Author: Alan Reiner 2014-02-12 16:44:13
Published on: 2014-02-12T16:44:13+00:00
The conversation is about transaction malleability in Bitcoin and potential solutions to mitigate the issue. One proposed solution is to use static IDs instead of the full transaction hash to identify transactions, which could help with issues related to chained transactions. However, changing the protocol to use these static IDs would be a fundamental change that is unlikely to happen. Another proposed solution is to define a new canonical transaction hash or ID (cTxID) which would be a hash of the part of the transaction data that is not malleable. This would require nodes to index all transactions, but it could completely solve the issue of not having a canonical ID for a transaction. There is some debate over how to handle malleability in Bitcoin. Some suggest making CHECKMULTISIG require the dummy value to be equal to OP_FALSE, while others believe it is better to fix wallet software to handle malleability issues. There is also concern that if ECC signatures are fundamentally malleable, relying solely on anti-malleability measures could become problematic in the future. Despite the difficulties in finding a solution, many agree that eliminating malleability entirely would be ideal.
Updated on: 2023-06-08T02:38:08.258142+00:00