower.
Just the first line in your post sold it for me. What in the actual fuck.
Hmm. Where have I heard that before?
51% attacks require nothing more, and they can do anything....ANYTHING.
They can make every bitcoin address contain an mp3. The whole discussion about Segwit is bollox.
Of course if you are running a full node you wouldn’t accept the mp3 invested junk, but then, non segwit people don’t run nodes, they rely on miners.
{snip}
Came across this thread while trying to figure out who first coined the term "anyone can spend attack."
Whoever did can take credit for serving up one of the juiciest nothingburgers to ever befuddle the cryptoconspiracy community.
It would seem the honor belongs to Mircea Popescu but please let me know if I'm mistaken. {snip}
afair and iiuc (neither very) MP discussed attacking it first of all of course, but didn't coin the phrase. That string doesn't appear in his oeuvre. He developed his ideas beyond that, while Shelby took it up and ran with it probably with that coinage, with r0ach, Coingeek and the like parroting him parroting MP. Now the numbskulls who contribute to the bitcoin project on shithub will also have discussed any attacks on anyonecanspend, one would hope, having first come up with that misleading name.