Author: Christopher Jeffrey 2017-04-05 17:43:43
Published on: 2017-04-05T17:43:43+00:00
The discussion revolves around the proposed idea of an extension block, which would act as a separate blockchain with its own set of rules and allow for increased transaction throughput without compromising the security of the main blockchain. The conversation covers various concerns such as compatibility with segwit, the possibility of direct exit payments to legacy addresses, and the issue of fungibility. The proposal involves locking up exiting outputs for a certain period of time to prevent invalidation during reorgs, with two possible solutions suggested. One involves a maturity requirement for exiting outputs, while the other moves all exiting outputs to the coinbase. The lock-up period is discussed, with a 15 block reorg on mainnet being considered unlikely, and the possibility of allowing direct exit to legacy addresses is raised. Lastly, it is suggested that a new name may be needed for the tokens in the extension block due to fungibility issues.
Updated on: 2023-06-11T23:34:35.863471+00:00