Tom Harding [ARCHIVE] on Nostr: 📅 Original date posted:2015-12-21 📝 Original message:On 12/20/2015 3:34 AM, ...
📅 Original date posted:2015-12-21
📝 Original message:On 12/20/2015 3:34 AM, Jeff Garzik via bitcoin-dev wrote:
> Ideally we should start having wallets generate those proofs now, and
> then introduce the max-age as a second step as a planned hard fork a
> couple years down the line.
>
> However,
> 1) There is also the open question of "grandfathered" UTXOs - for
> those wallets generated in 2009, buried in a landfill and then dug out
> 10 years ago
>
> 2) This reverses the useful minimization attribute of HD wallets -
> "just backup the seed"
Also, a change (#6550) has been merged to bitcoin core that removes
merkle branches from the wallet, and if pruning gets turned on (possible
in 0.12 with #6057), it would become quite a bit more difficult to spend
older coins under a change like this.
As a solution I would favor not removing wallet merkle branches.
Published at
2023-06-07 17:46:17Event JSON
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"created_at": 1686159977,
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"content": "📅 Original date posted:2015-12-21\n📝 Original message:On 12/20/2015 3:34 AM, Jeff Garzik via bitcoin-dev wrote:\n\u003e Ideally we should start having wallets generate those proofs now, and\n\u003e then introduce the max-age as a second step as a planned hard fork a\n\u003e couple years down the line.\n\u003e\n\u003e However,\n\u003e 1) There is also the open question of \"grandfathered\" UTXOs - for\n\u003e those wallets generated in 2009, buried in a landfill and then dug out\n\u003e 10 years ago\n\u003e\n\u003e 2) This reverses the useful minimization attribute of HD wallets -\n\u003e \"just backup the seed\"\n\nAlso, a change (#6550) has been merged to bitcoin core that removes\nmerkle branches from the wallet, and if pruning gets turned on (possible\nin 0.12 with #6057), it would become quite a bit more difficult to spend\nolder coins under a change like this.\n\nAs a solution I would favor not removing wallet merkle branches.",
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