LeoWandersleb on Nostr: There is no value judgement involved. Let me explain again: The poison pill would be ...
There is no value judgement involved. Let me explain again:
The poison pill would be "Satoshi creates a hash tree of transactions spending each of his UTXOs and put the root hash into an OP_RETURN. Now somebody spends his coinbase reward from block 12 using quantum computing or not but as we already activated this additional rule, Satoshi has 1000 blocks to tweak the spend. He publishes a transaction spending the same block 12 UTXO but with a reference to the OP_RETURN and all the missing hashes to recreate the root hash. This overrules the prior spend." The 1000 blocks waiting period is not immediately canceled as an older OP_RETURN could still overrule the newer one. After the 1000 blocks either the original transaction becomes spendable or the last replacement using the oldest OP_RETURN.
The punishment is the loss of the work still required to "mine" the vulnerable UTXO. Sadly there is no punishment where the user hasn't taken the effort to create one such OP_RETURN but it would be much cheaper to protect many UTXOs than to migrate them all, which would help to get a high percentage of vulnerable UTXO poison-pilled.
Published at
2025-06-02 18:15:32Event JSON
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"content": "There is no value judgement involved. Let me explain again:\n\nThe poison pill would be \"Satoshi creates a hash tree of transactions spending each of his UTXOs and put the root hash into an OP_RETURN. Now somebody spends his coinbase reward from block 12 using quantum computing or not but as we already activated this additional rule, Satoshi has 1000 blocks to tweak the spend. He publishes a transaction spending the same block 12 UTXO but with a reference to the OP_RETURN and all the missing hashes to recreate the root hash. This overrules the prior spend.\" The 1000 blocks waiting period is not immediately canceled as an older OP_RETURN could still overrule the newer one. After the 1000 blocks either the original transaction becomes spendable or the last replacement using the oldest OP_RETURN.\n\nThe punishment is the loss of the work still required to \"mine\" the vulnerable UTXO. Sadly there is no punishment where the user hasn't taken the effort to create one such OP_RETURN but it would be much cheaper to protect many UTXOs than to migrate them all, which would help to get a high percentage of vulnerable UTXO poison-pilled.",
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