Thread - Nostr Hypermedia

bordalix bordalix@joaobordalo.com 3 weeks ago

Interesting, I think you're right, but it goes against the BIP16 definition. So, it seems bip16 is NON confiscatory but the code implementation IS. But I wasn't always like that, it seems Gavin started with a timestamp:

GitHub

Remove -bip16 and -paytoscripthashtime command-line arguments · bitcoin/bitcoin@8f188ec

Bitcoin Core integration/staging tree. Contribute to bitcoin/bitcoin development by creating an account on GitHub.

But that variable (nBIP16SwitchTime) is now gone from the code. Interesting, I would like to have the time to investigate this further.

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Replies (2)

Super Testnet 3 weeks ago

Even bip16 seems to create a confiscation deadline. It says all txs created after the deadline should have the new rules applied to them. So the ~5 people who previously used hash160 hashlocks would have to move those utxos before the deadline or else their outputs would become unspendable. Which is exactly what happened; one such output was already moved, the rest did not move and became unspendable.

1 replies ↓

Super Testnet 3 weeks ago

Seems like it sets a precedent for setting confiscation deadlines in new bips