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RE: Bitcoin War Begins - Bitcoin Cash Rises 50% While Bitcoin Drops $1,000 In 24 Hours

in #bitcoin7 years ago

I'm bummed that litecoin has segwit though. It seems like a good idea but under the surface it makes it possible (still unlikely) for someone to threaten the security of the blockchain. segwit basically allows bitcoin to break its own rules thus allowing someone to exploit it if they have enough power (ie government)

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Yea I agree but it's open source and a decentralized coin so user consensus could reject any changes. At the end of the day it's up to the users to decide

Segwit allows for things like recovering loss funds and miss payments which are huge to mass adoption

super duper

Wouldn't the same threat apply to P2SH addresses?

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