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Author Topic: P2SH side-effects  (Read 1062 times)
mrb
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April 04, 2012, 08:37:32 AM
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I have caught blockexplorer.com not upgrading to a Bitcoin 0.6.0. As a result it is seeing lots of chain reorgs since April 1st (I contacted Theymos already - he is going to upgrade tomorrow):

http://blockexplorer.com/q/reorglog

I am curious in anybody else is seeing side effects caused by P2SH since April 1st?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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mrb
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April 05, 2012, 09:47:13 PM
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There are clearly people purposefully sending invalid P2SH transactions on the network, and this is causing some miners who failed to upgrade to waste resources mining on top of invalid blocks. This in turns caused the network to lose about 1-2 Th/s since April 1st:

(graph captured from http://bitcoin.sipa.be)
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April 05, 2012, 09:52:41 PM
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I have caught blockexplorer.com not upgrading to a Bitcoin 0.6.0. As a result it is seeing lots of chain reorgs since April 1st (I contacted Theymos already - he is going to upgrade tomorrow):

http://blockexplorer.com/q/reorglog

I am curious in anybody else is seeing side effects caused by P2SH since April 1st?

the iMine botnet (presumably) is not producing 1-tx-blocks any more (afaik not a side effect of p2sh directly, but of the fabricated invalid transactions).

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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