1 Million Dollar Bounty in Litecoin to break Segwit from anonymous Redditor

in #litecoin7 years ago (edited)

Looks like people have gone out of their way to talk smack about SEGWIT and how it's going to be the death of Litecoin due to the ability for others to possible spend your coin. Well there is no certainity on that aspect but it looks like redditor throwaway40338210716 has decided to throw up his own coin in a bounty to answer that very question. Are we about to see a new gold rush of people looking to break a coin on a bounty that if broken could change the history of litecoin forever and kill of their bounty. Looks like we are seeing a new meta when it comes to the understanding of how digital currency works and how it is thought to be broken. I believe this is going to be the best way to determine if Segwit is breakable like some of the more pious bitcoiners talk about. Litecoin is always doing interesting things with puzzles like the recent bounty for for 7k from Charlie lee and company.


OG Post:
https://www.reddit.com/r/litecoin/comments/6azeu1/1mm_segwit_bounty/

A lot of people have been saying that segwit is unsafe because segwit coins are "anyone-can-spend" and can be stolen. So lets put this to the test. I put up $1MM of LTC into a segwit address. You can see it's a segwit address because I sent and spent 1 LTC first to reveal the redeemscript.
https://chainz.cryptoid.info/ltc/address.dws?3MidrAnQ9w1YK6pBqMv7cw5bGLDvPRznph.htm
Let's see if segwit really is "anyone-can-spend" or not.
Good luck.

Wallet on the Blockchain Explorer
https://chainz.cryptoid.info/ltc/address.dws?3MidrAnQ9w1YK6pBqMv7cw5bGLDvPRznph.htm

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