Replay Attacks (Segwit2x) in Nutshell

in bitcoin •  13 days ago

Segwit2x does not come with replay protection and is vulnerable to replay attacks. In this video, I cover what are replay attacks, the limitations to replay attacks and why you should care.

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You shared a nice and informative video Thanks for sharing @boxmining

Congratulations @boxmining, this post is the second most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 1021 and the total pending payments to posts in this category was $4067.45. To see the full list of highest paid posts across all accounts categories, click here.

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I don't plan on selling off my b2x immediately. I'm going to see how it works out. I think it's still a viable option and if the transactions are cheaper then I feel like more people will adopt it... Of course there will need to be more wallet support as well so it will be some time before we can see the full potential of b2x.

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Hi, new friends, I hoop you upvote and following me.

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Yeah I saw that today :/ messed up my plans. Still I made 8 percent today

Good post!

Great info! There's going to be a lot of people losing their funds after the fork because they didn't watch this video.
This is definitely going to be an interesting next few months watching the market react to this fork. I think the smart ones will just wait for more info before selling off any of their forked bitcoins.

As usual, great info!

This lack of replay protection makes this fork different from what happened with bitcoin cash & possibly bitcoin gold. In this case, unlike before, I prefer to let an exchange, hopefully a trusted one that has previously displayed enough technical expertise, handle the Segwit2x forking for me. My own technical expertise is not good enough to do this myself in my own wallet (in this case, electrum). So the question now is choosing the right exchange...

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Ok, looks like Segwit2x is not happening!

i am not in mood to sell btc now. but the technology & others associate with btc should be smart & updated timely.
@nzmithu

One minute silence for the people who were ready to get free BTC Gold :) Useful information shared~

good idea. I hoop you upvote and following me.

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 63.64 SBD, based on the pending payout at the time the data was extracted.

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Very informative video. I enjoy your youtube channel very much. Segwit2x is cancelled, let's see what will be in store for bitcoin in the future.

What the fork is going on?!??! I think it's confusing for so many people right now...I also made a video on it and asked people's opinion on Bitcoin's situation.

Hey boxmining,
Thanks for sharing

I simply love your articles, what great content and quality of posting you offer the community here on Steemit and abroad.

Thanks a lot :)

Bitcoin has plan to deliver 21M coin for 100 yr time frame . But this kind of fork updates ! I dont think that 21M limitation stays long at all, not with this kind of popularity.

Hi,
Great Content.