Re: [Bitcoin-development] 75%/95% threshold for transaction versions

2015-04-25 Thread s7r
Thank you all for your comments. The youtube video was indeed very educative and nice to watch. It's true that malleability is not the end of the world, but it is annoying for contracts and micropayment channels, especially refunds spending the fund tx before it is even in the blockchain, relying

Re: [Bitcoin-development] 75%/95% threshold for transaction versions

2015-04-25 Thread Stephen Morse
Hi William, I personally prefer this solution, since it nails the problem completely with one simple and obvious change. The BIP 62 approach is more like a game of wac-a-mole. The two are complementary, not competing. BIP62 prevents *non-signers* from mutating the transactions, which is very

Re: [Bitcoin-development] 75%/95% threshold for transaction versions

2015-04-25 Thread Stephen Morse
Hi Gregory, In particular not covering the ID allows for transaction replay which can result in monetary losses far more severe than any possible mishandling of malleability could result in. Byzantine attackers can costlessly replay your old transactions any time anyone reuses an address,